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EYPT

EyePoint

$2.37

0.115 (5.11%)

07:37
11/04/19
11/04
07:37
11/04/19
07:37

EyePoint announces addition of DEXYCU, YUTIQ to VA federal supply schedule

EyePoint Pharmaceuticals announced that it has signed an interim agreement with the U.S. Department of Veteran Affairs for DEXYCU and YUTIQ to be included on the Federal Supply Schedule, providing U.S. veterans and other federal government agencies with access to both products. The VA FSS contract will extend access to Eyepoint products to over nine million VA beneficiaries and others within the federal system. The final VA contract is expected to be executed in the next few months and have a five-year term.

  • 07

    Nov

EYPT EyePoint
$2.37

0.115 (5.11%)

11/13/18
HCWC
11/13/18
NO CHANGE
HCWC
Buy
Ocular Therapeutix now highly likely to receive J-code, says H.C. Wainwright
EyePoint Pharmaceuticals (EYPT) yesterday announced that the Centers for Medicare and Medicaid Services assigned a specific and permanent reimbursement J-code through the Healthcare Common Procedure Coding System for Dexycu, an injectable steroid administered after ocular surgery to control inflammation, H.C. Wainwright analyst Raghuram Selvaraju tells investors in a research note. This is an "exceptional event," as J-codes are usually issued to drugs used in office-based procedures and not to drugs associated with cataract surgery, which are reimbursed within a package price, says the analyst. He believes the Dexycu J-code indicates that CMS has changed its stance on steroids used in ocular surgery and is now willing to allow separate reimbursement for novel products in this category. This is "de-risking event" for Ocular Therapeutix's (OCUL) Dextenza, which has an FDA action date of December 28, Selvaraju says. He now believes it is highly likely that Dextenza could also secure a J-code after regulatory approval. The analyst reiterates a Buy rating on Ocular Therapeutix shares with a $10 price target.
09/11/19
GUGG
09/11/19
INITIATION
Target $4
GUGG
Buy
EyePoint initiated with a Buy at Guggenheim
Guggenheim analyst Dana Flanders initiated EyePoint with a Buy rating and $4 price target.
09/11/19
GUGG
09/11/19
INITIATION
Target $4
GUGG
Buy
EyePoint initiated with a Buy at Guggenheim
Guggenheim analyst Dana Flanders initiated EyePoint with a Buy rating and a $4 price target, saying a "compelling value proposition should drive strong Dexycu and Yutiq demand," citing improved complicance and favorable reimbursement as advantages over other options. Flanders said that commercial execution should drive EyePoint shares higher, and is also watching for M&A as the company builds its presence.

TODAY'S FREE FLY STORIES

MGTA

Magenta Therapeutics

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PFE

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UMRX

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MGTA

Magenta Therapeutics

$13.29

0.3 (2.31%)

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AUTL

Autolus Therapeutics

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BMY

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SGEN

Seattle Genetics

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0.37 (0.32%)

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GILD

Gilead

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1.16 (1.76%)

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  • 07

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CRTX

Cortexyme

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-6.15 (-18.01%)

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MNK

Mallinckrodt

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  • 07

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STOK

Stoke Therapeutics

$28.91

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APTO

Aptose Biosciences

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-0.04 (-1.54%)

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EPZM

Epizyme

$18.22

2.9 (18.93%)

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PRNB

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FB

Facebook

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AKS

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NUE

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STLD

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AA

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FATE

Fate Therapeutics

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  • 07

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CRVS

Corvus Pharmaceuticals

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KPTI

Karyopharm

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  • 07

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ABBV

AbbVie

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  • 07

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SRRA

Sierra Oncology

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  • 07

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SGMO

Sangamo

$11.65

0.05 (0.43%)

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Pfizer

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  • 07

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VSTM

Verastem

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  • 07

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RHHBY

Roche

$0.00

(0.00%)

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XENE

Xenon Pharmaceuticals

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0.03 (0.22%)

, BMRN

BioMarin

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  • 07

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