OPT101

A Non-Glucose-Based Breakthrough for Peritoneal Dialysis

Designed to address long-standing limitations in current dialysis treatment.

Designed for

  • Reduced metabolic burden
  • Consistent performance
  • Extended treatment duration
  • Personalized therapy options

An opportunity to redefine

The first innovation of its kind in over 30 years

Peritoneal dialysis has relied on the same core approaches for decades. OPT101 introduces a fundamentally new solution that is designed to improve chronic kidney disease (CKD) therapy.

  • Reduces metabolic stress and insulin spikes

  • Consistent fluid removal across all dwells

  • Suitable for diabetic patients — 45% of the PD population, as well as being designed to prevent CKD patients from becoming diabetic while on treatment.

  • Consistent performance across day and night treatments

  • Removes the need for glucose-based osmotic agents

Patient living freely

A large and growing market with limited innovation

Peritoneal dialysis represents a growing global market, driven by rising chronic disease and increasing demand for home-based treatment. Despite this, innovation has remained limited.

  • $10B

    Market

    PD represents a $10B market today

  • $16B

    by 2030

    Projected to grow to $16B by 2030

  • +30

    Years with no innovation

    This is the first innovation of its kind in more than 30 years

A growing global market

Clinical Trials

Every new therapy goes through a series of well-defined clinical stages. OPT101 is moving through this pathway with a clear plan and strong scientific foundations.

  1. Preclinical

    Safety and performance demonstrated in accepted models.

  2. CTA Submitted

    Regulatory application filed to begin first-in-human studies in Europe.

  3. Phase 1

    Current StageSPARC — It's time to talk PD

    Last patient last visit completed! Our first study in humans focuses on safety and tolerability. A small group of participants received OPT101 to confirm it behaves as expected and is well-tolerated.

  4. Phase 2

    After establishing safety, we evaluate how well OPT101 performs — identifying the optimal dose, measuring effectiveness, and providing the first clear signals of clinical benefit. A major value inflection point.

  5. Phase 3

    Large, multi-country studies confirm safety and effectiveness in a broad patient population. Positive Phase 3 results support regulatory approval and market entry.

Why Invest in Opterion

A differentiated opportunity in renal care

  • Kidney disease affects 850M+ people worldwide and is the 3rd fastest-growing cause of death, yet treatment has barely evolved in decades.

  • OPT101 removes glucose from the core of peritoneal dialysis — addressing the root cause of metabolic stress that limits current therapies.

  • A robust and defensible intellectual property position protects the innovation and its commercial potential.

  • Built on well-understood mechanisms and validated in accepted preclinical models, de-risking the path to the clinic.

  • A scalable, home-based model that improves outcomes while lowering the cost burden on healthcare systems.

  • Clear strategic interest from dialysis incumbents and pharma, offering several routes to liquidity.

  • An experienced team with a history of building and delivering breakthrough medical innovations.