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Optimer Pharmaceuticals Prices Common Share Offering

February 25, 2010 (FinancialWire) — Optimer Pharmaceuticals, Inc. (NASDAQ: OPTR) has priced a public offering of 4.25 million shares of its common stock.

The offering is scheduled to close on or about March 1. Optimer has granted the underwriter a 30-day option to purchase up to an additional 637,500 shares to cover over-allotments.

California-based Optimer Pharmaceuticals is currently focused on discovering, developing, and commercializing anti-infective products in diseases of unmet needs and where current therapeutic options have limitations.

The company’s initial development efforts address products that treat gastrointestinal infections and related diseases where current therapies have limitations, including diminished efficacy, serious adverse side effects, drug-to-drug interactions, difficult patient compliance and bacterial resistance.

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