Ocular Therapeutix Announces 10-month Data from ongoing Phase 1 Clinical Trial

(24/7 MARKET NEWS) – Ocular Therapeutix, Inc. (NASDAQ: OCUL) announced, over the weekend, interim 10-month data from its ongoing Phase 1 clinical trial evaluating OTX-TKI, the Company’s axitinib intravitreal hydrogel implant being developed for the treatment of wet age-related macular degeneration (wet AMD), diabetic retinopathy and other retinal diseases.

The data was presented Saturday morning at the Angiogenesis, Exudation, and Degeneration 2023 Virtual Meeting, by Andrew A. Moshfeghi, MD, MBA, and can be accessed by visiting the scientific and medical presentations tab of the investor section of the Company’s website.

Ocular Therapeutix is at $4.44, up $0.57 (14.72%), on 200 thousand premarket shares.

Its 52-week trading range is $2.57 to $6.525. If can break through the $4.50 resistance level, on strong volume, it could try to challenge the $5+ level.

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