OCGN Stock Tanks After Gene Therapy Trial Update — What Did Ocugen Announce?

Ocugen said 12-month Phase 2 trial data showed its drug OCU410 significantly reduced lesion growth at the dose planned for Phase 3.
In this photo illustration, the logo of US biotechnology company Ocugen Inc is displayed on a smartphone
In this photo illustration, the logo of US biotechnology company Ocugen Inc is displayed on a smartphone. (Photo Illustration by Timon Schneider/SOPA Images/LightRocket via Getty Images)
Profile Image
Rounak Jain·Stocktwits
Published Mar 24, 2026   |   8:24 AM EDT
Share
·
Add us onAdd us on Google

Ocugen Inc. (OCGN) shares tanked more than 14% in Tuesday’s pre-market trade after the company announced an update in its gene therapy trial for geographic atrophy (GA) secondary to dry age-related macular degeneration (dAMD).

Ocugen said 12-month Phase 2 trial data showed its drug OCU410 significantly reduced lesion growth at the dose planned for Phase 3.

Retail sentiment on Stocktwits around Ocugen trended in the ‘bearish’ territory, with message volumes at ‘high’ levels.

Get updates to this story developing directly on Stocktwits.

Also See: China’s Tesla Rival Li Auto Announces $1 Share Repurchase Program — LI Stock Gains

For updates and corrections, email newsroom[at]stocktwits[dot]com.

Follow on Google News
Read about our editorial guidelines and ethics policy