Opthea

Clinical-stage biopharmaceutical company developing novel therapies for retinal diseases, with lead candidate sozinibercept targeting wet age-related macular degeneration and diabetic macular edema.

Location
Melbourne, Australia
Founded
2007
Investors
1
Categories
biotech, ophthalmology, retinal-diseases, wet-amd

Notes

Opthea is a clinical-stage biopharmaceutical company focused on developing transformative therapies for retinal diseases. The company's lead candidate, sozinibercept (OPT-302), is a VEGF-C/D inhibitor designed to be used in combination with existing anti-VEGF treatments to improve outcomes for patients with wet age-related macular degeneration (wet AMD) and diabetic macular edema (DME).

Opthea's approach targets additional growth factors beyond VEGF-A, which is targeted by current standard of care treatments.

Team

  • Frederic Guerard, Ph.D. - Chief Executive Officer
  • Megan Baldwin, Ph.D. - Co-Founder & Chief Scientific Officer

Additional Research Findings

  • Founded in 2007 in Melbourne, Australia
  • Listed on NASDAQ (ticker: OPT) and ASX
  • Portfolio company of Abingworth
  • Lead candidate sozinibercept (OPT-302) - VEGF-C/D inhibitor
  • Phase 3 trials for wet AMD (ShORe and COAST studies)
  • Combination therapy approach with existing anti-VEGF treatments
  • Focus on improving vision outcomes beyond current standard of care

Sources

Investors

NameLocationTypeStagesPortfolio
AbingworthLondon, UK / Boston, USAbiotech-focused
seedseries-a+3
34