Opthea
Manufacturing · Australia · 11-50 Employees
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Overview
Headquarters
650 Chapel St L 4, South Yarra, Victoria...Website
www.opthea.comRevenue
<$5 MillionStock Symbol
OPTIndustry
ZI Rank: 1
Signal Type
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ZI Rank
1
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About Opthea
Opthea is a biopharmaceutical company focused on developing innovative therapies to treat vision-threatening eye diseases, particularly wet age-related macular degeneration (AMD) and diabetic macular edema (DME). The company is engaged in pioneering research and clinical trials to improve sight in patients suffering from these conditions. Additionally, Opthea is exploring treatments for lymphangioleiomyomatosis (LAM), a rare disorder with significant unmet medical needs. Their target audience includes patients with retinal diseases and healthcare professionals involved in ophthalmology.Explore more
Opthea Org Chart
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Company Profile Activity
Activity Insights
Opthea is experiencing very low activity levels compared to other companies in the Manufacturing sector.
What does this means?
Opthea is drawing exceptional interest within the Manufacturing industry, suggesting notable developments or strong market momentum, learn more about Opthea.
Opthea financials insights
Gather financial insights about Opthea, including details on funding rounds, investors, total funding, and acquisitions, to gain a comprehensive understanding of their financial strategy.
2020
Stock Offering
$128M
2022
Debt
$170M
2023
Other Financing Round
$85M
Opthea Tech Stack
A closer look at the technologies used by Opthea
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Opthea News & Media
Opthea to lay off 80% of workforce amid executive cuts - Glance by Eyes On Eyecare
Company also announces cuts to Board of Directors as the CEO is among several planned departures beginning in September.Opthea parts with CEO, lays off over 80% of company
The company previously provided an update in April 2025 stating its intention to lay off approximately 65% of the company after the COAST trial failed to meet its primary end point.Australia's Opthea announces 80% headcount reduction, management overhaul
(Reuters) -Australian biopharmaceutical firm Opthea said on Tuesday it has reduced its workforce by over 80% after a streamlining of its operations. The company also said its chief executive and chief financial officers will be departing, following the...
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Opthea is a biopharmaceutical company focused on developing innovative therapies to treat vision-threatening eye diseases, particularly wet age-related macular degeneration (AMD) and diabetic macular edema (DME). The company is engaged in pioneering research and clinical trials to improve sight in patients suffering from these conditions. Additiona... Read More
