Ophthotech Corp (OPHT) Reports Large Q1 Profit, Versus Expected Loss

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Ophthotech Reports First Quarter 2015 Financial and Operating Results

May 11, 2015 4:05 PM EDT

- Conference Call and Webcast Today, May 11, 2015, at 5:00 p.m. ET

NEW YORK--(BUSINESS WIRE)-- Ophthotech Corporation (Nasdaq: OPHT) today announced financial results for the first quarter ended March 31, 2015 and provided an update on the Companys business and product development programs.

Recent Highlights

As announced today, Ophthotech has completed patient recruitment in the Companys first Phase 3 trial of Fovista® in combination with Lucentis® (ranibizumab) in wet Age-Related Macular Degeneration (AMD). In addition to announcing this achievement, the Company also provided information... More