Like many series before this one, several figures were available with a foil-bordered character poster instead of a comic. Based on internet searches, there's very little evidence of them even existing, so information on them is naturally incomplete.
The Russian mutant Arkady Rossovich was transformed into a "super soldier" by the KGB, but he could not control his abilities and was placed into suspended animation. Recovered by agents of the ninja clan known as the Hand, Omega Red soon clashed with the X-Men, particularly Wolverine. Omega Red secretes an airborne toxin from his body that kills those in his immediate vicinity. Also, his arms are long coils made of carbonadium, an alloy similar to adamantium.