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Ocular Therapeutix (OCUL) shares have moved this month, sparking interest in the company's progress and broader biotech trends. Despite a recent slip, the stock has gained 31.5% YTD, and its intrinsic value estimate is nearly 55% above its current price. The anticipated approval of AXPAXLI, a potential wet AMD product, may unlock large revenue growth opportunities, but setbacks in clinical trials or regulatory challenges could undermine bullish assumptions about OCUL's future growth.

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