Opthea to Present at Eyecelerator Forum at the 2023 American Academy of Ophthalmology (AAO) Conference
30 Octobre 2023 - 10:30AM
Opthea Limited (NASDAQ:OPT; ASX:OPT), a clinical stage
biopharmaceutical company developing novel therapies to treat
highly prevalent and progressive retinal diseases, announced today
that Dr. Megan Baldwin, the Company’s Founder & Chief
Innovation Officer, will present at Eyecelerator which is part of
AAO 2023 being held in San Francisco, CA on November 3rd to 6th,
2023.
Dr. Baldwin will present on Thursday, November
2nd at 1:36pm PST as part of Eyecelerator’s “Retina Showcase”
highlighting companies advancing next generation therapeutics for
retina diseases. Eyecelerator is a partnership between the
American Academy of Ophthalmology (AAO) and the American Society of
Cataract and Refractive Surgery (ASCRS). Its mission is to connect
entrepreneurs, investors, companies, and physicians to advance
ophthalmic innovation through live conferences, virtual
programming, and a next-generation networking platform.
The American Academy of
Ophthalmology is the world’s largest association of eye
physicians and surgeons. A global community of 32,000 medical
doctors, it protects sight and empowers lives by setting the
standards for ophthalmic education and advocating for patients and
the public. The Academy innovates to advance the profession and to
ensure the delivery of the highest-quality eye care. For more
information, visit aao.org.
About Opthea Limited
Opthea (ASX:OPT; Nasdaq:OPT) is a
biopharmaceutical company developing novel therapies to address the
unmet need in the treatment of highly prevalent and progressive
retinal diseases, including wet age-related macular degeneration
(wet AMD) and diabetic macular edema (DME). Opthea’s lead product
candidate OPT-302 is in pivotal Phase 3 clinical trials and being
developed for use in combination with anti-VEGF-A monotherapies to
achieve broader inhibition of the VEGF family, with the goal of
improving overall efficacy and demonstrating superior vision gains
over that which can be achieved by inhibiting VEGF-A alone.
Inherent risks of Investment in
Biotechnology Companies
There are a number of inherent risks associated
with the development of pharmaceutical products to a marketable
stage. The lengthy clinical trial process is designed to assess the
safety and efficacy of a drug prior to commercialization and a
significant proportion of drugs fail one or both of these criteria.
Other risks include uncertainty of patent protection and
proprietary rights, whether patent applications and issued patents
will offer adequate protection to enable product development, the
obtaining of necessary drug regulatory authority approvals and
difficulties caused by the rapid advancements in technology.
Companies such as Opthea are dependent on the success of their
research and development projects and on the ability to attract
funding to support these activities. Investment in research and
development projects cannot be assessed on the same fundamentals as
trading and manufacturing enterprises. Therefore, investment in
companies specializing in drug development must be regarded as
highly speculative. Opthea strongly recommends that professional
investment advice be sought prior to such investments.
Authorized for release to ASX by Frederic Guerard,
CEO |
Company & Media Enquiries: |
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U.S.A. &
International: |
Australia: |
Peter Lang, CFO |
Rudi Michelson |
Opthea Limited |
Monsoon Communications |
Tel: +1 917 445-4174 |
Tel: +61 (0) 3 9620 3333 |
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|
Media: |
|
Hershel Berry |
|
Blueprint Life Science Group |
|
Tel: +1 415 505 3749 |
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hberry@bplifescience.com |
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Join our
email database to receive program updates: |
Tel: +61 (0) 3 9826
0399 Email: info@opthea.com Web: www.opthea.com |
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