Ocugen, Inc. (OCGN)
Ocugen, Inc. operates in the Biotechnology industry of the Healthcare sector, headquartered in Malvern, PA, US. The stock last traded at $1.37, up 4.58% on the session, giving a market capitalisation of $464.6M. On trailing twelve-month figures it carries a trailing P/E of -5.43, a net margin of -1786.3%. Its beta of 2.20 implies it has historically moved more than the broad market.
Ocugen, Inc. is a biopharmaceutical company in the clinical development phase, primarily dedicated to pioneering gene therapies aimed at treating various ophthalmic conditions leading to blindness. The company's developmental pipeline features several key candidates: OCU400: An innovative gene therapy designed to reinstate both the function and structural integrity of the retina across a broad spectrum of genetically diverse inherited retinal diseases, such as retinitis pigmentosa and Leber congenital amaurosis. OCU410: Another gene therapy candidate, currently being developed to address dry age-related macular degeneration (AMD). OCU200: A novel fusion protein, presently undergoing preclinical evaluation for its potential in treating diabetic macular edema, diabetic retinopathy, and wet AMD. Ocugen maintains significant strategic collaborations, including a partnership with CanSino Biologics Inc. for the joint development and manufacturing of gene therapies, and an alliance with Bharat Biotech for the commercialization of COVAXIN within the United States market. The company's corporate headquarters are situated in Malvern, Pennsylvania.
Ocugen, Inc. is most often compared with the following Healthcare names: