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Ocugen Inc - OCGN STOCK NEWS

Welcome to our dedicated page for Ocugen news (Ticker: OCGN), a resource for investors and traders seeking the latest updates and insights on Ocugen stock.

Ocugen Inc. (OCGN) is a clinical-stage biopharmaceutical company pioneering gene therapies for retinal diseases and innovative vaccine platforms. This dedicated news hub provides investors and researchers with timely updates on Ocugen’s scientific advancements, regulatory milestones, and strategic initiatives.

Access verified press releases and curated financial news covering clinical trial developments, partnership announcements, and corporate updates. Our repository includes updates on modifier gene therapy programs for conditions like retinitis pigmentosa, inhaled vaccine research, and ocular disorder treatments undergoing regulatory review.

Key content categories include progress reports on Phase I-III trials, FDA designations, intellectual property updates, and financial performance summaries. Bookmark this page for streamlined tracking of OCGN’s advancements in gene editing technologies and mucosal vaccine development.

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Ocugen reported Q2 2022 financial results, highlighting significant milestones in its clinical programs. The Phase 2/3 COVAXIN™ trial is progressing, with positive data published supporting its use in children. The company's OCU400 gene therapy trial has completed dosing for Cohort 1, with plans to advance to Cohort 2. Ocugen introduced NeoCart®, a Phase 3-ready cell therapy, and received FDA's Regenerative Medicine Advanced Therapy designation. Financially, the company holds $115 million in cash, projecting operational funding into Q2 2023, despite a net loss of $0.09 per share.

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Ocugen, a biotechnology company, has announced a conference call on August 5, 2022, at 8:30 a.m. ET to discuss its second quarter 2022 financial results. A pre-market earnings announcement will also be issued on that day. Investors can participate via dial-in or webcast. The company is focused on developing novel gene and cell therapies and vaccines, aiming to improve health outcomes globally. Ocugen is advancing a breakthrough therapy platform for retinal diseases and is researching treatments for infectious and orthopedic diseases.

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Ocugen announced positive results from a Phase 2/3 pediatric study of COVAXIN™ (BBV152) for COVID-19, demonstrating safety and efficacy in children aged 2-18. The study involved 526 participants who received two doses 28 days apart, showing superior immunogenicity compared to adults. COVAXIN™ is already authorized for emergency use in Mexico for adults, and Ocugen is pursuing pediatric authorization there. The favorable data published in The Lancet Infectious Diseases supports Ocugen’s plans to commercialize COVAXIN™ in North America, catering to demand for traditional vaccines.

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Ocugen, a biotechnology company based in Malvern, Pennsylvania, has been recognized by the Philadelphia Business Journal as one of the “2022 Best Places to Work.” This accolade highlights Ocugen's commitment to fostering a positive corporate culture, as determined by employee feedback. Dr. Shankar Musunuri, the CEO, emphasized the importance of this recognition in promoting the company’s mission to innovate health solutions. The awards ceremony for winners in various categories will take place on July 28, 2022.

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Ocugen (NASDAQ: OCGN) announced the issuance of U.S. Patent No. 11,351,225 on June 7, 2022, enhancing its gene therapy intellectual property portfolio. This patent covers methods for preventing and treating retinal degenerative diseases, including retinitis pigmentosa and age-related macular degeneration, using specific nuclear hormone receptor genes. The patent, set to expire in March 2034, validates Ocugen's modifier gene therapy platform and strengthens its global patent position.

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MALVERN, Pa., June 9, 2022 – Ocugen (NASDAQ: OCGN) announced that Michael Shine, VP of Commercial, will present at the 2022 BIO International Convention in San Diego from June 13-16, 2022. The presentation is set for June 13 at 4:45 p.m. PT, focusing on Ocugen’s clinical pipeline, including its COVID-19 vaccine candidate, COVAXIN™, modifier gene therapy programs, and new cell therapy program, NeoCart®. Ocugen aims to develop innovative therapies to address unmet medical needs and improve global health.

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Ocugen, Inc. (NASDAQ: OCGN) announced that its NeoCart® therapy has received Regenerative Medicine Advanced Therapy (RMAT) designation from the FDA, aiming to expedite development for knee cartilage repair in adults. This innovative cell therapy, a 3D-engineered cartilage product, could potentially prevent osteoarthritis by rebuilding damaged knee cartilage. Developed originally by Histogenics, NeoCart® represents a significant step in Ocugen's regenerative medicine pipeline as they prepare for Phase 3 clinical trials.

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Ocugen announced that Dr. Shankar Musunuri, the company's Chairman and CEO, will participate in a fireside chat at the H.C. Wainwright Global Investment Conference on May 24, 2022, at 1:30 PM ET in Miami Beach, Florida. The event focuses on the company's innovative gene therapies and vaccines aimed at improving health outcomes. Interested parties can register to watch the chat virtually. A replay will be available on the Investor’s section of the Ocugen website starting on May 24 for 90 days.

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Ocugen, Inc. announces the lifting of the clinical hold by the U.S. FDA on its Phase 2/3 trial for COVAXIN™ (BBV152), a COVID-19 vaccine candidate. Dosing will resume immediately, affirming Ocugen's commitment to providing differentiated vaccine options. The vaccine has been administered over 350 million times globally, approved in India, and authorized in 25 countries. Further emergency use applications are pending in 60 others. Ocugen aims to advance this critical vaccine's development in the U.S., Canada, and Mexico amidst ongoing global demand.

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Ocugen, Inc. (NASDAQ: OCGN) reported its first quarter 2022 results, indicating a cash position of $129.9 million, up from $95.1 million in Q4 2021. Significant milestones include the Phase 1/2 trial for OCU400, with the first patient dosed in March and a second in May. The company expanded its COVAXIN™ marketing rights to cover all of North America, including Mexico. R&D expenses rose to $7.9 million from $2.9 million year-over-year. The net loss was $0.09 per share, compared to $0.04 last year. A conference call is scheduled for further discussion.

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Nasdaq:OCGN

OCGN Rankings

OCGN Stock Data

198.39M
288.29M
1.27%
24.84%
21.81%
Biotechnology
Biological Products, (no Disgnostic Substances)
Link
United States
MALVERN