Ocugen Chief Scientific Officer to Present at 2023 World Vaccine Congress

Rhea-AI Summary

Ocugen, a biotechnology firm focused on gene therapies, announced that Chief Scientific Officer Dr. Arun Upadhyay will present at the World Vaccine Congress in Washington D.C. on April 5, 2023. He will showcase Ocugen's innovative inhaled vaccine technology aimed at combating COVID-19 and influenza, addressing current vaccine limitations. The company is advancing multiple inhaled vaccine candidates, including OCU500 for COVID-19 and OCU510 for seasonal flu, targeting a significant market with over 170 million doses in the USA alone for the 2022-2023 flu season. This cutting-edge approach aims to enhance mucosal immunity and reduce transmission.

MALVERN, Pa., March 31, 2023 (GLOBE NEWSWIRE) -- Ocugen, Inc. (Ocugen or the Company) (NASDAQ: OCGN), a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines, today announced that the Company’s Chief Scientific Officer, Arun Upadhyay, PhD, will present at the World Vaccine Congress being held April 3 – 6 in Washington D.C.

“Current COVID-19 vaccines are limited by a lack of durability and inability to stop infection and transmission,” said Dr. Upadhyay. “Inhaled vaccines have the potential to generate rapid mucosal immunity in respiratory pathways, limiting infection and transmission. I look forward to discussing Ocugen’s inhaled vaccine technology—to address COVID-19 and flu—during the World Vaccine Congress.”

Ocugen is currently developing a novel mucosal vaccine platform that includes OCU500, a bivalent COVID-19 inhaled vaccine; OCU510, a seasonal quadrivalent flu inhaled vaccine; and OCU520, a combination quadrivalent seasonal flu and bivalent COVID-19 inhaled vaccine. The OCU500 series grants Ocugen a distinct product candidate profile status that could significantly impact major global health obstacles and maximize the Company’s opportunity to serve broader patient markets. For the 2022 to 2023 flu season, in the United States alone, more than 50% of the population above six months of age received a seasonal flu shot, representing a market size of more than 170 million doses.

Details on Dr. Upadhyay’s participation are as follows:

Presentation Title: “A next generation inhalation-based mucosal vaccine for COVID-19 and Flu: Potential approach to reduce infection and transmission”
Date: Wednesday, April 5, 2023
Time: 5:40 p.m. ET
Location: Walter E. Washington Convention Center, Washington D.C. – Level 2, Room 203AB

Roundtable Discussion Title: “Going beyond existing limitations – Why mucosal vaccines are essential for respiratory diseases”
Date: Tuesday, April 4, 2023
Time: 11:40 – 12:20 p.m. ET (rotation 1); 12:30 – 1:10 p.m. ET (rotation 2)
Location: Walter E. Washington Convention Center, Washington D.C. – Room 203B

About Ocugen, Inc.
Ocugen, Inc. is a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines that improve health and offer hope for patients across the globe. We are making an impact on patient’s lives through courageous innovation—forging new scientific paths that harness our unique intellectual and human capital. Our breakthrough modifier gene therapy platform has the potential to treat multiple retinal diseases with a single product, and we are advancing research in infectious diseases to support public health and orthopedic diseases to address unmet medical needs. Discover more at www.ocugen.com and follow us on Twitter and LinkedIn.

Cautionary Note on Forward-Looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties. We may, in some cases, use terms such as “predicts,” “believes,” “potential,” “proposed,” “continue,” “estimates,” “anticipates,” “expects,” “plans,” “intends,” “may,” “could,” “might,” “will,” “should,” or other words that convey uncertainty of future events or outcomes to identify these forward-looking statements. Such statements are subject to numerous important factors, risks, and uncertainties that may cause actual events or results to differ materially from our current expectations. These and other risks and uncertainties are more fully described in our periodic filings with the Securities and Exchange Commission (SEC), including the risk factors described in the section entitled “Risk Factors” in the quarterly and annual reports that we file with the SEC. Any forward-looking statements that we make in this press release speak only as of the date of this press release. Except as required by law, we assume no obligation to update forward-looking statements contained in this press release whether as a result of new information, future events, or otherwise, after the date of this press release.

Contact:
Tiffany Hamilton
Head of Communications
IR@ocugen.com

FAQ

What is Ocugen presenting at the World Vaccine Congress on April 5, 2023?

Ocugen will present on its next-generation inhaled vaccines for COVID-19 and flu, highlighting potential advancements in mucosal immunity.

What are the details of Dr. Upadhyay's presentation at the World Vaccine Congress?

Dr. Upadhyay's presentation is titled "A next generation inhalation-based mucosal vaccine for COVID-19 and Flu" and is scheduled for April 5, 2023, at 5:40 p.m. ET.

What inhaled vaccines is Ocugen developing?

Ocugen is developing OCU500 (bivalent COVID-19), OCU510 (quadrivalent flu), and OCU520 (combined flu and COVID-19) inhaled vaccines.

How large is the seasonal flu vaccine market in the USA for 2022-2023?

For the 2022-2023 flu season, over 50% of the US population above six months received a flu vaccine, totaling more than 170 million doses.

Where is the World Vaccine Congress held?

The World Vaccine Congress takes place at the Walter E. Washington Convention Center in Washington D.C.