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Dec 31, 2021

Ocugen Q4 2021 Earnings Report

Ocugen experienced a transformational year with significant progress across its portfolio, including the lifting of the clinical hold for COVAXIN™ and advancements in gene therapy clinical development.

Key Takeaways

Ocugen reported fourth quarter and full year 2021 financial results, highlighting the lifting of the clinical hold for COVAXIN™, progress in pediatric EUA submission, initiation of a Phase 1/2 clinical trial for OCU400, and a public offering of common stock.

FDA lifted clinical hold on IND application for COVAXIN™, clearing the way for Phase 2/3 clinical trial.

Engagement with FDA to advance pediatric EUA for COVAXIN™ included submission of safety data and neutralization data against Omicron.

Comprehensive responses regarding COVAXIN™ submitted to Health Canada for the NOD.

OCU400 Phase 1/2 clinical trial initiated for the treatment of inherited retinal diseases.

EPS
-$0.07
Previous year: $0.02
-450.0%
Cash and Equivalents
$95M
Previous year: $24M
+295.0%
Free Cash Flow
-$13M
Previous year: -$4.53M
+186.7%
Total Assets
$106M
Previous year: $27.4M
+286.3%

Ocugen

Ocugen

Forward Guidance

Ocugen is poised for another great year in 2022, with plans to commence clinical trials and provide periodic updates.