BUZZ Ocugen rises on promising data for COVID-19 vaccine candidate

  • 12/15/2021
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** Shares of biopharma co (OCGN.O) up ~8% at $5.21 premarket ** A third-party study shows co"s vaccine candidate, Covaxin, to generate a robust immune memory to COVID-19 and variants of concern for at least six months after vaccination ** Immune memory is the ability of the immune system to respond more rapidly and effectively to pathogens that have been encountered previously ** "In addition to controlling infections, the adaptive immune system creates immunological memory, such as memory B and T cells, to enable long-term protection against a virus" – co ** OCGN is currently testing Covaxin against the Omicron variant and plans to share the data as soon as they are available ** Last month, U.S. FDA issued clinical hold on its application seeking clearance to begin clinical trial of Covaxin ** The vaccine has been approved for emergency use by the World Health Organization read more ** Up to Tuesday"s close, stock had risen 162.84% YTD Reporting by Oishee Majumdar in Bengaluru Our Standards: The Thomson Reuters Trust Principles.

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