OPT 3.82% 81.5¢ opthea limited

Ann: Opthea Raises A$50 million in Institutional Placement, page-3

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    Some people might question why now, but if a company wants to get approval for a trial it needs to show it has the funds to complete it.

    Column 1
    1 Proceeds from the Placement will be used to:- fund further clinical development of OPT-302 as a therapy for wet Age-related Macular Degeneration (“wet AMD” or “wAMD” through commencement of two concurrent Phase 3 pivotal registrational trials in approximately 660 wet AMD patients each; and- manufacture sufficient quantities of clinical grade OPT-302 for Phase 3 clinical development
    Last edited by whytee: 02/12/19
 
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