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OptiNose, Inc. - OPTN STOCK NEWS

Welcome to our dedicated page for OptiNose news (Ticker: OPTN), a resource for investors and traders seeking the latest updates and insights on OptiNose stock.

OptiNose, Inc. (NASDAQ: OPTN), founded in 2010 and headquartered in Yardley, Pennsylvania, is a global specialty pharmaceutical company focused on improving the lives of patients treated by ear, nose, and throat (ENT) and allergy specialists. The company is known for its innovative approach to pharmaceutical development and commercialization, aiming to offer value to both the healthcare system and its stakeholders.

OptiNose's flagship product is XHANCE (fluticasone propionate) nasal spray, a unique therapeutic that utilizes the proprietary Exhalation Delivery System (EDS). This system delivers a topical corticosteroid deep into the nasal passages to treat chronic rhinosinusitis with nasal polyps. Unlike traditional nasal sprays, XHANCE targets inflammation high and deep within the nasal passages, reaching areas previously inaccessible by standard treatments.

Recently, XHANCE was approved by the FDA for the treatment of chronic rhinosinusitis without nasal polyps, expanding its potential patient base significantly. This approval was backed by robust clinical data from the ReOpen program, consisting of two global, randomized, double-blind, placebo-controlled Phase 3 trials. These trials demonstrated significant improvement in both symptoms and inflammation for patients with chronic sinusitis, with or without nasal polyps. Some common adverse reactions included epistaxis, headache, and nasopharyngitis, consistent with its labeled safety profile.

OptiNose continues to innovate, working on faster and cost-effective product developments and exploring new commercial models. The company collaborates with ENT and allergy specialists to bring breakthrough treatments to patients, focusing on efficiency and effectiveness in all its operations. OptiNose's commitment to values and ethical practices ensures their dedication to patient care and improved health outcomes.

For the latest updates and detailed information on OptiNose's financial performance, current projects, and strategic developments, visit their website or follow them on social media platforms like X and LinkedIn.

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Optinose (OPTN) announced that the FDA has extended the review period for its supplemental new drug application (sNDA) for XHANCE as a treatment for chronic rhinosinusitis, with the updated Prescription Drug User Fee Act (PDUFA) goal date set for March 16, 2024. The FDA requested additional efficacy subset analyses of existing clinical data, leading to the extension. XHANCE could potentially be the first and only drug indicated for the treatment of chronic rhinosinusitis, a diagnosis assigned at approximately 10 million patient visits annually.
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Optinose (OPTN) to present company overview and business update at 35th Annual Piper Sandler Healthcare Conference on November 29, 2023
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Optinose (NASDAQ:OPTN) reports Q3 2023 XHANCE net revenue of $19.8 million, expects net revenue for 2023 to be between $66.0 to $70.0 million. The company's operating efficiency improved as SG&A and R&D expenses decreased by 33%. PDUFA goal date for XHANCE Chronic Rhinosinusitis sNDA is December 16, 2023.
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Optinose to report Q3 2023 financial results and corporate updates on November 9, 2023.
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Optinose to present at Cantor Global Healthcare Conference
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Optinose, a pharmaceutical company focused on ENT and allergy specialists, reported preliminary net product revenue of $19.5 million for Q2 2023, exceeding expectations. The company plans to update its full-year 2023 XHANCE net revenue guidance on August 10. A conference call to discuss financial results and corporate updates will be held on the same day at 8:00 a.m. Eastern Time.
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FAQ

What is the current stock price of OptiNose (OPTN)?

The current stock price of OptiNose (OPTN) is $5.96 as of January 7, 2025.

What is the market cap of OptiNose (OPTN)?

The market cap of OptiNose (OPTN) is approximately 59.6M.

What is OptiNose, Inc.?

OptiNose, Inc. is a global specialty pharmaceutical company focused on developing and commercializing innovative treatments for patients treated by ear, nose, and throat (ENT) and allergy specialists.

What is XHANCE?

XHANCE is a nasal spray developed by OptiNose that uses the Exhalation Delivery System (EDS) to deliver a corticosteroid deep into the nasal passages, primarily for treating chronic rhinosinusitis with and without nasal polyps.

What recent approval did OptiNose receive from the FDA?

The FDA recently approved XHANCE for the treatment of chronic rhinosinusitis without nasal polyps, expanding its therapeutic use.

What is the ReOpen program?

The ReOpen program consisted of two Phase 3 clinical trials that evaluated the efficacy and safety of XHANCE for treating chronic rhinosinusitis, both with and without nasal polyps.

What common side effects are associated with XHANCE?

Common side effects of XHANCE include epistaxis (nosebleeds), headache, and nasopharyngitis.

How does OptiNose's Exhalation Delivery System (EDS) work?

The EDS technology in XHANCE allows for the delivery of medication high and deep in the nasal passages, targeting areas of inflammation that are difficult to reach with standard nasal sprays.

What is chronic rhinosinusitis?

Chronic rhinosinusitis is a long-term inflammation of the sinuses that can cause symptoms like nasal congestion, facial pain, and nasal discharge. It often requires medical treatment for symptom relief.

Where is OptiNose headquartered?

OptiNose is headquartered in Yardley, Pennsylvania.

How does OptiNose create value for the healthcare system?

OptiNose focuses on faster, less costly product development and innovative commercial models, aiming to improve patient outcomes while creating value for the healthcare system and stakeholders.

Where can I learn more about OptiNose and its products?

You can learn more about OptiNose and its products by visiting their website or following them on social media platforms like X and LinkedIn.
OptiNose, Inc.

Nasdaq:OPTN

OPTN Rankings

OPTN Stock Data

59.59M
9.44M
6.12%
78.3%
2.11%
Drug Manufacturers - Specialty & Generic
Pharmaceutical Preparations
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United States of America
YARDLEY