OPT News: Opthea Secures up to US$170 Million in Non-Dilutive Financing for OPT-302 in wet AMD - 15th Aug 2022, 11:01am

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Opthea Limited

Carlyle and its life sciences franchise Abingworth, working with their recently formed development company Launch Therapeutics (Launch Tx), to provide non-dilutive financing of up to US$170M, consisting of a US$120M commitment and an option to increase funding by a further US$50M If OPT-302 is approved in a major market, Carlyle and Abingworth will be eligible to receive fixed success payments and variable success payments of 7% on annual net sales, which terminate after reaching...

>>> Read more: Opthea Secures up to US$170 Million in Non-Dilutive Financing for OPT-302 in wet AMD
 
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