Oculis Holding AG said its Phase 3 DIAMOND-1 and DIAMOND-2 trials of OCS-01 eye drops for diabetic macular edema did not meet the primary endpoint. The failed efficacy readout is a material setback for the program and weakens the near-term commercial outlook for the asset. The news is likely to pressure Oculis shares and may prompt investors to reassess pipeline value.
Oculis Holding AG said its Phase 3 DIAMOND-1 and DIAMOND-2 trials of OCS-01 eye drops for diabetic macular edema did not meet the primary endpoint. The failed efficacy readout is a material setback for the program and weakens the near-term commercial outlook for the asset. The news is likely to pressure Oculis shares and may prompt investors to reassess pipeline value.
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