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Stock impact report

Ocugen Inc (OCGN) Q4 2024 Earnings Call Highlights: Strategic Advances Amid Rising Costs [Yahoo! Finance]

Ocugen, Inc. (OCGN) 
Company Research Source: Yahoo! Finance
General and Administrative Expenses: $6.3 million for Q4 2024, $26.7 million for the full year 2024. Net Loss: $13.9 million or $0.05 per share for Q4 2024, $54.1 million or $0.20 per share for the full year 2024. Cash and Restricted Cash: $58.8 million as of December 31, 2024. Warning! GuruFocus has detected 3 Warning Signs with OCGN. Release Date: March 05, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript Positive Points Ocugen Inc ( NASDAQ:OCGN ) has reached an alignment with the FDA to move forward with a Phase 2/3 pivotal confirmatory trial for OCU410ST, potentially expediting the clinical development timeline by two to three years. The company secured $65 million in equity and debt financings in the second half of 2024, extending its cash runway into the first quarter of 2026. OCU400, Ocugen's lead candidate, received a positive opinion from the European Medicines Agency for advanced therapy medicinal pro Show less Read more
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