Interesting article. I note Opthea has the option to prepay its obligations at any time.
Megan Baldwin is quoted several times.
”This strategic transaction is expected to fund us through Phase 3 top-line data expected in mid-2024 and strengthens our strategic position to maximise the value of OPT-302”
”One of the really good points about the financing is that you can be in a stronger position to move it forward independently. It means we can make the right choices and only do a partnership deal that is
good - we’re not forced into a position of needing to do any one kind of deal, we’re independently funding through to top-line data readout.”
”That said, we’re remain open to partnership, because we recognise you can leverage the expertise and resources of a large pharmaceutical partner.”
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Interesting article. I note Opthea has the option to prepay its...
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