Opthea (ASX:OPT) said it initiated a development program to investigate its OPT-302 treatment candidate for potentially treating lymphangioleiomyomatosis, starting with evaluating the feasibility of nebulizing the OPT-302 formulation, according to a Friday Australian bourse filing.
The company said that the final delivery path for OPT-302 is expected to be determined by data from large-animal models and early human studies.
It also plans to seek reinstatement of its securities to quotation on the Australian Securities Exchange without a public offer.