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Oculis to Present at Upcoming North American Neuro-Ophthalmology Society Annual Meeting

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Oculis (Nasdaq: OCS) will present Phase 2 ACUITY results for Privosegtor at NANOS 2026 on March 23, 2026, highlighting improved low‑contrast visual acuity and neuroprotective structural and biological effects in acute optic neuritis.

The company noted FDA Breakthrough Therapy designation for optic neuritis and said it initiated the PIONEER registrational program, with PIONEER‑1 started in Q4 2025.

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Positive

  • ACUITY Phase 2 showed improved low‑contrast visual acuity
  • Observed neuroprotective structural and biological effects
  • FDA granted Breakthrough Therapy designation for optic neuritis
  • PIONEER registrational program initiated; PIONEER‑1 started Q4 2025
  • Scientific visibility via NANOS 52nd Annual Meeting presentation (Mar 23, 2026)

Negative

  • None.

News Market Reaction – OCS

+2.32%
+2.32% Session close to close

In the Mar 16 session, OCS gained 2.32%, reflecting a moderate positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

This announcement highlights Phase 2 ACUITY data for Privosegtor in optic neuritis, emphasizing impr...
Analysis

This announcement highlights Phase 2 ACUITY data for Privosegtor in optic neuritis, emphasizing improvements in low-contrast visual acuity and neuroprotective effects, and its presentation at the NANOS 52nd Annual Meeting. It follows earlier disclosures about the PIONEER registrational program and prior financings that support development. Investors may track upcoming PIONEER-1 progress, future data readouts, and any use of the existing Form F‑3 covering up to 494,259 warrant shares when assessing long‑term impact.

Key Figures

Registered resale shares: 494,259 shares Currently exercisable warrant: 59,310 shares Warrant exercise price: $12.17 per share +5 more
8 metrics
Registered resale shares 494,259 shares Form F-3 resale registration for warrant shares
Currently exercisable warrant 59,310 shares Portion of warrant currently exercisable under Form F-3
Warrant exercise price $12.17 per share Exercise price for 361,011 warrant shares
Warrant exercise price $18.64 per share Exercise price for 133,248 warrant shares
Max cash from warrant $6,877,246.59 Proceeds if all 494,259 warrant shares exercised for cash
Underwritten shares 4,691,358 shares at $20.25 Underwritten equity offering on October 31, 2025
Registered direct shares 740,740 shares at $20.25 Concurrent registered direct offering on October 31, 2025
Gross proceeds $110.0 million Total gross proceeds from October 2025 equity financings

Historical Context

5 past events · Latest: Mar 11 (Neutral)
Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 11 PDMR equity awards Neutral -0.7% Annual equity incentive awards disclosed for executive committee members.
Mar 06 RSU vesting notice Neutral +1.7% Notifications of RSU vesting and settlement for several company directors.
Mar 05 Annual financial filing Neutral +0.1% Filing of audited 2025 IFRS consolidated financial statements on Form 20-F.
Mar 05 Investor conferences Neutral +0.1% Announcement of March 2026 investor conference participation and pipeline updates.
Mar 04 RSU vesting notice Neutral +0.1% Disclosure of RSU vesting for director Arshad Khanani dated February 28, 2026.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news (financial filings, governance disclosures, conferences) has generally produced minimal price moves, suggesting a history of muted reactions to routine updates.

Recent Company History

Over recent months, Oculis has mainly issued governance and regulatory updates, including multiple notifications of RSU vesting and annual equity awards, plus the filing of 2025 consolidated financial statements on March 5, 2026. It also highlighted its late-stage pipeline and Privosegtor breakthrough designation at investor conferences. Price reactions around these events have been modest, generally within a few percent, indicating limited historical volatility on similar informational announcements compared with today’s move.

