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. reports news around ophthalmic drug development, commercial product activity and corporate governance for a Nasdaq-listed biopharmaceutical company using ELUTYX proprietary bioresorbable hydrogel formulation technology. Recurring updates focus on AXPAXLI, also known as OTX-TKI, an axitinib intravitreal hydrogel candidate for retinal disease, including wet age-related macular degeneration and diabetic retinal disease such as non-proliferative diabetic retinopathy.
Company announcements also cover DEXTENZA, an FDA-approved corticosteroid for ocular inflammation and pain following ophthalmic surgery and ocular itching associated with allergic conjunctivitis, as well as OTX-TIC, a travoprost intracameral hydrogel program for open-angle glaucoma or ocular hypertension. Other recurring items include financial results, scientific and investor conference participation, clinical-study presentations and inducement equity grants under Nasdaq Listing Rule 5635(c)(4).
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Ocular Therapeutix, Inc. (NASDAQ:OCUL) will report its financial results for the first quarter ending March 31, 2023, on May 8, 2023. Following the earnings release, a live conference call is scheduled for 4:30 PM Eastern Time to discuss the results and provide a business update. Ocular Therapeutix specializes in innovative therapies for eye conditions, with its first commercial product, DEXTENZA®, FDA-approved for treating ocular inflammation and associated pain. The company is also advancing several clinical trials, including OTX-TKI for wet AMD, OTX-TIC for glaucoma, and treatments for dry eye disease.
AffaMed Therapeutics announced the approval from China's National Medical Products Administration to start a Phase 3 clinical trial for DEXTENZA, targeting ocular inflammation and pain after ophthalmic surgery. This follows DEXTENZA's recent approval in Macau for treating ocular itching from allergic conjunctivitis. The licensing agreement with Ocular Therapeutix in October 2020 covers development in Greater China, South Korea, and parts of ASEAN. DEXTENZA is noted for its compliance benefits, requiring a single administration for up to 30 days. AffaMed plans to commence this pivotal study shortly, aiming to enhance treatment options in China.