- Ocular Therapeutix Inc OCUL and Regeneron Pharmaceuticals Inc REGN have terminated the option and license agreement collaboration. The termination is effective immediately.
- The collaboration with Regeneron was initially formed in 2016 to develop and commercialize products containing Ocular's sustained-release hydrogel technology in combination with Regeneron's large molecule vascular endothelial growth factor for eye diseases.
- Under a 2020 amendment, the companies' efforts have focused on R&D of an extended-delivery formulation of aflibercept to be delivered to the suprachoroidal space to treat retinal diseases.
- Price Action: OCUL shares traded 3.04% lower at $10.51 and on the last check Friday.
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