Key Terms

placebo-controlled, double-masked, low-contrast visual acuity, retinal ganglion cell, +4 more
8 terms
placebo-controlled medical
""...Randomized, Placebo-Controlled, Double-Masked Trial"."
"Placebo-controlled" describes a testing method where one group receives the actual treatment or intervention, while another group receives a harmless, inactive version called a placebo. This approach helps determine whether the real treatment has genuine effects beyond psychological expectations. For investors, understanding this ensures confidence that reported benefits are real and not influenced by bias or false perceptions.
double-masked medical
""...Placebo-Controlled, Double-Masked Trial"."
Double-masked describes a clinical study setup where neither the people receiving treatments nor the researchers who administer or assess them know who gets the active therapy versus a placebo or comparison. This reduces conscious or unconscious bias and makes results more reliable for regulators and doctors. For investors, double-masked trials carry more credibility—like a taste test where neither the tasters nor the servers know which sample is which—so positive outcomes and approvals are taken more seriously.
low-contrast visual acuity medical
""Improved Low-Contrast Visual Acuity and Reduction in Retinal Ganglion Cell Loss...""
Low-contrast visual acuity is a clinical measure of how well a person can see objects that blend into their background, like reading light-gray print on a slightly darker page or spotting a foggy road sign. It matters to investors because it is often used as an outcome in drug and device trials, influences regulatory approval and labeling, and affects real-world performance and market demand for therapies, diagnostic tools, and vision-related products.
retinal ganglion cell medical
""...Reduction in Retinal Ganglion Cell Loss with Privosegtor in Acute Optic Neuritis""
A retinal ganglion cell is a nerve cell in the back of the eye that collects visual information and sends it to the brain, like a telephone line carrying messages from a camera to a processor. It matters to investors because many eye diseases and experimental treatments aim to protect, repair, or measure these cells; changes in their health are common clinical trial endpoints and can drive regulatory decisions, market value, and adoption of new therapies.
optic neuritis medical
""...Privosegtor in patients with optic neuritis (ON) will focus on...""
Inflammation of the optic nerve that can cause sudden vision loss, blurring, or eye pain, often like a camera lens fogging or an electrical wire briefly losing connection. It matters to investors because optic neuritis can signal safety issues for drugs or devices, affect regulatory approval, drive legal or clinical costs, and influence demand for treatments and diagnostic services—so reports of cases can move stock prices in healthcare and biotech names.
blood brain and retinal barriers medical
""...ability to cross both the blood brain and retinal barriers...""
Specialized physiological “filters” — the blood‑brain barrier and blood‑retinal barrier — are layers of cells that tightly control which molecules and cells can pass from the bloodstream into the brain and the retina, protecting these delicate tissues much like a security checkpoint guards a restricted area. They matter to investors because whether a drug, diagnostic or safety concern can cross or be kept out of these barriers strongly influences development difficulty, regulatory risk, clinical trial design and the commercial potential of treatments for brain or eye diseases.
neuroprotective therapy medical
""...potential to become the first neuroprotective therapy for optic neuritis...""
Neuroprotective therapy are treatments designed to protect nerve cells in the brain and nervous system from injury or decline, aiming to slow or prevent loss of function rather than just relieve symptoms. For investors, these therapies matter because successful products can extend patient independence and reduce long‑term care costs, creating large markets, but they also carry high development risk and long regulatory timelines—think of them as shock absorbers that help fragile systems weather rough roads.
Breakthrough Therapy designation regulatory
""Following Breakthrough Therapy designation from the U.S. Food and Drug Administration...""
A breakthrough therapy designation is a regulatory fast-track given to a drug or treatment that shows early signs of providing a major improvement over existing options for a serious condition. Think of it as a VIP lane that can speed up development and more intensive guidance from regulators, which matters to investors because it can shorten time to market, reduce development risk and potentially increase a company’s value — though it does not guarantee approval.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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ZUG, Switzerland, March 16, 2026 (GLOBE NEWSWIRE) -- Oculis Holding AG (Nasdaq: OCS / XICE: OCS) (Oculis), a global biopharmaceutical company focused on breakthrough innovations to address significant unmet medical needs in ophthalmology and neuro-ophthalmology, today announced the presentation of the ACUITY Phase 2 data with Privosegtor at the North American Neuro-Ophthalmology Society (NANOS) 52nd Annual Meeting.

This premier annual gathering of neuro‑ophthalmology experts worldwide provides a scientific forefront platform for presenting transformative clinical data amongst leading clinicians, researchers, and thought leaders.
As a Platinum Sponsor of the 2026 Congress, Oculis is proud to support the most influential global scientific meeting in neuro‑ophthalmology, reinforcing its commitment to advancing scientific progress in this field.

NANOS 2026
March 20-24, Boston, MA, USA

"Improved Low-Contrast Visual Acuity and Reduction in Retinal Ganglion Cell Loss with Privosegtor in Acute Optic Neuritis: Results from a Multicenter, Randomized, Placebo-Controlled, Double-Masked Trial".

