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Ocugen Inc (OCGN)
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Upturn Advisory Summary
01/17/2025: OCGN (3-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 15.41% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance 2.0 | Stock Returns Performance 2.0 |
Profits based on simulation | Last Close 01/17/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 206.84M USD | Price to earnings Ratio - | 1Y Target Price 6.25 |
Price to earnings Ratio - | 1Y Target Price 6.25 | ||
Volume (30-day avg) 5599030 | Beta 3.77 | 52 Weeks Range 0.49 - 2.10 | Updated Date 01/19/2025 |
52 Weeks Range 0.49 - 2.10 | Updated Date 01/19/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.19 |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) -1166.55% |
Management Effectiveness
Return on Assets (TTM) -47.98% | Return on Equity (TTM) -103.29% |
Valuation
Trailing PE - | Forward PE 15.22 | Enterprise Value 174924398 | Price to Sales(TTM) 44.01 |
Enterprise Value 174924398 | Price to Sales(TTM) 44.01 | ||
Enterprise Value to Revenue 37.22 | Enterprise Value to EBITDA -1.95 | Shares Outstanding 291320000 | Shares Floating 283905482 |
Shares Outstanding 291320000 | Shares Floating 283905482 | ||
Percent Insiders 1.27 | Percent Institutions 27.54 |
AI Summary
Ocugen Inc. (OCGN): A Comprehensive Overview
Company Profile:
Detailed History and Background:
Ocugen Inc. is a clinical-stage biopharmaceutical company founded in 2013 and headquartered in Malvern, Pennsylvania. The company focuses on discovering, developing, and commercializing novel gene and cell therapies for ophthalmic, neurodegenerative, and infectious diseases.
Core Business Areas:
- Ophthalmology: Ocugen's lead ophthalmology program is OCU400, a gene therapy for the treatment of wet age-related macular degeneration (wet AMD).
- Neurodegenerative Diseases: Ocugen is developing gene therapy candidates for the treatment of neurodegenerative diseases such as Rett syndrome and Parkinson's disease.
- Infectious Diseases: Ocugen has partnered with Bharat Biotech to co-develop and commercialize Covaxin, a whole-virion inactivated COVID-19 vaccine.
Leadership Team and Corporate Structure:
Ocugen's leadership team includes:
- Shankar Musunuri, Ph.D.: Chairman and Chief Executive Officer
- Amarpreet Sawhney, M.D.: President and Chief Operating Officer
- Jose-Olivier Goy, M.D., Ph.D.: Chief Medical Officer
- Matthew Wolfgang, MBA: Chief Financial Officer
The company has a Board of Directors composed of experienced individuals with expertise in biopharmaceuticals, finance, and law.
Top Products and Market Share:
- Ophthalmology: OCU400 is currently in Phase 3 clinical trials for wet AMD. The wet AMD market is estimated to be worth over $10 billion globally.
- COVID-19 Vaccine: Covaxin is approved for emergency use in several countries, including India and Mexico.
Financial Performance:
Ocugen is a pre-revenue company, and its financial performance is primarily driven by research and development expenses. The company has reported net losses in recent years.
Dividends and Shareholder Returns:
Ocugen does not currently pay dividends. Shareholder returns have been negative in recent years.
Growth Trajectory:
Ocugen's growth trajectory is dependent on the success of its clinical trials and commercialization efforts. The company has several potential catalysts in the coming years, including the potential approval of OCU400 and Covaxin in additional markets.
Market Dynamics:
The ophthalmology and infectious disease markets are large and growing. However, the markets are also highly competitive, with several established players.
Competitors:
- Ophthalmology: Regeneron Pharmaceuticals (REGN), Novartis (NVS), Roche (RHHBY)
- COVID-19 Vaccines: Pfizer (PFE), Moderna (MRNA), Johnson & Johnson (JNJ)
Potential Challenges and Opportunities:
Challenges:
- Obtaining regulatory approval for its product candidates
- Successfully commercializing its products
- Competing with established players
Opportunities:
- Large and growing markets for its products
- Potential for first-mover advantage in certain markets
- Strategic partnerships with larger companies
Recent Acquisitions (last 3 years):
Ocugen has not made any acquisitions in the last 3 years.
AI-Based Fundamental Rating:
Based on an AI-based analysis, Ocugen Inc. receives a rating of 6 out of 10. This rating is based on a combination of factors, including the company's financial health, market position, and future prospects.
Sources and Disclaimers:
- Ocugen Inc. website: https://www.ocugen.com/
- SEC filings: https://www.sec.gov/edgar/search/companysearch.html?company=ocugen&filenum=&State=&Country=&SIC=&myowner=exclude&action=getcompany
- Market research reports: https://www.grandviewresearch.com/industry-analysis/ophthalmology-market
- Disclaimer: This information is for educational purposes only and should not be considered financial advice. Please consult with a qualified financial advisor before making any investment decisions.
This overview provides a comprehensive analysis of Ocugen Inc. The company's future success will depend on the execution of its clinical development and commercialization plans.
About Ocugen Inc
Exchange NASDAQ | Headquaters Malvern, PA, United States | ||
IPO Launch date 2014-12-03 | Co-Founder, CEO & Chairman Dr. Shankar Musunuri M.B.A., Ph.D. | ||
Sector Healthcare | Industry Biotechnology | Full time employees 65 | Website https://www.ocugen.com |
Full time employees 65 | Website https://www.ocugen.com |
Ocugen, Inc., a clinical-stage biopharmaceutical company, focuses on discovering, developing, and commercializing novel gene and cell therapies and vaccines that improve patients' health. The company's pipeline product includes OCU400, a novel gene therapy product candidate restoring retinal integrity and function across a range of genetically diverse inherited retinal diseases, currently under Phase 3 trials for the treatment of retinitis pigmentosa and Phase 1/2 trials for the treatment of leber congenital amaurosis; OCU410, a gene therapy under phase 1/2 for the treatment of dry age-related macular degeneration (AMD); and OCU410ST, a gene therapy under phase 1/2 for the treatment of Stargardt disease. It is also involved in the development of OCU200, a novel fusion protein that is in preclinical development stage for the treatment of diabetic macular edema, diabetic retinopathy, and wet age-related macular degeneration; and NeoCart, an autologous chondrocyte-derived neocartilage, currently under Phase 3 studies indicated for the repair of knee cartilage injuries in adult. In addition, the company is developing OCU500, a COVID-19 vaccine; OCU510, a seasonal quadrivalent flu vaccine; and OCU520, a combination quadrivalent seasonal flu and COVID-19 vaccine. It has collaboration agreements with National Institute of Allergy and Infectious Diseases for early clinical studies for the OCU500 program; and a strategic partnership with CanSino Biologics Inc. for manufacturing its modifier gene therapy pipeline product candidates. The company was founded in 2013 and is headquartered in Malvern, Pennsylvania.
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