Opthea Limited Strengthens Leadership and Advances AMD Treatment

Opthea Limited Sponsored ADR (OPT) has released an update.

Opthea Limited has made strategic leadership appointments and completed key manufacturing milestones to advance its lead product, sozinibercept, which is in Phase 3 trials for wet age-related macular degeneration (AMD). The company has joined the S&P/ASX 300 Index, signaling growing investor interest, and aims to position sozinibercept as a groundbreaking treatment for retinal diseases. With a strong cash position, Opthea is set to make significant strides in the biopharmaceutical market.

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