Why Ocugen's Stock Is Surging Today

Ocugen, Inc. OCGN shares are trading higher after the White House announced it would immediately make available specific raw materials needed by India to make COVID-19 vaccines.

Ocugen is a biopharmaceutical company focused on discovering, developing, and commercializing gene therapies. The company has a COVID-19 vaccine co-development partner, Bharat Biotech, which is located in India.

Ocugen's stock was trading approximately 19% higher to $11.44 on Monday at the time of publication. The stock has a 52-week high of $18.77 and a 52-week low of $0.17.

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