Ocular Therapeut Stock Price, News & Analysis

Ocular Therapeutix (NASDAQ:OCUL) announced its participation in the ARVO Annual Meeting featuring presentations on key programs, notably OTX-TKI for wet AMD and OTX-TIC for glaucoma, with advances towards Phase 2 clinical trials. Presentations include safety studies of corticosteroids post-cataract surgery and pharmacokinetics of various hydrogel-based implants. The FDA has set a PDUFA date of October 18, 2021, for DEXTENZA to treat allergic conjunctivitis, enhancing its market potential. The company's hydrogel technology aims to provide innovative treatments for eye diseases.

Ocular Therapeutix (Nasdaq: OCUL) will announce its first quarter financial results on May 5, 2021, followed by a live conference call at 4:30 p.m. ET. The management team will discuss the financial performance and business updates. Investors can access the webcast on the company's website or call in using provided numbers. The company is focused on developing innovative eye therapies, including its FDA-approved product DEXTENZA, which is set for additional indication review on October 18, 2021.

Ocular Therapeutix (NASDAQ:OCUL) reported its financial results for Q4 2020, highlighting significant commercial and clinical advancements. DEXTENZA® sales exceeded 14,000 units, marking over 40% sequential growth. The company showcased promising interim data from Phase 1 trials of OTX-TKI and OTX-TIC, indicating favorable safety and preliminary effectiveness. Additionally, a Phase 2 trial for OTX-DED was initiated. DEXTENZA's Q4 net revenue reached $6.9 million, a 28% increase from Q3, bolstered by rising surgical volumes and new account growth. The FDA set a PDUFA date of October 18, 2021, for DEXTENZA's sNDA review.

Ocular Therapeutix (Nasdaq: OCUL) announced that the FDA has accepted its supplemental New Drug Application (sNDA) for DEXTENZA (dexamethasone ophthalmic insert) 0.4 mg to treat ocular itching from allergic conjunctivitis. The action date is set for October 18, 2021. If approved, this indication would expand DEXTENZA's use beyond post-surgical inflammation and potentially tap into a market of 10 million patients annually in the U.S. The company emphasizes that DEXTENZA offers a preservative-free method for steroid delivery, addressing significant medical needs.

Ocular Therapeutix, Inc. (NASDAQ: OCUL) has initiated dosing in its Phase 2 clinical trial of OTX-DED, a dexamethasone ophthalmic insert, aimed at treating dry eye disease. This trial will evaluate two formulations in approximately 150 subjects. OTX-DED is designed to offer effective treatment without preservatives that can cause ocular surface toxicities. The dry eye market is valued at around $5 billion globally, presenting significant commercial potential. This study marks a critical step in the company's efforts to address the unmet needs in dry eye management.

Ocular Therapeutix, Inc. (Nasdaq: OCUL) will report its fourth quarter and year-end financial results on March 11, 2021. The management team will hold a live conference call and webcast at 4:30 p.m. Eastern Time to discuss the results and provide a business update. Ocular Therapeutix is known for developing innovative therapies for eye conditions, including the FDA-approved DEXTENZA for treating post-surgical inflammation and pain. The company is advancing multiple products through clinical trials, including treatments for dry eye disease and retinal diseases.

Ocular Therapeutix, Inc. (Nasdaq: OCUL) will participate in three upcoming conferences. The Cowen 41st Annual Health Care Conference will be on March 1, 2021, with a fireside chat at 12:30 PM ET. The Raymond James 42nd Annual Institutional Investors Conference is set for March 3, 2021, at 9:10 AM ET. The H.C. Wainwright Global Life Sciences Conference occurs on March 9-10, 2021, with a pre-recorded presentation available on March 9 at 7:00 AM ET. Investors can access webcasts and presentations via the company's investor website.

Ocular Therapeutix (NASDAQ: OCUL) announced it will present data from its Phase 1 clinical trial of OTX-TKI, an axitinib intravitreal implant aimed at treating wet AMD, at the Angiogenesis, Exudations, and Degeneration Meeting on February 12-13, 2021. The interim data suggests a favorable safety profile and potential efficacy for OTX-TKI in patients, indicating durability in effects lasting up to six months. Presentation details include time and presenter information, highlighting the significance of the findings for future treatment options in retinal diseases.

Ocular Therapeutix (NASDAQ:OCUL) announced the granting of stock options to a new employee, Dr. Rabia Gurses Ozden, comprising 100,000 shares with time-based vesting and 50,000 shares with performance-based vesting. The options, effective February 1, 2021, have an exercise price of $18.70 per share, matching the closing price on that date. The time-based option vests over four years, while the performance-based option is contingent on achieving specific company milestones. This grant was approved by independent directors as an inducement for Dr. Ozden's employment.