Opthea announced the completion of its drug substance Process Performance Qualification campaign for sozinibercept. The PPQ campaign consisted of the production of three successful consecutive commercial-scale drug substance batches required for the validation of Opthea’s manufacturing process. The batches have been produced following an extensive manufacturing process development program. “The successful completion of the drug substance PPQ campaign is an important step towards de-risking the program and a potential biologics license application filing of sozinibercept in wet AMD,” commented Fred Guerard, PharmD, CEO. “While we continue to advance our two fully enrolled, pivotal Phase 3 trials of sozinibercept in wet AMD, we now have demonstrated our ability to consistently manufacture quality drug substance at commercial scale, which will serve as a key component of our BLA Chemistry, Manufacturing and Controls module.”
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OPT:
- Opthea Announces Completion of Drug Substance PPQ Campaign Validating Manufacturing Process of Sozinibercept
- Opthea Advances Toward Sozinibercept Commercialization
- JMP Securities healthcare analysts hold an analyst/industry conference call
- Opthea price target lowered to $10 from $12 at Citi
- Opthea to have presence at 24th EURETINA Congress