Opthea lays off 65% of staff after back-to-back phase 3 eye disease flops

Opthea’s staff are paying for its clinical failures. Days after back-to-back flops sank an eye disease asset, the biotech revealed plans to lay off 65% of its staff and operate with a skeleton crew to save money.

Apr 10, 2025 - 13:43
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Opthea lays off 65% of staff after back-to-back phase 3 eye disease flops
Opthea’s staff are paying for its clinical failures. Days after back-to-back flops sank an eye disease asset, the biotech revealed plans to lay off 65% of its staff and operate with a skeleton crew to save money.