Eyepoint Pharmac Stock Price, News & Analysis

EyePoint Pharmaceuticals (NASDAQ: EYPT) announced that the American Medical Association accepted a new Category III CPT code (0X78T) for drug administration in the eye, effective January 1, 2022. This code provides a reimbursement pathway for DEXYCU, the first FDA-approved sustained-release intracameral steroid for postoperative inflammation treatment. The approval is seen as a significant step toward increased adoption of DEXYCU, enhancing its market presence and financial prospects.

EyePoint Pharmaceuticals (NASDAQ: EYPT) announced its inclusion in the small-cap Russell 2000® Index and the broader Russell 3000® Index, effective June 28, 2021. This addition reflects the company’s position among approximately 2,000 smaller companies based on market capitalization.

The Russell indexes are critical benchmarks for investment strategies, managing $10.6 trillion in assets. EyePoint focuses on therapeutics for serious eye disorders, leveraging its proprietary Durasert® technology and two commercial products, YUTIQ® and DEXYCU®.

EyePoint Pharmaceuticals (NASDAQ: EYPT) will have CEO Nancy Lurker speak at the Jefferies Healthcare Conference on June 2, 2021, at 9:30 a.m. ET. The session will explore the company's commitment to developing therapies for serious eye disorders, including innovations like EYP-1901, a treatment for wet age-related macular degeneration. Attendees can access a live webcast and a 90-day archive via EyePoint's website. The company also markets YUTIQ and DEXYCU for eye disorder treatments.

EyePoint Pharmaceuticals (NASDAQ: EYPT) announced successful enrollment completion for its Phase 1 trial of EYP-1901, a potential twice-yearly treatment for wet age-related macular degeneration (wet AMD). The trial includes dose escalation for patients previously responsive to anti-VEGF therapies. Interim data is expected in Q4 2021. EYP-1901 employs EyePoint’s Durasert technology for sustained delivery, potentially improving treatment outcomes for patients. The company aims to explore additional applications for EYP-1901, including diabetic retinopathy.

EyePoint Pharmaceuticals (EYPT) reported a productive first quarter of 2021, achieving net product revenues of $6.8 million, a 45% increase from $4.7 million in Q1 2020. The company completed a $115.1 million follow-on financing, enhancing its development pipeline. The Phase 1 DAVIO study for EYP-1901 targeting wet AMD is on track for initial data in Q4 2021. However, total net revenue declined slightly to $7.3 million from $7.5 million year-over-year. The net loss was $12.3 million, or ($0.50) per share, an improvement from a loss of $13.2 million in the same quarter last year.

EyePoint Pharmaceuticals (NASDAQ: EYPT) is set to host a conference call on May 5, 2021, at 8:30 a.m. ET to announce its Q1 2021 financial results and discuss corporate developments. The call will be accessible via phone and a live webcast on the company’s website. EyePoint focuses on therapeutics for serious eye disorders, utilizing its Durasert® technology for sustained drug delivery. Its commercial products include YUTIQ® for chronic uveitis and DEXYCU® for postoperative inflammation.

EyePoint Pharmaceuticals (EYPT) reported financial results for Q4 and the full year ended December 31, 2020. Total net revenue increased to $34.4 million, up from $20.4 million in 2019. Net product revenue for the year was $20.8 million, compared to $16.8 million in the prior year. However, the company incurred a net loss of $45.4 million, or $3.54 per share. EyePoint raised $115.1 million through a public stock offering in February 2021, strengthening their financial position. They also highlighted progress in their EYP-1901 clinical trial for wet AMD.

EyePoint Pharmaceuticals (NASDAQ: EYPT) is set to present at two upcoming virtual conferences in March 2021. The first event is the Cowen Healthcare Conference on March 3, from 2:40-3:10 PM Eastern Time, featuring a fireside chat. The second event is the H.C. Wainwright Global Life Sciences Conference on March 9, at 7:00 AM Eastern Time, with a formal presentation. Investors can access a live webcast and archived replay on the company’s website for 90 days post-event. EyePoint focuses on therapeutics for serious eye disorders, leveraging Durasert® technology and offering products like YUTIQ® and DEXYCU®.

EyePoint Pharmaceuticals, Inc. (NASDAQ: EYPT) will hold a conference call on March 4, 2021, at 8:30 a.m. ET to discuss its full year 2020 financial results and recent business highlights. The call can be accessed by dialing (877)-312-7507 or (631)-813-4828 with conference ID 1261618. The company focuses on developing therapeutics for serious eye disorders, leveraging Durasert® technology for sustained drug delivery. EyePoint has two commercial products: YUTIQ® and DEXYCU®.