Outlook Is The One To Watch After Latest Advancements For Wet-AMD Treatment [Seeking Alpha]
Outlook Therapeutics, Inc. (OTLK)
Last outlook therapeutics, inc. earnings: 2/14 08:00 am
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Source: Seeking Alpha
Outlook Is The One To Watch After Latest Advancements For Wet-AMD Treatment Summary Outlook Therapeutics obtains clearance from FDA to initiate a second phase 3 study using its drug ONS-5010 to treat patients with wet age-related macular degeneration. If ONS-5010 ends up being successful in both late-stage studies to be readout in 2020, then the biotech expects to file for regulatory approval for the drug in multiple markets. The Wet-AMD market is expected to reach $10.4 billion by 2024. Outlook has about $26.4 million cash on hand which is expected to fund its operations into December 2019. Without a partnership or licensing deal it will likely have to raise cash again several months before then. OTLK Roche OTCQX:RHHBY Key Program In Pipeline Advancement The biggest update that caused a large move likely was that the FDA gave clearance for an IND of a second phase 3 study will be a direct comparison to another drug that's given off-label for Wet-AMD Competitors One of the competitors
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News
- Outlook Therapeutics® Announces Closing of Private Placement of $5.0 MillionGlobeNewswire
- Outlook Therapeutics: De-Risked Regulatory Tracks Are Lining Up For Possible ONS-5010 Approval [Seeking Alpha]Seeking Alpha
- Outlook Therapeutics, Inc. (NASDAQ: OTLK) was upgraded by analysts at BTIG Research from a "neutral" rating to a "buy" rating. They now have a $50.00 price target on the stock.MarketBeat
- Outlook Therapeutics, Inc. (NASDAQ: OTLK) had its price target raised by analysts at HC Wainwright from $1.50 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- Outlook Therapeutics stock jumps on positive EU CHMP opinion for its wet AMD treatment [Seeking Alpha]Seeking Alpha
OTLK
Earnings
- 2/14/24 - Beat
OTLK
Sec Filings
- 4/17/24 - Form SC
- 4/17/24 - Form 4
- 4/16/24 - Form D
- OTLK's page on the SEC website