Ocugen shares surged 17% in premarket trading

Tiger Newspress2022-01-10

Ocugen shares surged 17% in premarket trading.

Ocugen(NASDAQ:OCGN)announced that a booster shot of the COVID-19 vaccine candidate it plans to commercialize in the U.S. generated overa 10-fold increase in antibody levels across a range of coronavirus variants.

Disclosing the Phase 2 data posted by its partner Bharat Biotech for Covaxin, Malvern, Pennsylvania-based biotech said that the studies on its effectiveness against the Omicron variant are currently ongoing, and the results would be reported shortly.

In the analysis of those aged 12 – 64 years who received the additional dose six months after the second dose, the wild-type neutralizing antibodies (PRNT50) GMTs rose in a month from the second dose. The antibody levels were detectable in more than 75% of all subjects even after six months from the second dose.

However, from a baseline at six months from the second dose, GMTs against Alpha, Beta, Delta, and Delta plus variants jumped 10·9, 161·0, 264·7, and 174·2 fold, respectively, a month after the booster.

The data on the booster shot indicated no serious adverse events, including hospitalization ordeath, the company added.The study results are yet to undergo peer review.

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Comments

Mm101
2022-01-11
Mm101
Like
股惑仔79
2022-01-10
股惑仔79
[What]
- Stephanie712:
  Good
koolgal
2022-01-10
koolgal
Wow a new booster shot by Ocugen that can generate 10 times antibodies against Covid-19 variants! That's awesome if it comes to fruition. 🚀🚀🚀🌙🌙🌙
MP88
2022-01-10
MP88
Yaya
Jayoh
2022-01-10
Jayoh
Hi
btoh
2022-01-10
btoh
K

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