Ocular Therapeutix, Inc. (NASDAQ:OCUL) is a biopharmaceutical company focused on the formulation, development, and commercialization of innovative therapies for diseases and conditions of the eye using its proprietary bioresorbable hydrogel-based formulation technology, Elutyx™. Ocular Therapeutix has built a robust product pipeline of drug delivery solutions developed to reduce the complexity and burden of the current standard of care and position itself to become a leader in the ophthalmic space.
Ocular Therapeutix has a commercially available drug product, DEXTENZA® (dexamethasone ophthalmic insert) 0.4 mg, for intracanalicular use. DEXTENZA is an FDA-approved corticosteroid for the treatment of ocular inflammation and pain following ophthalmic surgery and for the treatment of ocular itching associated with allergic conjunctivitis; the product is currently being marketed through a fully integrated specialty sales force. Ocular Therapeutix’s lead clinical program OTX-TKI† (axitinib intravitreal implant), is currently being developed to treat wet AMD and diabetic retinopathy; other indications may also be pursued in due course. Other clinical programs include OTX-TIC (travoprost implant), for intracameral injection, for the treatment of elevated intraocular pressure in primary open-angle glaucoma or ocular hypertension, OTX-CSI (cyclosporine ophthalmic insert) for intracanalicular use, for the chronic treatment of dry eye disease, and OTX-DED (dexamethasone ophthalmic insert) for intracanalicular use, for the short-term treatment of the signs and symptoms of dry eye disease.
At Ocular Therapeutix, we strive to build a strong and collaborative culture where employees can flourish professionally and achieve their career goals. We encourage out of the box thinking, creativity and cross-functional collaborative engagement throughout the organization.
REFERENCES: 1. 2019 Retina Pharma Market Scope Report. 2. 2019 Glaucoma Pharma Market Scope Report. 3. 2019 Dry Eye Market Scope Report. 4. Centers for Medicare & Medicaid Services. https://www.cms.gov/license/ama?file=files/zip/medicare-national-hcpcs-aggregate-cy2018.zip.
*These data reflect the total global market for the respective indications. Our market opportunity for such indications reflects a portion of this market.
†AXPAXLI (axitinib intravitreal implant) also referenced as laboratory code OTX-TKI (axitinib intravitreal implant)