Opthea Wet AMD Program to be Presented at Innovate Retina
Rhea-AI Summary
Opthea (ASX/NASDAQ: OPT) announced that its wet age-related macular degeneration (wet AMD) program will be presented at the Innovate Retina Meeting on October 17, 2024, in Chicago, Illinois. Dr. David Boyer will provide an update on sozinibercept, highlighting:
- The unmet medical need in wet AMD
- Phase 2b trial results
- Phase 3 program designed to assess superiority in visual acuity of the combination therapy with sozinibercept over anti-VEGF-A monotherapy
The presentation, titled 'Update on OPT-302 (sozinibercept)', is scheduled for 5:27 PM CT during Session 4: New Routes and New Molecules. Innovate Retina focuses on innovations in retina care, including AMD management, ocular imaging, gene therapy, and advances in retinal pharmacotherapy.
Positive
- Presentation of sozinibercept at a prominent retina innovation meeting
- Opportunity to showcase Phase 2b trial results and Phase 3 program design
- Potential to address unmet medical needs in wet AMD treatment
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, OPT declined 0.19%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
MELBOURNE, Australia, and Princeton, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- 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 sozinibercept will be highlighted during the Innovate Retina Meeting on October 17, 2024, in Chicago, Illinois.
David Boyer, MD, will present an update on Opthea’s wet AMD program, including highlights of the unmet medical need in wet AMD, the sozinibercept Phase 2b trial results, and the Phase 3 program designed to assess superiority in visual acuity of the combination therapy with sozinibercept over anti-VEGF-A monotherapy.
Details are as follows:
Session 4: New Routes and New Molecules
Timing: Thursday, October 17, 2024, 5:27 PM CT
Presentation: Update on OPT-302 (sozinibercept)
Presenter: David S. Boyer, MD
Agenda: https://retinainnovate.com/agenda/
Innovate Retina focuses exclusively on game-changing innovations in medical and surgical retina care, including current management of age-related macular degeneration (AMD) and diabetic retinopathy, ocular imaging, gene therapy, ocular inflammation, surgical technologies, ocular oncology, and the latest advances in retinal pharmacotherapy.
About Opthea
Opthea (ASX/NASDAQ:OPT) is a biopharmaceutical company developing novel therapies to address the unmet needs in the treatment of highly prevalent and progressive retinal diseases, including wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME).
Opthea’s lead product candidate, sozinibercept, is being evaluated in two fully enrolled pivotal Phase 3 clinical trials (COAST, NCT04757636, and ShORe, NCT04757610) for use in combination with standard-of-care anti-VEGF-A monotherapies to improve the overall efficacy and deliver superior vision gains compared to standard-of-care anti-VEGF-A agents alone.
To learn more, visit our website at www.opthea.com and follow us on X and LinkedIn.
Authorized for release to ASX by Frederic Guerard, CEO
Investor Inquiries
PJ Kelleher
LifeSci Advisors, LLC
Email: pjkelleher@lifesciadvisors.com
Phone: 617-430-7579
Media Inquiries
Silvana Guerci-Lena
NorthStream Global Partners
Email: silvana@nsgpllc.com
Join our email database to receive program updates:
Tel: +61 (0) 3 9826 0399, Email: info@opthea.com Web: www.opthea.com
Source: Opthea Limited
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