OPT 1.37% 37.0¢ opthea limited

Here is the meat of the release.MELBOURNE, Australia and...

  1. 1,008 Posts.
    lightbulb Created with Sketch. 226
    Here is the meat of the release.

    MELBOURNE, Australia and PRINCETON, N.J., May 28, 2024 -- Opthea Limited
    (ASX/NASDAQ: OPT “Opthea”, the “Company”), a clinical-stage biopharmaceutical
    company developing novel therapies to treat highly prevalent and progressive retinal
    diseases, including wet age-related macular degeneration (wet AMD), today announced
    that it has now completed enrollment in both the COAST and ShORe trials constituting
    its pivotal Phase 3 clinical program. This program is designed to assess the safety and
    superior efficacy of sozinibercept in combination with standard-of-care anti-VEGF-A
    therapies compared to standard of care alone for the treatment of patients with wet AMD.
    “Today marks the achievement of a key milestone for the sozinibercept global Phase 3
    clinical trial program that brings us closer to our goal of improving visual outcomes for
    patients with wet AMD,” said Arshad M. Khanani, MD, MA, FASRS, Chief Medical Advisor
    of Opthea. “In a large Phase 2b clinical trial of 366 treatment-naïve wet AMD patients,
    sozinibercept demonstrated strong clinical evidence of superior visual outcomes in
    combination with ranibizumab. These data formed the basis for this large, global Phase
    3 clinical program.”

 
watchlist Created with Sketch. Add OPT (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.