Opthea Limited (ASX:OPT)

Australia flag Australia · Delayed Price · Currency is AUD
0.600
0.00 (0.00%)
Mar 14, 2025, 4:10 PM AEST
-12.41%
Market Cap 738.77M
Revenue (ttm) 336.08K
Net Income (ttm) -403.04M
Shares Out 1.23B
EPS (ttm) -0.42
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 6,141,489
Average Volume 4,653,062
Open 0.605
Previous Close 0.600
Day's Range 0.595 - 0.615
52-Week Range 0.335 - 1.165
Beta 1.64
RSI 22.25
Earnings Date May 28, 2025

About Opthea

Opthea Limited, a clinical-stage biopharmaceutical company, develops and commercializes drugs for eye diseases in Australia and the United States. Its development activities are based on the intellectual property portfolio covering vascular endothelial growth factors (VEGF) VEGF-C, VEGF-D, and VEGF Receptor-3 for the treatment of diseases associated with blood and lymphatic vessel growth, as well as vascular leakage. The company’s lead product candidate is sozinibercept (OPT-302), a biologic drug in Phase 3 clinical trials designed to inhibit V... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 1984
Employees 33
Stock Exchange Australian Securities Exchange
Ticker Symbol OPT
Full Company Profile

Financial Performance

In 2024, Opthea's revenue was $261,859, a decrease of -32.03% compared to the previous year's $385,275. Losses were -$220.24 million, 54.5% more than in 2023.

Financial numbers in USD Financial Statements

News

Opthea Phase 3 Trial Fails To Meet Primary Endpoint, Faces Financial Uncertainty

On Monday, Opthea Limited (NASDAQ: OPT) released results from its global Phase 3 clinical trial COAST in patients with wet age-related macular degeneration (wet AMD) . The trial evaluated the efficac...

1 day ago - Benzinga

Investors fret over clinical trial failure’s hit on Regal funds

Phil King’s investment firm was the largest shareholder in Opthea, the eye treatment play that could become insolvent after a poor medical result.

2 days ago - The Australian Financial Review

Opthea Announces COAST Phase 3 Trial Topline Results

COAST Phase 3 trial failed to meet primary endpoint of mean change in BCVA from baseline to week 52 Opthea considering impact of negative trial results under its Development Funding Agreement and on t...

2 days ago - GlobeNewsWire

ASX 200 LIVE: UBS upgrades FMG; OPT in crisis talks after drug trial fails, shares suspended; sharemarket falls.

Shares fall; UBS neutral on Fortescue; Opthea drug trial spurs crisis talks; MinRes resumes Onslow haulage; James Hardie, Helia drop; $A, gold lower.

2 days ago - The Australian Financial Review

It’s Phil King’s Regal against the shorts at biotech play Opthea

The high-profile stockpicker is the eye disorder treatment hopeful’s biggest shareholder. Ahead of the results of a crucial clinical trial, shorts are rising.

9 days ago - The Australian Financial Review

Opthea Announces Phase 2b Wet AMD Publication

Baseline angiographic lesion characteristics predictive of clinical response Published in peer-reviewed journal Ophthalmic Surgery, Lasers and Imaging Retina MELBOURNE, Australia and PRINCETON, N.J., ...

22 days ago - GlobeNewsWire

Opthea to Present at Oppenheimer Healthcare Conference

MELBOURNE, Australia and PRINCETON, N.J., Feb. 07, 2025 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ:OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel therap...

6 weeks ago - GlobeNewsWire

Opthea Wet AMD Data Featured at Macula Society Meeting

MELBOURNE, Australia, and PRINCETON, N.J., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ:OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel thera...

6 weeks ago - GlobeNewsWire

Opthea to Host Investor Days in New York and Australia

Updates on commercial insights and readiness plans for sozinibercept in wet AMD Opthea management to present in New York City on Tuesday, January 28 at 1:30 PM ET In-person events in Sydney on Februar...

2 months ago - GlobeNewsWire

Opthea to Present at 43rd Annual J.P. Morgan Healthcare Conference

Business update to include masked Phase 3 patient demographics and baseline characteristics Presentation on Wednesday, January 15, 2025, 5:15 PM PT in San Francisco, California MELBOURNE, Australia an...

3 months ago - GlobeNewsWire

Opthea's Wet AMD Program to be Featured at FLORetina 2024

MELBOURNE, Australia, and Princeton, N.J., Nov. 26, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ:OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel thera...

4 months ago - GlobeNewsWire

Opthea Appoints Kathy Connell to Board of Directors

Ms. Connell is a commercial executive with business development expertise Appointment takes place as Opthea prepares for Phase 3 wet AMD topline data in 2025 MELBOURNE, Australia, and PRINCETON, N.J.,...

4 months ago - GlobeNewsWire

Opthea's Wet AMD Program Featured at Ophthalmology Events

17 Congress of the Asia-Pacific Vitreo-Retina Society, November 22 - 24, 2024 Ophthalmology Innovation Summit XIV, November 23, 2024 MELBOURNE, Australia, and PRINCETON, N.J., Nov. 12, 2024 (GLOBE NEW...

4 months ago - Benzinga

Opthea Wet AMD Program to be Presented at Innovate Retina

MELBOURNE, Australia, and Princeton, N.J., Oct. 10, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel ther...

5 months ago - GlobeNewsWire

Opthea appoints Tom Reilly as CFO

Opthea appoints experienced CFO Tom Reilly and chief medical officer Parisa Zamiri as the company prepares for a new phase.

6 months ago - Seeking Alpha

Opthea to Participate in the UBS Virtual Ophthalmology Day 2024

MELBOURNE, Australia and PRINCETON, N.J., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel ther...

6 months ago - GlobeNewsWire

Opthea joins S&P/ASX 300 index

Opthea (OPT) joins the S&P/ASX 300 Index, enhancing its market visibility and potentially attracting more investors.

6 months ago - Seeking Alpha

Opthea Announces Completion of Drug Substance PPQ Campaign Validating Manufacturing Process of Sozinibercept

Three consecutive commercial-scale batches successfully produced Major milestone for potential BLA filing of sozinibercept in wet AMD Progress update of drug product PPQ campaign expected in early 202...

6 months ago - GlobeNewsWire

Opthea to Have Significant Presence at the 24ᵗʰ EURETINA Congress and EURETINA Innovation Spotlight

MELBOURNE, Australia and PRINCETON, N.J., Sept. 10, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel ther...

7 months ago - GlobeNewsWire

Opthea Announces Executive Leadership Changes and Senior Hires

Daniel Geffken appointed Chief Financial Officer ad interim Mike Campbell appointed Chief Commercial Officer Three senior leaders appointed for Biometrics, Clinical Operations and Market Access MELBOU...

7 months ago - GlobeNewsWire

Opthea to Participate in H.C. Wainwright 26th Global Investment Conference and Cantor 2024 Global Healthcare Conference

MELBOURNE, Australia and PRINCETON, N.J., Sept. 03, 2024 (GLOBE NEWSWIRE) -- Opthea Limited (ASX/NASDAQ: OPT, “Opthea”, the “Company”), a clinical-stage biopharmaceutical company developing novel ther...

7 months ago - GlobeNewsWire

Opthea reports FY results

7 months ago - Seeking Alpha