Opthea Company Overview

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About Opthea

Opthea (ASX:OPT), (NASDAQ:OPT) is a biotechnology company focused on developing and commercializing therapies to treat eye diseases. The company's main project revolves around a novel drug candidate designed to address significant needs in the ophthalmology space, particularly targeting conditions like age-related macular degeneration (AMD) and diabetic macular edema (DME). With a strong commitment to research and innovation, Opthea aims to provide new, effective treatment options for patients suffering from eye diseases. The goal is not only to advance science in the field of ophthalmology but also to improve the quality of life for those affected by these debilitating conditions.

What is Opthea known for?

Snapshot

1984
Year founded
35
Employees
Victoria, Australia
Head office
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Operations

All Locations
Australia

Products and/or services of Opthea

  • OPT-302, a novel therapy for wet age-related macular degeneration (wAMD) aiming to inhibit VEGF-C and VEGF-D to supplement current VEGF-A treatments.
  • Clinical trials for OPT-302 in combination with aflibercept for treating Diabetic Macular Edema (DME), exploring synergistic effects for improved patient outcomes.
  • Development of OPT-302 for treating Polypoidal Choroidal Vasculopathy (PCV), a subtype of neovascular age-related macular degeneration, to address unmet medical needs.
  • Preclinical programs exploring OPT-302’s potential in oncology, assessing its effectiveness in inhibiting tumor growth and metastasis by targeting vascular endothelial growth factors.
  • Research and development efforts aimed at expanding the application of OPT-302 to treat other eye diseases that involve abnormal blood vessel growth and leakage.
  • Partnership and collaboration initiatives to leverage external expertise and resources for advancing the clinical development pipeline and enhancing product commercialization strategies.

Opthea executive team

  • Dr. Jeremy Max Levin Ba Zoology, Dphil, M.D., Mb Bchir, Ph.D.CEO & Chairperson
  • Mr. Hamish GeorgeCFO & Joint Company Secretary
  • Ms. Stephanie VipondJoint Company Secretary

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