Ocumension Therapeutics (HK:1477) has released an update.
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Ocumension Therapeutics reported a significant revenue increase of 61.6% for the first half of 2024, driven by strong sales of its ophthalmic products and contract manufacturing services. The company also saw a reduction in adjusted net loss, attributed to higher revenue and gross profits, alongside controlled marketing expenses. Promising clinical trial advancements were made with products such as OT-702 and OT-502, indicating potential future growth.
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