OPT 1.56% 63.0¢ opthea limited

It is as it is: Firing...

  1. 87 Posts.
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    It is as it is: Firing aChiefMedicalOfficerafter16monthsonboardonly and in the midst of a bumpy (to say the least) P3 enrollment is an pretty outspoken admission that Joel Naor has been the wrong man in the wrong position. All talk, all finger pointing in the June-December 2022 report to Covid related restrictions and the Ukraine/Russia conflict being the culprit for enrollment delays proved to be nonsense.

    What a pitty for the useless meltdown of cash reserves during his period of underperformance.

    Back in March 2023 Opthea said they would „anticipate updating the market as we get a little closer to the completion of our Phase 3 recruitment.“ Well, that wasn‘t quite the update I was hoping for…

    All we are left with is hoping Opthea won‘t be preparing the markets for a further delay in enrollment. Which by the way wouldbethefourthdelay since start of enrollment March 2021. What a never ending story this P3 turns out to be. Unbelievable…
 
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