Why Did Histogenics Stock Drop?

The program was dropped last December after the FDA demanded to see more data before they would accept a BLA for review. Histogenics shareholders will now collectively hold 10% of the combined company, which will consist solely of Ocugen's lean team.

What caused Ocugen stock to fall?

Investors were concerned because the downward trend in COVID-19 cases in the United States could hurt the chances for the company's vaccine, which it is developing with India's Bharat Bioscience.

Is Ocugen Inc A Good Investment?

Ocugen has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.

Alexander Ross

Alexander Ross

Gaming, Esports & Interactive Media Writer

Alexander Ross has covered the video game industry for a decade, writing deep dives on game design, esports tournaments, VR developments, and gaming culture.