Prediction: This Health Care Stock Will Be the Best Performer the Rest of 2024
With a market rotation underway, where should investors seeking opportunities in health care be looking? Analysts have high expectations for Alphatec.
Headquartered in Bedford, MA Fiscal year ends December NASDAQ: OCUL ocutx.com
Ocular Therapeutix, Inc. is an integrated biopharmaceutical company focused on retinal diseases. The company's primary investigational product candidate is AXPAXLI (also known as OTX-TKI), an axitinib intravitreal hydrogel based on its proprietary ELUTYX bioresorbable hydrogel-based formulation technology. AXPAXLI is currently in Phase 3 clinical trials for wet age-related macular degeneration (wet AMD) and diabetic retinal disease, including non-proliferative diabetic retinopathy (NPDR). The company's commercial product is DEXTENZA, an FDA-approved corticosteroid for the treatment of ocular inflammation and pain following ophthalmic surgery and ocular itching associated with allergic conjunctivitis. Ocular also has an investigational product candidate, OTX-TIC, a travoprost intracameral hydrogel that completed a Phase 2 clinical trial for open-angle glaucoma or ocular hypertension. The company trades on NASDAQ under the ticker OCUL. Updated
With a market rotation underway, where should investors seeking opportunities in health care be looking? Analysts have high expectations for Alphatec.
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Ocular Therapeutix, Inc. is an integrated biopharmaceutical company focused on retinal diseases. The company's primary investigational product candidate is AXPAXLI (also known as OTX-TKI), an axitinib intravitreal hydrogel based on its proprietary ELUTYX bioresorbable hydrogel-based formulation technology.
The Wall Street consensus 12-month price target for OCUL is $26.00.