Reported Earlier, Opthea Secures Funding Path With A$227M Capital Raise Aimed At Accelerating Wet AMD Therapeutic Trials
Portfolio Pulse from Benzinga Newsdesk
Opthea has secured A$227 million in capital to accelerate its therapeutic trials for Wet AMD. This funding is expected to expedite the development and potential market entry of their treatments.
June 12, 2024 | 6:50 am
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Opthea has raised A$227 million to accelerate its Wet AMD therapeutic trials. This funding is likely to expedite the development and potential market entry of their treatments, which could positively impact the company's revenue and stock price.
The significant capital raise of A$227 million will allow Opthea to accelerate its therapeutic trials for Wet AMD. This could lead to faster development and market entry, positively impacting the company's revenue and stock price.
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