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How Opthea’s $340M Profit Fuels a Bold Pivot to Rare Lung Disease Therapy

8:24am on Monday 2nd of March, 2026 AEDT Biotechnology
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How Opthea’s $340M Profit Fuels a Bold Pivot to Rare Lung Disease Therapy

8:24am on Monday 2nd of March, 2026 AEDT
Key Points
  • H1 2026 profit of A$339.9 million after DFA settlement reversal
  • Strategic pivot to develop OPT-302 targeting rare lung disease LAM
  • CEO transition with Chairman Jeremy Levin assuming leadership
  • Strong cash position supports self-funded early development
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