Ocugen, Inc. is a biopharmaceutical company focused on developing gene therapies to cure blindness diseases and developing vaccine for COVID-19. The Company’s technology pipeline includes: COVID-19 Vaccine (0.5), Modifier Gene Therapy Platform and Novel Biologic Therapies for Retinal Diseases.
Similarly, Why did OCGN stock go up?
Shares of Ocugen ( OCGN 0.00% ) had skyrocketed by 19.1% as of 11:15 a.m. ET on Tuesday. The huge gain came after the company announced that the Food and Drug Administration (FDA) had lifted the clinical hold on its investigational new drug (IND) application for COVID-19 vaccine Covaxin.
Did FDA approve Ocugen? The U.S. Food and Drug Administration turned down Ocugen’s Emergency Use Authorization (EUA) request for Covaxin in children 2 to 18 years.
Thereof, Does Ocugen have revenue?
Revenue in 2020 (TTM): $0.04 M
According to Ocugen’s latest financial reports the company’s current revenue (TTM) is $0.04 M. . The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Did Ocugen get FDA approved?
The FDA has denied Ocugen’s Emergency Use Authorization (EUA) request for use of its COVID-19 vaccine in children aged two to 18 years.
Will OCGN get FDA approval?
Summary. The FDA has finally lifted its clinical hold of Ocugen’s IND submission for the COVID vaccine COVAXIN. COVAXIN was developed by Bharat Biotech and has produced strong efficacy data across all strains of COVID and in children.
What is the target price for OCGN?
Stock Price Targets
| High | $15.00 |
|---|---|
| Median | $7.00 |
| Low | $4.00 |
| Average | $8.25 |
| Current Price | $2.9700 |
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Does Ocugen have a Covid vaccine?
Ocugen is moving closer to bringing its COVID-19 vaccine, developed by India-based Bharat Biotech, into the United States market after the Food and Drug Administration (FDA) lifted a clinical hold on its Investigational New Drug Application for Covaxin.
Who is making Covaxin?
COVAXIN®, India‘s indigenous COVID-19 vaccine by Bharat Biotech is developed in collaboration with the Indian Council of Medical Research (ICMR) – National Institute of Virology (NIV).
What is FDA Emergency Use Authorization?
Put simply, an emergency use authorization (EUA) is a tool the Food and Drug Administration (FDA) can use to expedite the availability of medical products, including drugs and vaccines, during a public health emergency.
Where is Ocugen company located?
Company Description: Ocugen, Inc. is located in Malvern, PA, United States and is part of the Scientific Research and Development Services Industry.
How many employees does Ocugen have?
Compare OCGN With Other Stocks
| Ocugen Annual Number of Employees | |
|---|---|
| 2019 | 16 |
| 2018 | 49 |
| 2017 | 45 |
| 2016 | 47 |
Where is Ocugen based?
Shankar Musunuri, chairman and CEO of Pennsylvania-based Ocugen, expressed excitement about moving forward with its clinical program for Covaxin.
Does Ocugen have a COVID vaccine?
Ocugen is moving closer to bringing its COVID-19 vaccine, developed by India-based Bharat Biotech, into the United States market after the Food and Drug Administration (FDA) lifted a clinical hold on its Investigational New Drug Application for Covaxin.
Has Covaxin been approved in us?
On Wednesday, the World Health Organisation finally approved the India-made Covaxin. Soon after the WHO’s approval, the US Centers for Disease Control (CDC) too recognised the vaccine. The US gave its green light to travellers fully vaccinated with Covaxin to enter the country from November 8.
Does Ocugen get EUA?
The FDA has denied Ocugen’s Emergency Use Authorization (EUA) request for use of its COVID-19 vaccine in children aged two to 18 years.
Is Ocugen approved?
The hold was placed in November 2021. The lift allows Ocugen to run a Phase II/III trial supporting a potential Biologics License Application (BLA) for the vaccine. Ocugen and Bharat Biotech have been partners since 2020 to develop the vaccine, which has been authorized in India for people ages 12 and up.
Who owns OCGN?
Top 10 Owners of Ocugen Inc
| Stockholder | Stake | Shares owned |
|---|---|---|
| BlackRock Fund Advisors | 5.21% | 11,209,731 |
| The Vanguard Group, Inc. | 4.69% | 10,096,039 |
| Geode Capital Management LLC | 1.52% | 3,274,335 |
| JPMorgan Asset Management (UK) Lt… | 1.49% | 3,197,615 |
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