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Ocular Therapeutix, Inc. (NASDAQ: OCUL) is a biopharmaceutical company dedicated to enhancing vision and quality of life through the development, manufacturing, and commercialization of innovative ocular therapies. The company employs its proprietary hydrogel-based formulation technology to address various diseases and conditions affecting the eye.
The company's lead product, DEXTENZA® (dexamethasone insert), an FDA-approved corticosteroid, is designed for intracanalicular use to treat ocular inflammation and pain following ophthalmic surgery and ocular itching due to allergic conjunctivitis. DEXTENZA delivers dexamethasone to the ocular surface for up to 30 days without preservatives, resorbing naturally, eliminating the need for removal.
Ocular Therapeutix’s pipeline includes several promising candidates. OTX-TIC (travoprost intracameral implant) is in Phase 2 trials for treating open-angle glaucoma and ocular hypertension. Another key candidate is AXPAXLI™ (axitinib intravitreal implant), currently in Phase 3 trials for wet age-related macular degeneration (AMD) and Phase 1 trials for non-proliferative diabetic retinopathy (DR). The company also has OTX-CSI (cyclosporine intracanalicular insert) and OTX-DED (dexamethasone intracanalicular insert) for dry eye disease.
Recently, Ocular Therapeutix announced positive Phase 1 results for AXPAXLI in diabetic retinopathy, accelerating its development to Phase 3. Moreover, recent strategic changes include the appointment of Dr. Pravin U. Dugel as the CEO, aiming to transform the company into a leading retina-focused biopharmaceutical entity.
Ocular Therapeutix has secured significant partnerships and funding to support the clinical development of its robust pipeline. These include a licensing agreement with AffaMed Therapeutics for the commercialization of DEXTENZA in Greater China and ASEAN markets.
Follow Ocular Therapeutix for the latest updates on their innovative pipeline and corporate developments via their website, LinkedIn, and Twitter.
Ocular Therapeutix, Inc. (NASDAQ: OCUL) announced two scientific presentations at the ASGCT 25th Annual Meeting, highlighting the potential of its hydrogel platform for gene therapy delivery in ophthalmic conditions. Presentations include advancements in controlled release of adeno-associated virus (AAV) and hydrogel implant development. Ocular Therapeutix's leading product, DEXTENZA®, is FDA-approved for ocular inflammation and pain. The company is advancing various clinical trials, including OTX-TKI for wet AMD and OTX-TIC for glaucoma.
Ocular Therapeutix (NASDAQ: OCUL) announced it will report its first quarter financial results for the period ending March 31, 2022, on May 9, 2022. Following the earnings release, the management team will host a conference call at 4:30 PM ET to discuss the financial results and provide a business update. Investors can access the live webcast via the company’s investor section of its website. Ocular Therapeutix focuses on developing innovative therapies for eye diseases, including its FDA-approved product DEXTENZA®.
Ocular Therapeutix (NASDAQ:OCUL) announced its participation in the ARVO Annual Meeting from May 1-4 in Denver, presenting key clinical and pre-clinical data from its eye disease therapies. The company highlighted its hydrogel platform's potential to enhance treatment efficacy and reduce complexities in managing eye diseases. Notable presentations include results on OTX-DED for dry eye disease and OTX-TKI for retinal diseases. The company remains optimistic about advancing its pipeline and addressing unmet medical needs in ophthalmology.
Ocular Therapeutix (NASDAQ:OCUL) announced a strong presence at the 2022 American Society of Cataract and Refractive Surgery (ASCRS) Annual Meeting. The company showcased updates on DEXTENZA, an FDA-approved treatment for ocular inflammation and allergic conjunctivitis, along with the OTX-DED for dry eye disease. Multiple presentations highlighted the efficacy of these therapies, underscoring the potential of Ocular Therapeutix's hydrogel technology to address unmet needs in ophthalmic care. The meeting is set for April 22-26, 2022, in Washington, D.C.
AffaMed Therapeutics announced the approval of DEXTENZA in Macau, China, for treating ocular inflammation and pain post-ophthalmic surgery. This approval follows a licensing agreement with Ocular Therapeutix (NASDAQ: OCUL) for its development in Greater China, South Korea, and some ASEAN markets. DEXTENZA is already FDA-approved for similar indications in the U.S. The product is notable as the first sustained-release intracanalicular insert in Macau, allowing for a preservative-free dose of dexamethasone for 30 days with a single administration. Future expansion of indications is planned.
Ocular Therapeutix, Inc. (NASDAQ:OCUL) announced that CEO Antony Mattessich will participate in a fireside chat at the Cowen 42nd Annual Healthcare Conference on March 9, 2022, at 9:10 AM EDT. The management team will also hold investor meetings during the event. Interested investors can schedule meetings through their Cowen representatives. A live webcast of the presentation will be available on the company's website. Ocular Therapeutix specializes in innovative therapies for eye conditions, including its FDA-approved product, DEXTENZA, and its ongoing clinical trials for various ophthalmic treatments.
Ocular Therapeutix reported Q4 2021 financial results, highlighting net sales of DEXTENZA® at $12.2 million, a 77% year-over-year increase, despite challenges from the Omicron variant. The establishment of a dedicated business unit for DEXTENZA aims to enhance its market presence. The company also completed enrollment for the U.S. clinical trial of OTX-TKI, with data expected in late 2022. Overall, net loss narrowed to $(3.9 million) from $(85.6 million), reflecting improved financial health.
Ocular Therapeutix, Inc. (Nasdaq: OCUL) will release its fourth quarter and year-end financial results on February 28, 2022, after market close. A live conference call will follow at 4:30 p.m. ET to discuss results and provide business updates. The call can be accessed via their website or through provided phone numbers. The company focuses on innovative eye therapies, including the FDA-approved DEXTENZA®. Their pipeline includes OTX-TKI and OTX-TIC, both in clinical trials for various eye conditions.
Ocular Therapeutix (NASDAQ:OCUL) announced its intention to present data from two Phase 1 clinical trials at upcoming medical meetings. The data on OTX-TKI, an axitinib implant for wet AMD, will be shared at the Angiogenesis Meeting on February 12, 2022. Meanwhile, OTX-TIC, a travoprost implant for glaucoma, will be presented at the Glaucoma360 Meeting on February 11, 2022. The interim data highlighted safety and efficacy, with over 60% of OTX-TKI subjects showing extended activity over six months. The company aims to begin a Phase 2 trial for OTX-TIC soon.
Ocular Therapeutix (NASDAQ:OCUL) has announced the dosing of its first patient in a real-world study in China, evaluating the safety and efficacy of DEXTENZA® (0.4 mg dexamethasone ophthalmic insert) for treating ocular inflammation and pain post-cataract surgery. This trial aims to enroll about 120 patients and assess key endpoints at Days 8 and 14. Ocular entered a licensing agreement with AffaMed Therapeutics in 2020, receiving an upfront payment of $12 million and the potential for up to $91 million in milestone payments. The ophthalmology market in China is valued at $5 billion.