Opthea To Present at Oppenheimer’s 32nd Annual Healthcare Conference

Rhea-AI Summary

Opthea Limited (ASX:OPT), a clinical stage biopharmaceutical firm, announced that CEO Dr. Megan Baldwin will present at Oppenheimer's 32nd Annual Healthcare Conference, scheduled for March 15-17, 2022. The presentation will be accessible starting March 15 at 8:40 am ET and available for 90 days on the company's Investors page. Opthea is focused on developing innovative therapies for retinal diseases, with its lead product candidate, OPT-302, currently in pivotal Phase 3 clinical trials aimed at enhancing efficacy in treating wet age-related macular degeneration and diabetic macular edema.

MELBOURNE, Australia, March 10, 2022 (GLOBE NEWSWIRE) -- Opthea Limited (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 Chief Executive Officer, will present at Oppenheimer’s 32nd Annual Healthcare Conference, being held virtually from March 15-17, 2022.

The presentation will be available beginning Tuesday, March 15, at 8:40 am ET (11:40 pm AEDT), and may be accessed for 90 days on the Investors page of the Opthea website at https://www.opthea.com/presentations/.

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 Megan Baldwin, CEO & Managing Director

Company & Media Enquiries:

U.S.A. & International:	Australia:
Sam Martin Argot Partners Tel: +1 212-600-1902 opthea@argotpartners.com	Rudi Michelson Monsoon Communications Tel: +61 (0) 3 9620 3333

Join our email database to receive program updates:

Tel: +61 (0) 3 9826 0399 Email: info@opthea.com Web: www.opthea.com 

FAQ

When is Opthea's presentation at Oppenheimer's Healthcare Conference?

Opthea's presentation will take place on March 15, 2022, at 8:40 am ET.

Where can I watch the Opthea presentation?

The presentation can be accessed on Opthea's Investors page starting March 15, 2022, and will be available for 90 days.

What is the focus of Opthea's research?

Opthea focuses on developing treatments for prevalent retinal diseases, including wet age-related macular degeneration and diabetic macular edema.

What stage is Opthea's lead product candidate, OPT-302, in?

OPT-302 is currently in pivotal Phase 3 clinical trials.

What are the potential risks of investing in Opthea?

Investing in Opthea involves risks associated with drug development, including lengthy clinical trials and uncertainty regarding regulatory approvals.