LOGO
LOGO

Quick Facts

Why Oculis Is Rising In Pre-market?

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Oculis Holding AG (OCS) announced that its neuroprotective candidate Privosegtor was granted breakthrough therapy designation by the FDA for treatment of optic neuritis. In the ACUITY trial, Privosegtor produced substantial vision improvements on the 2.5% ETDRS Low Contrast Letter Acuity chart. Patients receiving Privosegtor 3 mg/kg/day plus IV methylprednisolone gained an average of 18 letters at three months compared with placebo plus IV methylprednisolone.

Mark Kupersmith, Chief Medical Advisor, Neuro-Ophthalmology, said: "The ACUITY trial delivered truly groundbreaking results, demonstrating for the first time in a single study that a drug candidate consistently improves visual function alongside anatomical and biological evidence of neuroprotective benefit."

In pre-market trading on NasdaqGM, Oculis shares are up 8.9 percent to $21.52.

For More Such Health News, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19