Pravin Dugel Sells Shares of Ocular Therapeutix, Inc. $OCUL
Key Points
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Pravin Dugel, Executive Chairman, President and CEO at Ocular Therapeutix, Inc. ($OCUL), sold 50,092 shares at an average price of $0. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.
Ocular Therapeutix, Inc. Stock Down 6.9%
Shares of Ocular Therapeutix, Inc. ($OCUL) traded around $9.64 on Thursday, down 6.9% for the day.
Ocular Therapeutix, Inc. Earnings
Analysts Set New Price Targets
About Ocular Therapeutix, Inc.
Ocular Therapeutix, Inc., a biopharmaceutical company, engages in the development and commercialization of therapies for retinal diseases and other eye conditions using its bioresorbable hydrogel-based formulation technology in the United States. The company markets DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is also developing AXPAXLI, an axitinib intravitreal hydrogel that is in phase 3 clinical trials for the treatment of wet age-related macular degeneration and non-proliferative diabetic retinopathy; OTX-TIC, a travoprost intracameral hydrogel, which has completed phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension. The company has a license agreement and collaboration with AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and OTX-TIC. Ocular Therapeutix, Inc. was incorporated in 2006 and is headquartered in Bedford, Massachusetts.
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