Ocular Therapeutix (OCUL) Tops Q4 EPS by 1c
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Ocular Therapeutix (OCUL) Price Target Raised to $50 at RBC
March 10, 2015 3:59 PM EDTRBC Capital maintained an Outperform rating on Ocular Therapeutix (NASDAQ: OCUL) and raised its price target to $50.00 (from $35.00).
Analyst Adnan Butt said, "OCULs platform technology is already paying off with: (1) One positive Phase III reading out, (2) 5 clinical programs (2 Phase IIIs and 2 Phase IIs), (3) Pipeline surprises... More
Ocular Therapeutix (OCUL) Announces OTX-DP Met Primary Endpoints in First Phase 3
March 10, 2015 6:33 AM EDTOcular Therapeutix (NASDAQ: OCUL) announced positive topline data from the first of two Phase 3 clinical trials evaluating the safety and efficacy of its lead product candidate, OTX-DP (Sustained Release Dexamethasone), for the treatment of ocular inflammation and pain following cataract surgery. The Phase 3a study, which enrolled 247 patients, met both primary efficacy measures, achieving a statistically significant improvement in the reduction of inflammatory cells and pain. 33.7% of OTX-DP-treated patients showed an absence of inflammatory cells in the anterior chamber of the study eye on day 14 following drug product insertion, compared to 14.6% of those receiving placebo... More
