Ocular Therapeutix Soars 14.19% on Q4 Earnings, AMD Progress
Ocular Therapeutix's stock surged 14.19% in pre-market trading on April 1, 2025, marking a significant rise for the biopharmaceutical company.
Ocular Therapeutix recently reported its Q4 and full-year 2024 results, showcasing notable advancements in its AXPAXLI registrational program for wet age-related macular degeneration (AMD). This progress has been a key driver for investor optimism, as the company continues to make strides in its retinal therapies.
Additionally, the company's insider trading activities have also garnered attention. Pravin Dugel, an insider, sold 21,475 shares of the company's stock on February 24th, which could be seen as a strategic move to manage personal holdings rather than a negative indicator for the company's prospects.
Ocular Therapeutix is set to participate in two investor conferences, further highlighting its commitment to engaging with the investment community and showcasing its innovative retinal therapies. The company's upcoming presentations at the Angiogenesis, Exudation, and Degeneration 2025 Virtual Meeting are expected to provide more insights into its pipeline and strategic direction.
