- Investing.com
Ocular Therapeutix, Inc., a biopharmaceutical company, engages in the development and commercialization of therapies for retinal diseases and other eye conditions using its bioresorbable hydrogel-based formulation technology in the United States. The company markets DEXTENZA, a dexamethasone ophthalmic insert to treat post-surgical ocular inflammation and pain following ophthalmic surgery, as well as allergic conjunctivitis. It is also developing AXPAXLI, an axitinib intravitreal hydrogel that is in phase 3 clinical trials for the treatment of wet age-related macular degeneration and in Phase 1 clinical trials for the treatment of non-proliferative diabetic retinopathy; PAXTRAVA, a travoprost intracameral hydrogel, which is in phase 2 clinical trials for the treatment of open-angle glaucoma or ocular hypertension. The company has a license agreement and collaboration with AffaMed Therapeutics Limited for the development and commercialization of DEXTENZA and PAXTRAVA. Ocular Therapeutix, Inc. was incorporated in 2006 and is headquartered in Bedford, Massachusetts.
Retinal Revolution | Ocular Therapeutix shifts focus to retina diseases, positioning for growth in diabetic retinopathy and wet AMD markets with innovative treatments |
Promising Pipeline | Explore axpaxli's potential as a blockbuster drug for diabetic retinopathy, offering extended durability and improved patient outcomes |
Glaucoma Breakthrough | Paxtrava shows comparable or superior efficacy to existing treatments, with potential for re-dosing and improved long-term management |
Financial Outlook | Analysts set price targets ranging from $15 to $24, with a strong cash position of $483 million providing runway into 2028 despite higher expenses |
Metrics to compare | OCUL | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipOCULPeersSector | |
---|---|---|---|---|
P/E Ratio | −10.0x | −1.4x | −0.5x | |
PEG Ratio | −0.87 | 0.00 | 0.00 | |
Price/Book | 7.2x | 2.0x | 2.6x | |
Price / LTM Sales | 32.3x | 1.8x | 3.2x | |
Upside (Analyst Target) | 41.1% | 135.3% | 41.2% | |
Fair Value Upside | Unlock | 27.7% | 6.2% | Unlock |