Opthea to Participate in EF Hutton Hosted Discussion on OPT-302 and the Wet AMD Market
May 17 2023 - 5:00AM
Opthea Limited (NASDAQ:OPT; ASX:OPT), a clinical stage
biopharmaceutical company developing novel therapies to treat
highly prevalent and progressive retinal diseases, announced today
that Elemer Piros, Senior Biotechnlogy Analyst at EF Hutton will
host a webinar with Dr. Megan Baldwin, CEO and Managing Director
and Timothy E. Morris, CFO of Opthea Limited on Thursday, May 18th
at 5:00 pm EDT (Friday, May 19th at 7:00 am AEST).
Participates should register in advance at:
https://us06web.zoom.us/webinar/register/WN_KwBdRMO9RIunOQcQJGiyLw#/registration.
An archive of the presentation may be accessed for 90 days on
the Investors page of the Opthea website at
https://www.opthea.com/presentations/.
About Opthea Limited
Opthea (ASX:OPT; Nasdaq:OPT) is a
biopharmaceutical company developing novel therapies to address the
unmet need 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 OPT-302 is in pivotal Phase 3 clinical trials and being
developed for use in combination with anti-VEGF-A monotherapies to
achieve broader inhibition of the VEGF family, with the goal of
improving overall efficacy and demonstrating superior vision gains
over that which can be achieved by inhibiting VEGF-A alone.
Inherent risks of Investment in
Biotechnology Companies
There are a number of inherent risks associated
with the development of pharmaceutical products to a marketable
stage. The lengthy clinical trial process is designed to assess the
safety and efficacy of a drug prior to commercialization and a
significant proportion of drugs fail one or both of these criteria.
Other risks include uncertainty of patent protection and
proprietary rights, whether patent applications and issued patents
will offer adequate protection to enable product development, the
obtaining of necessary drug regulatory authority approvals and
difficulties caused by the rapid advancements in technology.
Companies such as Opthea are dependent on the success of their
research and development projects and on the ability to attract
funding to support these activities. Investment in research and
development projects cannot be assessed on the same fundamentals as
trading and manufacturing enterprises. Therefore, investment in
companies specializing in drug development must be regarded as
highly speculative. Opthea strongly recommends that professional
investment advice be sought prior to such investments.
Authorized for release to ASX by Megan
Baldwin, CEO & Managing Director
Company & Media
Enquiries: |
U.S.A. & International: |
|
|
Australia: |
Timothy E. Morris, CFO |
|
|
Rudi Michelson |
Opthea Limited |
|
|
Monsoon Communications |
Tel: +1 650-400-6874 |
|
|
Tel: +61 (0) 3 9620 3333 |
|
|
|
|
Media: |
|
|
|
Hershel Berry |
|
|
|
Blueprint Life Science Group |
|
|
|
Tel: +1 415 505 3749 |
|
|
|
hberry@bplifescience.com |
|
|
|
Join our email database to receive
program updates:Tel: +61 (0) 3 9826 0399 Email:
info@opthea.com Web: www.opthea.com
Opthea (NASDAQ:OPT)
Historical Stock Chart
From Feb 2025 to Mar 2025
Opthea (NASDAQ:OPT)
Historical Stock Chart
From Mar 2024 to Mar 2025