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July 04, 2015 8:51 AM ET

Pharmaceuticals

Company Overview of Ocular Therapeutix, Inc.

Company Overview

Ocular Therapeutix, Inc., a biopharmaceutical company, focuses on the development and commercialization of therapies for eye diseases and conditions using its proprietary hydrogel platform technology in the United States. It markets ReSure Sealant, a topical liquid hydrogel that creates a sealant to prevent post-surgical leakage from clear corneal incisions during cataract surgery. The company is involved in developing OTX-DP that is in Phase III clinical trials for post-surgical ocular inflammation and pain; and is in Phase II clinical trials for the treatment of inflammatory dry eye disease, as well as that has completed Phase II clinical trials for the treatment of allergic conjunctivitis...

34 Crosby Drive

Suite 105

Bedford, MA 01730

United States

Founded in 2006

74 Employees

Phone:

781-357-4000

Fax:

781-357-4001

Key Executives for Ocular Therapeutix, Inc.

Founder, Chairman, Chief Executive Officer and President
Age: 48
Total Annual Compensation: $788.8K
Chief Financial Officer and Chief Accounting Officer
Age: 59
Total Annual Compensation: $325.5K
Chief Operating Officer
Age: 56
Total Annual Compensation: $510.3K
Executive Vice President of Clinical, Regulatory and Quality
Age: 58
Total Annual Compensation: $321.5K
Compensation as of Fiscal Year 2014.

Ocular Therapeutix, Inc. Key Developments

Ocular Therapeutix, Inc. Announces Enrollment in Phase 3 Clinical Trial for DEXTENZA for the Treatment of Allergic Conjunctivitis

Ocular Therapeutix, Inc. announced enrollment of the first patients in a Phase 3 clinical trial to evaluate the safety and efficacy of DEXTENZA™ (sustained release dexamethasone, 0.4mg) for the treatment of allergic conjunctivitis. DEXTENZA is administered by a physician as a bioresorbable intracanalicular depot for drug release to the ocular surface for up 30 days. This prospective, US based multicenter, 1:1 randomized, parallel-arm, double-masked, vehicle-controlled study is enrolling subjects who exhibit chronic signs and symptoms of allergic conjunctivitis. This is the first of two Phase 3 studies and will evaluate DEXTENZA versus a placebo vehicle punctum plug using Ora’s modified Conjunctival Allergen Challenge (Ora-CAC®) Model (Ora, Inc., Andover, MA) which accommodates for the longer therapeutic effect of a one-time administered sustained release drug product. The study is designed to assess the effect of DEXTENZA compared with placebo on allergic reactions using three series of successive allergen challenges over a 30-day period. DEXTENZA or placebo will be administered 48 to 72 hours after final confirmatory exposure to the allergen, and the primary endpoints to be evaluated are ocular itching and conjunctival redness at day 7 following insertion. The secondary efficacy measures for both itching and redness are measured at day 14 following insertion and on days 27-30 post-insertion.

Ocular Therapeutix, Inc. Reports Earnings Results for the First Quarter of 2015

Ocular Therapeutix, Inc. reported earnings results for the first quarter of 2015. For the quarter, the company reported an increase in first quarter revenues from the same period a year ago as it prepares to submit a New Drug Application for its OTX-DP in the treatment of post-surgical ocular pain. The company reported a net loss of approximately $7.6 million, or $0.35 per share, compared to the loss of $7.0 million, or $2.45 per share, for first quarter 2014. Total revenues of $426,000 were up from $27,000 in the same period a year ago.

Ocular Therapeutix, Inc., Q1 2015 Earnings Call, May 15, 2015

Ocular Therapeutix, Inc., Q1 2015 Earnings Call, May 15, 2015

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