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Ocugen, Inc. Announces Pricing of $35 Million Public Offering of Common Stock

Aug 01, 2024•almost 2 years ago

Contract Type

partnership

MalvernBiotechnologyHealthcareHealth CareTherapeutics

Description

Ocugen, Inc. has announced the pricing of its underwritten public offering of 30,434,783 shares of its common stock at an offering price of $1.15 per share for gross proceeds of $35 million. The net proceeds from the offering will be used for general corporate purposes, capital expenditures, working capital, and general and administrative expenses.

Company Information

Company

Ocugen

Location

5 GREAT VALLEY PARKWAY

Malvern, Pennsylvania, United States

About

Ocugen, Inc. is a biotechnology company focused on discovering, developing, and commercializing novel gene and cell therapies, biologics, and vaccines that improve health and offer hope for patients across the globe. We are making an impact on patients’ lives through courageous innovation—forging new scientific paths that harness our unique intellectual and human capital. Our breakthrough modifier gene therapy platform has the potential to treat multiple retinal diseases with a single product, and we are advancing research in infectious diseases to support public health and orthopedic diseases to address unmet medical needs.

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