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Opthea Limited American Depositary Shares - $OPT STOCK NEWS

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Rhea-AI Summary

Opthea (OPT) announced its participation in the Retina World Congress 2024 to present scientific updates on sozinibercept (OPT-302) Phase 2 trial results and Phase 3 program. CEO Frederic Guerard and other key professionals will discuss the latest advancements in wet age-related macular degeneration treatment.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.65%
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conferences
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Rhea-AI Summary
Opthea (ASX/NASDAQ: OPT) will present at the OIS Retina Innovation Summit at ARVO. Dr. Frederic Guerard, CEO, will discuss the company's clinical-stage pipeline and innovation agenda on May 4, 2024, in Seattle, Washington.
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End-of-Day
5.83%
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conferences
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Rhea-AI Summary
Opthea appoints Dr. John Han as Vice President of Medical Affairs, bringing extensive experience in retinal and ophthalmology diseases. Dr. Han's track record in medical affairs and launching therapies for patients with retinal disease will support Opthea's Phase 3 trial for wet AMD drug, sozinibercept.
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8%
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management
Rhea-AI Summary
Opthea to Present at 23rd Annual Needham Virtual Healthcare Conference
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2.56%
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Rhea-AI Summary
Opthea appoints Sujal Shah, a former CymaBay Therapeutics CEO, as Non-Executive Director and Audit and Risk Committee Chair. Shah's extensive biopharmaceutical leadership experience adds value to Opthea's Board as they advance therapies for retinal diseases like wet AMD.
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Rhea-AI Sentiment
End-of-Day
-1.27%
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management
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Rhea-AI Summary
Opthea (ASX:OPT; NASDAQ:OPT) to host a virtual KOL event focusing on sozinibercept's potential in treating wet AMD. The event will feature global retina experts discussing Phase 2b data and ongoing Phase 3 trials.
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-- %
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Opthea Limited to participate in investor meetings at Leerink Partners Global Biopharma Conference in Miami, Florida. Opthea is a clinical-stage biopharmaceutical company focusing on retinal disease therapies.
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-7.49%
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Rhea-AI Summary
Opthea Limited (ASX:OPT; NASDAQ:OPT) announced the completion of enrollment in the Phase 3 program for sozinibercept by Q2 2024, with top-line data expected in mid-2025. The company also expanded its U.S. leadership team and reported cash and cash equivalents of $157.1 million as of December 31, 2023.
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Rhea-AI Sentiment
End-of-Day
1.11%
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Rhea-AI Summary
Opthea Limited appoints Dr. Arshad M. Khanani as Chief Medical Advisor to support the development of sozinibercept, a potential breakthrough treatment for wet age-related macular degeneration.
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Rhea-AI Sentiment
End-of-Day
2.36%
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management
Rhea-AI Summary
Opthea Limited completes enrollment of patients in COAST Phase 3 pivotal clinical trial investigating sozinibercept in combination with aflibercept for the treatment of wet AMD. ShORe trial enrollment to be completed in Q2 2024 with top-line results expected by mid-2025.
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Rhea-AI Sentiment
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-0.85%
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Opthea Limited American Depositary Shares

Nasdaq:OPT

OPT Rankings

OPT Stock Data

272.57M
480.83M
9.46%
0.15%
Biological Product (except Diagnostic) Manufacturing
Manufacturing
Link
United States of America
Melbourne

About OPT

opthea limited (formerly circadian technologies) is a public australian biotechnology company developing novel biologic therapies for the treatment of eye diseases. opthea's lead compound, opt-302, blocks two members of the vascular endothelial growth factor family, namely vegf-c and vegf-d, which cause blood vessels to grow and leak. aberrant blood vessel growth and vascular leakage are hallmarks of several eye diseases including wet age-related macular degeneration (wet amd). opthea is currently investigating opt-302 in an ongoing phase 1/2a clinical trial in wet amd patients. enquiries can be directed to: info@opthea.com