Ocular Therapeutix reported a total net revenue of $15.1 million for the third quarter of 2023, representing a 26% increase over the third quarter of 2022. DEXTENZA net product revenue grew to $15.0 million from $11.9 million over the comparable period in 2022.
Initiated the first pivotal trial evaluating AXPAXLI for the treatment of wet AMD.
Received FDA agreement with overall clinical plan for AXPAXLI under a Special Protocol Assessment.
DEXTENZA net product revenue in Q3 2023 was $15.0 million, representing growth of approximately 26% over Q3 2022.
Top-line data from U.S.-based HELIOS Trial Evaluating AXPAXLI for Treatment of Non-Proliferative Diabetic Retinopathy Anticipated to be Presented in in Q2 2024
Any statements in this press release about future expectations, plans, and prospects for the Company, including the commercialization of DEXTENZA; the development, regulatory status and prospects of the Company’s product candidates, including the timing and design of the Company’s pivotal trials of AXPAXLI (also called OTX-TKI) for the treatment of wet AMD including the SOL trial, of the Company’s ongoing HELIOS trial evaluating AXPAXLI for the treatment of non-proliferative diabetic retinopathy, and of the Company’s ongoing Phase 2 clinical trial evaluating OTX-TIC for the treatment of primary open-angle glaucoma or ocular hypertension; the Company’s plans to advance the development of its product candidates or preclinical programs; the potential utility of any of the Company’s product candidates; projected net product revenue, in-market sales and other financial and operational metrics of DEXTENZA; the Company’s cash runway and sufficiency of the Company’s cash resources
Visualization of income flow from segment revenue to net income