Outlook Therapeutics Drives Innovation in Eye Disease Treatment

Author: Lucas Young Updated: 09-13-2024 09:15 AM

Outlook Therapeutics Participates in Important Eye Health Conference

ISELIN, N.J. – Outlook Therapeutics, Inc. (Nasdaq: OTLK), a pioneering biopharmaceutical company, has actively engaged in the 2nd Annual Chardan Virtual Ophthalmology Conference Series. This event is critical as it focuses on age-related macular degeneration (AMD) and diabetes-related ocular diseases, bringing together industry leaders aiming to address serious eye health challenges.

The Focus of the Conference

This year's conference highlighted eight innovative companies, each presenting their unique approaches to treating debilitating eye conditions, particularly AMD, a major cause of vision loss in adults. Outlook Therapeutics had a significant presence at the conference, with its President and CEO, Russell Trenary, along with Lawrence Kenyon, the Chief Executive Officer, participating thoroughly. Their insights were shared during a fireside chat led by Daniil Gataulin, PhD, a Senior Research Analyst from Chardan.

Fireside Chat Highlights

The fireside chat offered an in-depth look at Outlook Therapeutics’ mission and the cutting-edge solutions they are developing. With a focus on their recently approved ophthalmic formulation of bevacizumab, known as LYTENAVA™ (bevacizumab gamma), the discussion emphasized the company’s commitment to addressing unmet needs in retinal disease treatment.

About LYTENAVA™ (bevacizumab gamma)

LYTENAVA™ represents a groundbreaking advancement as the first ophthalmic formulation of bevacizumab granted marketing authorization by regulatory bodies in the EU and the UK. This formulation is anticipated for commercial release in these regions in early 2025, marking a significant milestone in the treatment of wet AMD.

Clinical Trials and Future Developments

In the United States, LYTENAVA™ is still undergoing evaluation as part of an ongoing non-inferiority study aimed at proving its efficacy compared to existing treatments for wet AMD. Depending on the success of this trial, Outlook Therapeutics may seek to resubmit a Biologics License Application (BLA) to the FDA, potentially leading to the first approved ophthalmic formulation of bevacizumab for retinal indications in America. This advancement would pave the way for new treatment options for patients suffering from wet AMD.

Investor Relations and Future Communication

As Outlook Therapeutics continues its mission to improve ocular health, investor inquiries are crucial for fostering a transparent communication channel. Investors can reach out to Jenene Thomas, the Chief Executive Officer of JTC Team, LLC, for any inquiries related to the company's initiatives. She can be contacted at 833.475.8247 or via email at OTLK@jtcir.com.

Frequently Asked Questions

What is Outlook Therapeutics known for?

Outlook Therapeutics is focused on developing and commercializing innovative treatments for retinal diseases, including its leading product, LYTENAVA™.

What is the significance of the 2nd Annual Chardan Virtual Ophthalmology Conference?

This conference fosters collaboration among industry leaders to address advancements and treatments specifically for age-related macular degeneration and similar ocular diseases.

When is LYTENAVA™ expected to launch in the EU and UK?

The commercial launch of LYTENAVA™ is anticipated in the first half of calendar year 2025, marking a crucial addition to AMD treatment options.

How does LYTENAVA™ compare to other treatments?

LYTENAVA™ is the first ophthalmic formulation of bevacizumab approved in Europe for wet AMD, representing unique treatment efficacy yet to be matched by other products in this category.

How can investors get in touch with Outlook Therapeutics?

Investors can contact Jenene Thomas at JTC Team, LLC, at 833.475.8247 or email OTLK@jtcir.com for inquiries related to company performance and initiatives.

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