Encouraging Oculis data in diabetic macular edema sends shares upwards

22 May 2023

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.

This article is accessible to registered users, to continue reading please register for free. A free trial will give you access to exclusive features, interviews, round-ups and commentary from the sharpest minds in the pharmaceutical and biotechnology space for a week. If you are already a registered user please login. If your trial has come to an end, you can subscribe here.

Try before you buy

Free

7 day trial access

Take a Free Trial

All the news that moves the needle in pharma and biotech
Exclusive features, podcasts, interviews, data analyses and commentary from our global network of life sciences reporters.
Receive The Pharma Letter daily news bulletin, free forever.

Become a subscriber

£820

Or £77 per month

Subscribe Now

Unfettered access to industry-leading news, commentary and analysis in pharma and biotech.
Updates from clinical trials, conferences, M&A, licensing, financing, regulation, patents & legal, executive appointments, commercial strategy and financial results.
Daily roundup of key events in pharma and biotech.
Monthly in-depth briefings on Boardroom appointments and M&A news.
Choose from a cost-effective annual package or a flexible monthly subscription

The Pharma Letter is an extremely useful and valuable Life Sciences service that brings together a daily update on performance people and products. It’s part of the key information for keeping me informed

Chairman, Sanofi Aventis UK