Encouraging Oculis data in diabetic macular edema sends shares upwards
Shares in Oculis (Nasdaq: OCS) were more than 9% higher at lunchtime on Monday.
The Swiss ophthalmology specialist had just announced positive top line results from stage one of its Phase III DIAMOND trial of OCS-01 eye drops in diabetic macular edema (DME), the leading cause of visual loss and legal blindness in patients with diabetes.
"A topical agent has never demonstrated a positive result in DME"Stage one met the primary efficacy endpoint with a statistically-significant improvement in mean best-corrected visual acuity (BCVA) score from baseline to week six versus vehicle, demonstrating strong visual gain in the treatment arm.
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