Ocugen Eases on Tests

Ocugen, Inc. (OCGN) shares fell slightly as the company announced the first patient was dosed in a global Phase 3 trial for OCU410, a gene therapy candidate for dry age-related macular degeneration. The FDA granted OCU410 RMAT designation, potentially accelerating development. Ocugen aims to offer a one-time treatment for the condition, with no approved treatments outside the U.S. and limited options in the U.S.

Ocugen, Inc. (OCGN) filed an SEC Form 8-K — Results of Operations and Financial Condition. Exhibit 99.1 Ocugen Provides Business Update with Second Quarter 2026 Financial Results Conference Call and Webcast Today at 8:30 a.m. ET · Received U.S. Food and Drug Administration (FDA) clearance to initiate OCU410 Phase 3 trial for geographic atrophy (GA), secondary to dry ag

Ocugen (NASDAQ: OCGN) said it signed a binding term sheet to negotiate an exclusive license for its OCU400 modifier gene therapy for retinitis pigmentosa in the Middle East and North Africa with Roots Pharmaceutical and Al-Dhow International Holding. Ocugen expects up to $4 million in upfront and near-term milestones, up to $255 million in sales milestones, and 22% royalties on net sales. Ocugen will manufacture OCU400, with a definitive deal expected within 90 days.

Amgen (AMGN) reported Repatha reduced all-cause mortality by 20% in a secondary analysis of the VESALIUS-CV trial. The study involved over 12,000 high-risk adults without prior heart attacks or strokes. Repatha also lowered cardiovascular risks and LDL-C levels. Amgen aims to expand use before first major cardiovascular events, citing 15 years of clinical trials and global use in 9 million patients.

SpaceX filed for its first orbital Starship flight, which could add Starlink capacity. Elon Musk highlighted AI's power crisis, with SpaceX's turbine casting seen as a long-term solution. SB Energy's S-1 filing shows AI companies' capital commitments. Nvidia agreed to acquire Hugging Face for up to $12.9 billion.

AMD unveiled two AI-focused hardware platforms at IFA 2026: the Ryzen AI Max Pro 400 (Kraken Halo) and the Threadripper Halo Station. The former, with unified memory, can run 300-billion-parameter AI models locally. The latter, a liquid-cooled workstation, supports over 1-trillion-parameter models. AMD claims local AI reduces costs versus cloud-based solutions, citing industry data on token usage and pricing.