Oculis to Ring Nasdaq Stock Market Opening Bell in Celebration of its Successful Listing
March 22 2023 - 7:00AM
Oculis Holding AG (Nasdaq: OCS) (“Oculis”), a global
biopharmaceutical company purposefully driven to save sight and
improve eye care, announces that it will ring the Nasdaq opening
bell today to celebrate its public listing on the Nasdaq Stock
Market earlier this month.
Oculis is advancing multiple late clinical-stage
product candidates in key areas of medical need. Its highly
differentiated pipeline comprises candidates in development
including: OCS-01, a topical eye drop candidate for diabetic
macular edema (DME); OCS-02, a topical eye drop biologic candidate
for dry eye disease (DED); and OCS-05, a disease modifying
candidate for acute optic neuritis (AON) and other neuro-ophtha
disorders such as glaucoma.
To advance its mission and deliver upcoming
near-term clinical milestones, Oculis is privileged to have the
support of leading institutional healthcare investors including
funds managed by LSP, Earlybird, Novartis Venture Fund, Tekla
Capital Management LLC, Pivotal Life Sciences, and VI Partners,
among others.
Riad Sherif MD, Chief Executive Officer of
Oculis, will be joined by other members of Oculis’ executive team,
Board of Directors, Scientific Advisory Board members and guests,
at the ceremony, which will begin at approximately 9.15am EDT and
can be viewed live at
https://www.nasdaq.com/marketsite/bell-ringing-ceremony and on the
Nasdaq MarketSite Tower in New York. The Nasdaq opening bell
ringing will take place at 9:30am EDT, signifying the start of the
day’s trading session.
Riad Sherif MD, CEO of Oculis,
commented: “We are ringing the opening bell today in
celebration of Oculis’ public listing, which would not have been
possible without the great support of our investors, our partners
and the dedication of our employees. Listing on Nasdaq is a major
corporate milestone, providing Oculis a robust financial position
that enables the advancement of several clinical programs
addressing medical needs in ophthalmology, including retina, dry
eye, and neuro-ophtha diseases such as acute optic neuritis and
glaucoma. We have recently achieved last-patient-last-visit in
Stage 1 Phase 3 DIAMOND study of OCS-01 eye drop in diabetic
macular edema, and results from this Stage 1 are expected shortly.
We also recently completed enrollment in OCS-01 Phase 3 OPTIMIZE
study for the treatment of inflammation and pain following cataract
surgery, and results from this trial are expected later this
year.”
Anthony Rosenberg, Chairman of Oculis’
Board of Directors, commented: “I would like to
congratulate the entire team on the successful completion of the
business combination and Oculis’ entry on the Nasdaq Stock Market.
I would also like to welcome my new colleagues who have joined the
Company’s Board of Directors, and to thank my former Board
colleagues for all their great work and accomplishments to date. I
look forward to working with the new Board and the wider Oculis
team on bringing innovative ophthalmic therapies for patients and
generating value for shareholders.”
-ENDS-
About Oculis
Oculis is a global biopharmaceutical company
(Nasdaq: OCS) purposefully driven to save sight and improve eye
care. Oculis’ highly differentiated pipeline comprises multiple
innovative product candidates in development. It includes OCS-01, a
topical eye drop retinal candidate for diabetic macular edema
(DME); OCS-02, a topical eye drop biologic candidate for dry eye
disease (DED); and OCS-05, a disease modifying candidate for acute
optic neuritis (AON) and other neuro-ophtha disorders such as
glaucoma, diabetic retinopathy, geographic atrophy, and
neurotrophic keratitis. Headquartered in Switzerland and with
operations in the US, Europe, and China, Oculis’ goal is to deliver
life-changing treatments to patients worldwide. The company is led
by an experienced management team with a successful track record
and is supported by leading international healthcare investors.
For more information, please visit:
www.oculis.com
Contacts
Investor Relations
Dr Riad Sherif, CEOriad.sherif@oculis.com
Mrs Sylvia Cheung, CFOsylvia.cheung@oculis.com
Media Relations
Consilium Strategic CommunicationsAmber Fennell, Tracy Cheung,
David Daley
oculis@consilium-comms.com
Cautionary Statement Regarding Forward Looking
Statements
This press release contains forward looking
statements and information. For example, statements regarding
expected future milestones and catalysts; the initiation, timing,
progress and results of Oculis’ clinical and preclinical studies;
Oculis’ research and development programs, regulatory and business
strategy, future development plans, and management; Oculis’ ability
to advance product candidates into, and successfully complete,
clinical trials; and the timing or likelihood of regulatory filings
and approvals, are forward looking. All forward looking statements
are based on estimates and assumptions that, while considered
reasonable by Oculis and its management, are inherently uncertain
and are inherently subject to risks, variability and contingencies,
many of which are beyond Oculis’ control. These forward-looking
statements are provided for illustrative purposes only and are not
intended to serve as, and must not be relied on by an investor as,
a guarantee, assurance, prediction or definitive statement of a
fact or probability. Actual events and circumstances are difficult
or impossible to predict and will differ from assumptions. All
forward-looking statements are subject to risks, uncertainties and
other factors that may cause actual results to differ materially
from those that we expected and/or those expressed or implied by
such forward-looking statements. Forward-looking statements are
subject to numerous conditions, many of which are beyond the
control of Oculis, including those set forth in the Risk Factors
section of Oculis’ proxy statement and the prospectus for Oculis’
offering, and any other documents filed with the U.S. Securities
and Exchange Commission (the “SEC”). Copies of these documents are
available on the SEC’s website, www.sec.gov. Oculis undertakes no
obligation to update these statements for revisions or changes
after the date of this release, except as required by law.
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