Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Expires: January 31, 2005
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
Omega Fund Management LTD
  2. Issuer Name and Ticker or Trading Symbol
MICROMET, INC. [MITI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director __X__ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
13-15 VICTORIA ROAD, ST. PETER PORT, 
3. Date of Earliest Transaction (Month/Day/Year)
06/22/2007
(Street)

GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 06/22/2007   P   1,634,877 A $ 2.69 1,634,877 I By fund (1)
Common Stock               3,257,936 I By fund (2)

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Common Stock Warrants (right to buy) $ 3.09 06/22/2007   P   817,439   12/19/2007 12/19/2012 Common Stock 817,439 $ 0.125 817,439 I By fund (1)

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Omega Fund Management LTD
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Stampacchia Otello
C/O WALKERS SPV LTD.
WALKER HOUSE, MARY STREET P.O. BOX 908GT
GEORGE TOWN, GRAND CAYMAN, E9 00000
  X   X    
Helyar Connie
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Luff John P
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Omega Fund I, L.P.
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Omega Fund GP, Ltd.
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Omega Fund III, L.P.
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Omega Fund III GP, L.P.
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Omega Fund III G.P., Ltd.
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    
Sigma Holding LTD
C/O OMEGA FUND MANAGEMENT LIMITED
13-15 VICTORIA ROAD, ST. PETER PORT
GUERNSEY, CHANNEL ISLANDS, X0 GY1 3ZD
    X    

Signatures

 /s/ Mr. John Luff, as director of Omega Fund Management Limited   06/26/2007
**Signature of Reporting Person Date

 /s/ Otello Stampacchia   06/26/2007
**Signature of Reporting Person Date

 /s/ Connie Helyar   06/26/2007
**Signature of Reporting Person Date

 /s/ John P. Luff   06/26/2007
**Signature of Reporting Person Date

 /s/ Mr. John Luff, director of Omega Fund GP, Ltd., the general partner of Omega Fund I, L.P.   06/26/2007
**Signature of Reporting Person Date

 /s/ Mr. John Luff, director of Omega Fund GP, Ltd.   06/26/2007
**Signature of Reporting Person Date

 /s/ Mrs. Connie Helyar, director of Omega Fund III G.P., Ltd., the general partner of Omega Fund III, L.P.   06/26/2007
**Signature of Reporting Person Date

 /s/ Mrs. Connie Helyar, director of Omega Fund III G.P., Ltd., the general partner of Omega Fund III GP, L.P.   06/26/2007
**Signature of Reporting Person Date

 /s/ Mrs. Connie Helyar, director of Omega Fund III G.P., Ltd.   06/26/2007
**Signature of Reporting Person Date

 /s/ Mrs. Connie Helyar, director of Sigma Holding Limited   06/26/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Consists of securities held directly by Omega Fund III, L.P. ("Omega III"). Omega Fund III GP, L.P. ("Omega III GPLP") is the general partner of Omega III. Omega Fund III G.P., Ltd. ("Omega III GPLtd") is the general partner of Omega III GPLP. Omega Fund Management Limited ("Omega Management") is the sole shareholder of Omega III GPLtd. Sigma Holding Limited ("Sigma") is the sole shareholder of Omega Management. Connie Helyar ("Helyar") and John Luff ("Luff") are directors of each of (i) Omega III GPLtd, (ii) Omega Management, and (iii) Sigma. Otello Stampacchia ("Stampacchia") is the sole shareholder of Sigma and is also a director of Micromet, Inc. Each of Omega III GPLP, Omega III GPLtd., Omega Management, Sigma, Helyar, Luff and Stampacchia disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein.
(2) Consists of securities held directly by Omega Fund I, L.P. ("Omega I"). Omega Fund GP, Ltd. ("Omega GP") is the general partner of Omega I. Omega Management is the sole shareholder of Omega GP. Sigma is the sole shareholder of Omega Management. Helyar and Luff are directors of each of (i) Omega GP, (ii) Omega Management, and (iii) Sigma. Stampacchia is the sole shareholder of Sigma and is also a director of Micromet, Inc. Each of Omega GP, Omega Management, Sigma, Helyar, Luff and Stampacchia disclaims beneficial ownership of the reported securities except to the extent of his, her or its pecuniary interest therein.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.