  • Presenter: Professor Martin S. Zinkernagel, M.D., Ph.D., Chair of the Department of Ophthalmology at the University Hospital of Bern, Switzerland
  • Date/Time: Monday March 23, 8:48 AM EDT 

The presentation of the Phase 2 ACUITY trial results investigating Privosegtor in patients with optic neuritis (ON) will focus on the significant improvements in low contrast visual acuity and promising neuroprotective structural and biological effects observed in the study. Privosegtor, a peptoid small molecule with the ability to cross both the blood brain and retinal barriers, has the potential to become the first neuroprotective therapy for optic neuritis, with broad potential applicability in other neuro-ophthalmic and neurological diseases. Following Breakthrough Therapy designation from the U.S. Food and Drug Administration for ON, Oculis is advancing the PIONEER registrational program for Privosegtor in optic neuropathies, with the PIONEER-1 trial in optic neuritis initiated in Q4 2025. 

Riad Sherif, M.D., Chief Executive Officer of Oculis, said “Our commitment to advancing the field of neuro‑ophthalmology has never been stronger. The ACUITY Phase 2 results with Privosegtor highlight meaningful progress toward delivering a much‑needed neuroprotective therapy to patients with optic neuritis and other optic neuropathies. The opportunity to present the groundbreaking data from this trial at NANOS, recognized as the most important global forum for neuro‑ophthalmic science, represents a significant milestone for Oculis and for patients. As a Platinum Sponsor for this year’s congress, we are honored to support and partner with the scientific community in shaping the future of neuroprotective therapies.”

Martin Zinkernagel, M.D., Ph.D., is Professor and Chair of the Department of Ophthalmology at the University Hospital of Bern, Switzerland, as well as director of the internationally renowned Bern Photographic Reading Center at the University of Bern. Professor Zinkernagel is highly recognized in the field with over 270 publications spanning his research interests in retinal imaging, ophthalmic data analysis using artificial intelligence, and the influence of the gut microbiome in retinal disease. He earned his M.D. at the University of Zurich and his PhD in ocular immunology and gene therapy from the University of Western Australia.

--END--

About Privosegtor

Privosegtor, a novel peptoid small-molecule candidate that crosses the blood-brain and retinal barriers, has the potential to become the first neuroprotective therapy for optic neuritis (ON) and other neuro-ophthalmic diseases. Positive results from the ACUITY Phase 2 trial demonstrated Privosegtor’s neuroprotective potential through anatomical preservation of the retina and improvements in visual function after an acute episode of optic neuritis. Consistent results were observed in animal models of neuroinflammation and neurodegeneration, where Privosegtor preserved retinal ganglion cell damage and was associated with improvements in mobility (clinical function disability). Privosegtor has received Breakthrough Therapy designation from the FDA and Orphan Drug designation from both the FDA and the EMA for ON and is now entering registrational trials for this indication, as well as a registrational trial in non-arteritic anterior ischemic optic neuropathy (NAION), as part of Oculis’ PIONEER (Privosegtor Investigation in Optic Neuropathies Efficacy Evaluation Research) program. In addition to its potential neuroprotective effect on the optic nerve, Privosegtor could also have wide applicability in treating other neuro-ophthalmic and neurological indications.

Privosegtor is an investigational drug and has not received regulatory approval for commercial use in any country.

About Optic Neuritis

Optic Neuritis (ON) is a rare condition characterized by an acute inflammation of the optic nerve that can lead to permanent visual impairment. It affects up to 8 in 100,000 people worldwide with a U.S. annual incidence estimated to be >30,000 and often represents the first sign of multiple sclerosis1,2. It mainly occurs in adults between the age of 20 and 40 years and is more frequent in women (2:1)3. ON is a type of neuropathy (nerve disease) that happens when acute inflammation of the optic nerve affects the signals traveling from the eyes through the brain, causing pain, vision loss and other symptoms. The cells that make up the optic nerve have a lipid protective coating called a myelin sheath, which is preferentially damaged in ON. Without myelin, the optic nerve cells can’t send signals properly and axons can be irreversibly lost. To date there is no specific therapy approved for acute optic neuritis and the unmet needs remain for therapies that can prevent vision loss after an acute episode by reducing nerve cell permanent damage or death.

