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Local eye drug falls at final hurdle
Posted 27 March 2025 PM
Melbourne-based biotech Opthea has announced catastrophic news, with the Phase 3 failure of its eye drug raising the possibility the company could be made to repay money invested in it and go under.
The global COAST Phase 3 trial of VEGF-C and VEGF-D inhibitor OPT-302, or sozinibercept, with 2mg administered intravitreally every four or eight weeks in combination with 2mg of Bayer's Eylea every eight weeks failed to meet its primary endpoint.
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Posted 27 March 2025 PM
Melbourne-based biotech Opthea has announced catastrophic news, with the Phase 3 failure of its eye drug raising the possibility the company could be made to repay money invested in it and go under.
The global COAST Phase 3 trial of VEGF-C and VEGF-D inhibitor OPT-302, or sozinibercept, with 2mg administered intravitreally every four or eight weeks in combination with 2mg of Bayer's Eylea every eight weeks failed to meet its primary endpoint.
To see the whole article, please login
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