Oculis Opens New Offices in the US and Expands its US Team by Appointing Dr. Fang Li as Senior Vice President, Regulatory Affairs
April 26 2023 - 7:00AM
Oculis Holding AG (Nasdaq: OCS) (“Oculis”), a global
biopharmaceutical company purposefully driven to save sight and
improve eye care, today announced the opening of its Boston,
Massachusetts office, expanding its US presence in preparation of
becoming an active player in the US market and demonstrating
execution of its strategy.
Located in the heart of the largest national and
global life sciences hub, the new Boston office will serve as a
strategic location for Oculis to support its US operations in
anticipation of important near-term clinical and late-stage data
milestones such as results from Stage 1 of the Company’s Phase 3
DIAMOND study of OCS-01 in DME and the Phase 3 OPTIMIZE study of
OCS-01 in Inflammation and Pain following cataract surgery later
this year.
The expansion of Oculis’s presence in the US
accompanies the recent strengthening of its finance and development
team. This includes the hiring of Dr. Fang Li as the new US-based
Senior Vice President, Regulatory Affairs. Dr. Li brings to Oculis
over 25 years of drug development experience, having worked in
regulatory affairs for over 20 years with leading ophthalmology
companies such as Novartis, Alcon and Bausch & Lomb, among
others. She has extensive experience with health authority
interactions, FDA advisory committee meeting preparation, and
building and leading regulatory teams. She has a proven success
record in gaining product approvals in the US and other regions.
Throughout her career, she successfully led numerous FDA drug
approvals in ophthalmology including for Jetrea, Lotemax Ointment,
Systane Complete and worked on several other ophthalmology drug
products such as Beovu, Lotemax Gel, Besivance, and Vyzulta.
Riad Sherif, MD, CEO of Oculis,
said, “Together with the strengthening of our global
development team by hiring Dr Fang Li, the opening of our US
headquarters is a major milestone for Oculis and represents an
exciting new chapter for our team. Boston is a city with a long
history of innovation and world-renowned medical center and we are
excited to work with the rich pool of talent and partners available
in the area, and to take part in the local biotech ecosystem.”
About Oculis
Oculis is a global biopharmaceutical company
(Nasdaq: OCS) purposefully driven to save sight and improve eye
care. Oculis’s 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’s 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
Riad Sherif MD, CEOriad.sherif@oculis.com
Ms Sylvia Cheung, CFOsylvia.cheung@oculis.com
Media Relations
Consilium Strategic CommunicationsAmber Fennell, Tracy Cheung,
David Daleyoculis@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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