About Oculis

Oculis is a global biopharmaceutical company (Nasdaq: OCS; XICE: OCS) focused on breakthrough innovations to address significant unmet medical needs in neuro-ophthalmology and ophthalmology. Oculis’ highly differentiated late-stage clinical pipeline includes three core product candidates: Privosegtor, a breakthrough neuroprotective candidate in the PIONEER program which consists of studies intended to support registration plans for treatment in optic neuropathies like optic neuritis (ON) and non-arteritic anterior ischemic optic neuropathy (NAION), with potentially broad clinical applications in various other neuro-ophthalmic and neurological diseases; OCS-01, an eye drop in pivotal registration studies, aiming to become the first non-invasive topical treatment for diabetic macular edema (DME); and Licaminlimab, a novel, topical anti-TNFα in registrational trial, which is being developed with a genotype-based approach to drive precision medicine in dry eye disease (DED). Headquartered in Switzerland with operations in the U.S. and Iceland, Oculis is led by an experienced management team with a successful track record and supported by leading international healthcare investors.

For more information, please visit: www.oculis.com

Oculis Contact
Ms. Sylvia Cheung, CFO
sylvia.cheung@oculis.com 

Investor Relations
LifeSci Advisors
Corey Davis, Ph.D.
cdavis@lifesciadvisors.com 

Media Relations
ICR Healthcare
Amber Fennell / David Daley / Sean Leous
oculis@icrhealthcare.com 

Cautionary Statement Regarding Forward Looking Statements

This press release contains forward-looking statements and information. For example, statements regarding the potential benefits of the Company’s product candidates, the initiation, timing, progress and results of current and future clinical trials, Oculis’ research and development programs, regulatory and business strategy; and Oculis’ future development plans, are forward-looking. All forward-looking statements are based on estimates and assumptions that, while considered reasonable by Oculis and its management, are inherently uncertain and are inherently subject to risks, variability, and contingencies, many of which are beyond Oculis’ control. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by an investor as, a guarantee, assurance, prediction or definitive statement of a fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. All forward-looking statements are subject to risks, uncertainties and other factors that may cause actual results to differ materially from those that we expected and/or those expressed or implied by such forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Oculis, including those set forth in the Risk Factors section of Oculis’ annual report on Form 20-F and any other documents filed with the SEC. Copies of these documents are available on the SEC’s website, www.sec.gov. Oculis undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

References:

  1. Martínez-Lapiscina EH, et al. (2014): Is the incidence of optic neuritis rising? Evidence from an epidemiological study in Barcelona (Spain) 2008-2012. J Neurol. 2014 Apr; 261(4): 759-767.
  2. Weidong Gu et al. (2023) Incidence of Optic Neuritis and the Associated Risk of Multiple Sclerosis for Service Members of U.S. Armed Forces, Military Medicine, vol. 188, March/April 2023
  3. Guier CP, Kaur K, Stokkermans TJ. Optic Neuritis. January 2025. StatPearls. https://www.ncbi.nlm.nih.gov/books/NBK557853

FAQ

What Phase 2 ACUITY results will Oculis (OCS) present at NANOS on March 23, 2026?

The presentation reports improved low‑contrast visual acuity and neuroprotective effects in optic neuritis. According to Oculis, the ACUITY trial showed structural and biological signals suggesting Privosegtor may protect retinal ganglion cells.

What is Privosegtor and why is Oculis (OCS) highlighting it at NANOS 2026?

Privosegtor is a peptoid small molecule that crosses blood‑brain and retinal barriers. According to Oculis, it produced promising neuroprotective signals in ACUITY and may address optic neuritis and other optic neuropathies.

Has Privosegtor received any regulatory designation relevant to Oculis (OCS) clinical plans?

Yes. According to Oculis, Privosegtor received FDA Breakthrough Therapy designation for optic neuritis. That designation supports an accelerated development pathway and informed the PIONEER registrational program.

What is the status of Oculis (OCS) registrational trials for Privosegtor after ACUITY?

Oculis is advancing the PIONEER registrational program, and PIONEER‑1 was initiated in Q4 2025. According to Oculis, PIONEER‑1 is focused on optic neuritis as a registrational study.

When and where will the Oculis (OCS) ACUITY presentation take place at NANOS 2026?

The ACUITY presentation is scheduled for Monday, March 23, 2026 at 8:48 AM EDT. According to Oculis, Professor Martin S. Zinkernagel will present at the NANOS 52nd Annual Meeting in Boston, MA.