Name | Value |
---|---|
Revenues | 16.4M |
Cost of Revenue | 1.5M |
Gross Profit | 14.9M |
Operating Expense | 58.5M |
Operating I/L | -43.6M |
Other Income/Expense | -0.2M |
Interest Income | 6.0M |
Pretax | -43.8M |
Income Tax Expense | 0.0M |
Net Income/Loss | -43.8M |
Ocular Therapeutix, Inc. is a biopharmaceutical company specializing in developing and commercializing eye therapies using bioresorbable hydrogel-based formulation technology. The company's products include ReSure Sealant, used to prevent wound leaks in corneal incisions after cataract surgery, and DEXTENZA, an ophthalmic insert for treating post-surgical ocular inflammation, pain, and allergic conjunctivitis. Ocular Therapeutix is also advancing various products through clinical trials, such as OTX-TKI for wet age-related macular degeneration, OTX-TIC for open-angle glaucoma, and OTX-DED for dry eye disease. Additionally, the company has strategic collaborations with Regeneron Pharmaceuticals and AffaMed Therapeutics for product development and commercialization.