Opthea Limited Sponsored ADR (OPT) has released an update.
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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.
For further insights into OPT stock, check out TipRanks’ Stock Analysis page.