Welcome to our dedicated page for Ocular Therapeut news (Ticker: OCUL), a resource for investors and traders seeking the latest updates and insights on Ocular Therapeut stock.
Ocular Therapeutix, Inc. (NASDAQ: OCUL) is a biopharmaceutical innovator developing sustained-release therapies for retinal diseases and ocular conditions. This page serves as the definitive source for company news, providing investors and professionals with timely updates on clinical advancements, regulatory developments, and corporate milestones.
Access press releases, earnings reports, and analysis of key events impacting OCUL's trajectory. Our curated collection includes updates on AXPAXLI™ clinical trials for wet AMD, DEXTENZA® commercial performance, and pipeline progress across glaucoma and diabetic retinopathy therapies. Discover how the company's proprietary hydrogel platform addresses treatment challenges in ophthalmology.
Bookmark this page for streamlined access to OCUL's latest FDA submissions, partnership announcements, and financial disclosures. Stay informed about developments influencing both near-term performance and long-term growth in ocular therapeutics.
Ocular Therapeutix (OCUL) reported positive interim results from its Phase 1 trial of OTX-TKI for wet AMD, with 80% of subjects rescue-free at 6 months. The company plans to initiate a Phase 1 trial for diabetic retinopathy in Q1 2023 and a Phase 2/3 trial for wet AMD in Q3 2023. DEXTENZA revenue reached $11.9 million in Q3, with annual guidance revised to $48-$52 million, reflecting 10%-20% growth. The company reported a net loss of $24.2 million, leading to a loss per share of $(0.31). Cash and equivalents stood at $121 million, indicating sufficient funds through 2023.
Ocular Therapeutix, Inc. (NASDAQ:OCUL) will report its third quarter financial results for the period ended September 30, 2022, after market close on November 7, 2022. A live conference call and webcast will follow at 4:30 p.m. ET to discuss these results and provide a business update. Key developments include FDA-approved DEXTENZA® for ocular conditions and ongoing clinical trials for multiple innovative drug candidates targeting various eye diseases, including wet AMD and glaucoma.
Ocular Therapeutix (NASDAQ:OCUL) announced interim results from its U.S. Phase 1 trial of OTX-TKI, an axitinib hydrogel implant for treating wet AMD. The trial involved 21 subjects and showed OTX-TKI was well tolerated with no serious drug-related adverse events. At 7 months, subjects demonstrated stable best corrected visual acuity and central subfield thickness. Notably, 80% were rescue-free for 6 months and 73% for 7 months. The company plans to discuss next steps with the FDA and may initiate a Phase 2 trial in Q3 2023.
Ocular Therapeutix, Inc. (NASDAQ:OCUL) announced its significant presence at the American Academy of Ophthalmology (AAO) 2022 Annual Meeting, held from September 30 to October 3, 2022, in Chicago, IL. The company will present key findings, including 28-week data on its Phase 1 trial of OTX-TKI for Wet AMD. Presentations include podium talks and ePosters on various ophthalmic conditions, emphasizing their product candidates like DEXTENZA and OTX-TKI. Ocular Therapeutix is focused on innovative therapies for eye diseases using hydrogel technology.
Ocular Therapeutix, Inc. (NASDAQ:OCUL) will present at the H.C. Wainwright 24th Annual Global Investment Conference on September 14, 2022, at 11:00 AM ET in New York City. The management will also host investor meetings during the conference. Interested investors can contact H.C. Wainwright to arrange meetings. A live webcast of the presentation will be available on the company's Investors website and can be replayed for 90 days. Ocular Therapeutix focuses on innovative therapies for eye diseases, including its FDA-approved product DEXTENZA®.
Ocular Therapeutix, Inc. (NASDAQ:OCUL) announces its participation in the H.C. Wainwright 2nd Annual Ophthalmology Virtual Conference on August 17, 2022. The agenda includes a pre-recorded corporate presentation at 7:00 AM ET and a panel discussion at 11:00 AM ET focusing on unique delivery technology platforms. Investor meetings will also take place on the same day. Webcast access will be available on the company’s website for 90 days. Ocular Therapeutix specializes in innovative therapies for eye diseases, including the FDA-approved DEXTENZA® and several other promising treatments in clinical trials.
Ocular Therapeutix (NASDAQ:OCUL) reported Q2 2022 financial results, with net product revenue for DEXTENZA at $12.1 million, a 9% increase year-over-year. The company reiterated its 2022 revenue guidance of $55 to $60 million, projecting annual growth of 26% to 38%. A conference call to discuss results is scheduled for 4:30 p.m. ET. The company is also set to present interim data from its Phase 1 clinical trial of OTX-TKI for wet AMD at the AAO in Q3 2022.
Despite staffing challenges impacting operations, Ocular aims for improved DEXTENZA sales through new strategies and upcoming data presentations.
Ocular Therapeutix, Inc. (NASDAQ: OCUL) will announce its financial results for Q2 2022 on August 8, 2022. The earnings release will be followed by a conference call at 4:30 p.m. ET. Investors can access the live webcast through the company’s website. Ocular Therapeutix focuses on developing innovative eye therapies, including DEXTENZA®, an FDA-approved corticosteroid, and other projects in various clinical trial phases. The company utilizes proprietary bioresorbable hydrogel technology to address ocular conditions.
Aurion Biotech has appointed Michael Goldstein, M.D., M.B.A., as president and chief medical officer to advance its corneal endothelial cell therapy development. Dr. Goldstein brings extensive experience as a renowned ophthalmologist and biotech executive, previously serving at Ocular Therapeutix (OCUL) and Applied Genetic Technologies Corp (AGTC). His leadership aims to enhance clinical strategy and operations for a treatment addressing corneal edema caused by endothelial dysfunction. This innovative therapy offers significant advantages over traditional corneal transplants, including a more straightforward procedure and a greater supply of cells from donor corneas.
Ocular Therapeutix (NASDAQ:OCUL) announced executive changes to enhance its late-stage ophthalmology product portfolio.