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NEW YORK, Sept. 25, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of Ophthotech Corp. (Nasdaq:OPHT), a biotechnology company focused on the development of innovative therapeutics to treat diseases of the eye, commenced on The NASDAQ Stock Market on September 25, 2013.
Ophthotech is a biopharmaceutical company specializing in the development of novel therapeutics to treat diseases of the eye. The company's most advanced product candidate is Fovista™ anti-PDGF therapy, which it is developing for use in combination with anti-VEGF drugs that represent the standard of care for the treatment of wet age-related macular degeneration. Wet age-related macular degeneration is the leading cause of blindness in patients over the age of 55 in the United States and the European Union.
"NASDAQ OMX looks forward to a continued partnership with Ophthotech and its shareholders," said Nelson Griggs, Senior Vice President, NASDAQ OMX Corporate Client Group.
Ophthotech joins a variety of cutting-edge biotechnology companies that call NASDAQ OMX home. NASDAQ has been the exchange of choice to 100 percent of biotechnology companies that have listed on the U.S. markets year-to-date in 2013.
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