Ocugen Moving on Positive Phase 2/3 Top-Line Data

(24/7 MARKET NEWS) – Ocugen, Inc. (NASDAQ: OCGN) announced, this morning, positive results from the Phase 2/3, observer-blind, immuno-bridging and broadening study of its COVID-19 vaccine candidate, COVAXIN(TM) (BBV152; Clinicaltrials.gov, NCT05258669), a whole-virion inactivated COVID-19 investigational vaccine candidate that uses the same vero cell manufacturing platform that has been used in the production of polio vaccines for decades.

Ocugen is trading higher on much stronger than average trading volume at $1.55, 25 cents higher (+22.31%), on 7.5 million shares traded.

Its 52-week range is $ 1.09 to $4.64. Its next inflection points are $1.61, $1.72, and $1.87.

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