Background: Progesterone prophylaxis is widely used to prevent preterm birth but is not licensed and there is little information on long-term outcome., Objective: To determine the effect of progesterone prophylaxis in women at high risk of preterm birth on obstetric, neonatal and childhood outcomes., Design: Double-blind, randomised placebo-controlled trial., Setting: Obstetric units in the UK and Europe between February 2009 and April 2013., Participants: Women with a singleton pregnancy who are at high risk of preterm birth because of either a positive fibronectin test or a negative fibronectin test, and either previous spontaneous birth at ≤ 34 weeks +0 of gestation or a cervical length of ≤ 25 mm., Interventions: Fibronectin test at 18 +0 to 23 +0 weeks of pregnancy to determine risk of preterm birth. Eligible women were allocated (using a web-based randomisation portal) to 200 mg of progesterone or placebo, taken vaginally daily from 22 +0 to 24 +0 until 34 +0 weeks' gestation. Participants, caregivers and those assessing the outcomes were blinded to group assignment until data collection was complete., Main Outcome Measures: There were three primary outcomes, as follows: (1) obstetric - fetal death or delivery before 34 +0 weeks' gestation; (2) neonatal - a composite of death, brain injury on ultrasound scan (according to specific criteria in the protocol) and bronchopulmonary dysplasia; and (3) childhood - the Bayley-III cognitive composite score at 22-26 months of age., Results: In total, 96 out of 600 (16%) women in the progesterone group and 108 out of 597 (18%) women in the placebo group had the primary obstetric outcome [odds ratio (OR) 0.86, 95% confidence interval (CI) 0.61 to 1.22]. Forty-six out of 589 (8%) babies of women in the progesterone group and 62 out of 587 (11%) babies of women in the placebo group experienced the primary neonatal outcome [OR 0.72, 95% CI 0.44 to 1.17]. The mean Bayley-III cognitive composite score of the children at 2 years of age was 97.3 points [standard deviation (SD) 17.9 points; n = 430] in the progesterone group and 97.7 points (SD 17.5 points; n = 439) in the placebo group (difference in means -0.48, 95% CI -2.77 to 1.81)., Limitations: Overall compliance with the intervention was 69%., Harms: There were no major harms, although there was a trend of more deaths from trial entry to 2 years in the progesterone group (20/600) than in the placebo group (16/598) (OR 1.26, 95% CI 0.65 to 2.42)., Conclusions: In this study, progesterone had no significant beneficial or harmful effects on the primary obstetric, neonatal or childhood outcomes.The OPPTIMUM trial is now complete. We intend to participate in a comprehensive individual patient-level data meta-analysis examining women with a singleton pregnancy with a variety of risk factors for preterm birth., Trial Registration: Current Controlled Trials ISRCTN14568373., Funding: This trial was funded by the Medical Research Council (MRC) and managed by the National Institute for Health Research (NIHR) on behalf of the MRC-NIHR partnership., Competing Interests: Jane E Norman reports grants from the Medical Research Council (MRC), non-financial support from Besins Healthcare [(London, UK) in the form of donation of drugs for OPPTIMUM] during the conduct of the study, grants from other government bodies, including the National Institute for Health Research (NIHR), grants from Tommy’s baby charity and activity on a Data Safety and Monitoring Committee for GlaxoSmithKline plc (GSK; GSK House, Middlesex, UK) outside the submitted work. She chaired the National Institute for Health and Care Excellence (NICE) guideline development group on preterm labour and birth (the NICE guidelines were finalised before the OPPTIMUM study data were available), provides consultancy for GSK and for Dilafor (Solna, Sweden) and is a member of the Health Technology Assessment (HTA) Women and Children’s Health panel. Neil Marlow reports personal fees from Shire Plc (Dublin, Ireland), personal fees from Novartis International AG (Basel, Switzerland) and other from the NIHR Biomedical Research Centre, outside the submitted work. In addition, funding was obtained from the Department of Health and Social Care’s NIHR Biomedical Research Centre’s funding scheme at University College Hospital/University College London. Claudia-Martina Messow is Consultant Statistician at the Robertson Centre for Biostatistics, which conducts and supports collaborative research in major international multicentre clinical trials, epidemiological studies and other research projects, and was funded from the MRC–NIHR Efficacy and Mechanism Evaluation (EME) grant, which contributed to salary costs for this trial. Andrew Shennan reports grants from GSK and grants and non-financial support from Hologic Inc. (Marlborough, MA, USA) outside the submitted work. Philip R Bennett reports personal fees and grants from ObsEva Pharmaceuticals (Geneva, Switzerland), personal fees and grants from GSK and other from NIHR Biomedical Research Centre, outside the submitted work; In addition, he has a patent issued for microRNA markers to predict cervical shortening and preterm birth. Steven Thornton reports grants, personal fees and non-financial support from GSK, grants and non-financial support from Hologic, non-financial support from Ferring Pharmaceutical (Saint-Prex, Switzerland) and other from NIHR, outside the submitted work. John Norrie reports grants from the University of Glasgow and the University of Aberdeen. From 2010 to 2016, he was a member of the NIHR Health Technology Assessment (HTA) Commissioning Board. From 2015 to date, he is a member of the NIHR Journal Editorial Library and, from 2016 to date, he is Deputy Chair of the NIHR HTA General Board.