Welcome to our dedicated page for Ocular Therapeutix news (Ticker: OCUL), a resource for investors and traders seeking the latest updates and insights on Ocular Therapeutix stock.
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 (NASDAQ: OCUL) has announced its participation in the UBS Virtual Opthalmology Day 2024. The event will feature a fireside chat with Pravin U. Dugel, MD, Executive Chairman, President and CEO of Ocular, scheduled for Wednesday, October 2, 2024, at 3:00 PM ET.
The company, which focuses on developing innovative therapies for retinal diseases and other eye conditions, will also host investor meetings during the conference. Interested parties can access a live webcast of the fireside chat through the Investors section of Ocular's website at investors.ocutx.com.
This participation underscores Ocular Therapeutix's commitment to engaging with the investment community and sharing insights about its efforts to improve vision through advanced therapeutics.
Ocular Therapeutix (NASDAQ: OCUL), a biopharmaceutical company focused on developing therapies for retinal diseases and eye conditions, has announced inducement awards for its newly appointed Director of IT Cybersecurity, Russell Isaacs. The awards, granted under Ocular's 2019 Inducement Stock Incentive Plan, include:
1. Non-statutory stock options: 14,000 shares at market price, vesting over four years
2. Restricted stock unit awards: 4,666 shares, vesting over three years
These equity awards are designed to incentivize Mr. Isaacs' employment with Ocular and are subject to his continued service with the company. The grants comply with Nasdaq Listing Rule 5635(c)(4) and were effective as of September 9, 2024.
Ocular Therapeutix (NASDAQ: OCUL) announces multiple presentations at four major retina meetings in Portugal and Spain this September. The presentations focus on their innovative therapies for retinal diseases, particularly the axitinib hydrogel implant (OTX-TKI) for treating neovascular age-related macular degeneration (AMD) and diabetic retinopathy.
Key presentations include:
- 52-week results of OTX-TKI in AMD patients at The Retina Society meeting
- One-year results of OTX-TKI in diabetic retinopathy from the HELIOS Phase 1 trial
- Panel discussions on novel drug delivery approaches for posterior segment diseases
- 48-week safety and efficacy results from the HELIOS trial for non-proliferative diabetic retinopathy
These presentations highlight Ocular's transformation into a retina-focused company and its efforts to change the future paradigm for managing retinal vascular diseases.
Ocular Therapeutix (NASDAQ: OCUL), a biopharmaceutical company focused on improving vision through innovative therapies, has announced its participation in two upcoming investor conferences in September 2024. The company will be present at:
1. The Baird 2024 Global Healthcare Conference on Tuesday, September 10, with a fireside chat scheduled for 12:50 PM ET in New York, NY.
2. The H.C. Wainwright 26th Annual Global Investment Conference on Wednesday, September 11, featuring a fireside chat at 8:30 AM ET, also in New York, NY.
Investors can access a live webcast of the H.C. Wainwright fireside chat through the Investors section of Ocular Therapeutix's website at investors.ocutx.com.
Ocular Therapeutix (NASDAQ: OCUL), a biopharmaceutical company focused on improving vision through innovative therapies, has announced the granting of inducement awards to four newly hired employees. These awards, made under Ocular's 2019 Inducement Stock Incentive Plan, include:
1. Non-statutory stock options to purchase up to 132,400 shares of Ocular's common stock, with a ten-year term and a four-year vesting schedule.
2. Restricted stock unit awards representing the right to receive 44,133 shares of Ocular's common stock, with a three-year vesting schedule.
The grants, effective August 5, 2024, are designed to incentivize new employees and comply with Nasdaq Listing Rule 5635(c)(4).
Ocular Therapeutix (NASDAQ: OCUL) reported Q2 2024 results and provided updates on its AXPAXLI™ wet AMD program. Key highlights include:
1. FDA confirmed SOL-R repeat dosing study is acceptable as a registrational trial
2. SOL-1 enrollment accelerating; SOL-R actively enrolling patients
3. Cash balance of $459.7M as of June 30, 2024, expected to fund operations into 2028
4. Q2 2024 total net revenue: $16.4M, up 8.3% YoY
5. Full-year 2024 DEXTENZA revenue guidance: $62.0M - $67.0M
6. Q2 2024 net loss: $(43.8M) or $(0.26) per share
The company remains focused on becoming a leader in retinal disease treatment, with promising progress in its AXPAXLI clinical trials for wet AMD and NPDR.
Ocular Therapeutix (NASDAQ: OCUL) has received FDA confirmation that its Phase 3 SOL-R clinical trial is suitable as a registrational study for AXPAXLI™ (axitinib intravitreal implant) in treating wet age-related macular degeneration (wet AMD). The FDA agreed that using one superiority study (SOL-1) and one non-inferiority study (SOL-R) is acceptable for a potential New Drug Application. SOL-R evaluates repeat dosing of AXPAXLI every six months compared to standard aflibercept treatment. This development clarifies the regulatory path for AXPAXLI in wet AMD, potentially offering a new treatment paradigm with long-term visual improvements through durable VEGF suppression.
Ocular Therapeutix (NASDAQ:OCUL), a biopharmaceutical company focused on developing innovative therapies for retinal diseases and other eye conditions, has announced its plans to host a conference call and webcast on August 7, 2024, at 8:00 AM ET. The event will cover recent business progress and financial results for the second quarter ended June 30, 2024.
Participants can join the call using the following details:
- U.S. Dial-In: 1 (800) 343-4136
- International Dial-in: 1 (203) 518-9843
- Conference ID: OCULAR
Ocular Therapeutix (NASDAQ: OCUL) has initiated patient enrollment in the Phase 3 SOL-R clinical trial for AXPAXLI™, evaluating its efficacy in treating wet age-related macular degeneration (wet AMD). This global study involves 825 patients and aims to demonstrate non-inferiority of AXPAXLI dosed every six months compared to 2 mg aflibercept dosed every eight weeks. The trial includes a third arm with 8 mg aflibercept dosed every six months for masking purposes.
SOL-R complements the ongoing SOL-1 trial, focusing on repeat dosing to reflect real-world treatment scenarios. It will initially enroll patients ineligible for SOL-1, later expanding to include treatment-naïve patients or those recently diagnosed with wet AMD. The study design incorporates multiple aflibercept loading doses and evaluates patients to limit retinal fluid fluctuations, potentially increasing the likelihood of success.
Ocular Therapeutix (NASDAQ:OCUL), a biopharmaceutical company focused on developing therapies for eye diseases, has announced inducement awards for its new Senior Vice President and Chief of Staff, Chad Clatterbaugh. The awards, granted under Ocular's 2019 Inducement Stock Incentive Plan, include:
1. A non-statutory stock option to purchase 110,000 shares of Ocular's common stock, vesting over four years.
2. A restricted stock unit award for 36,666 shares, vesting over three years.
These awards are designed to incentivize Mr. Clatterbaugh's employment and are subject to his continued service with Ocular. The grants comply with Nasdaq Listing Rule 5635(c)(4) and were effective as of July 12, 2024.