BRIEF-Ocuphire Pharma announces acquisition of Opus Genetics

Reuters

2024/10/23

Oct 22 (Reuters) - Ocuphire Pharma Inc :

* OCUPHIRE PHARMA ANNOUNCES ACQUISITION OF OPUS GENETICS

* OCUPHIRE PHARMA INC - PROJECTED CASH RUNWAY EXTENDED INTO 2026

* OCUPHIRE PHARMA INC - COMBINED COMPANY TO BE RENAMED OPUS GENETICS, TRADING AS 'IRD'

* OCUPHIRE PHARMA INC - GEORGE MAGRATH TO CONTINUE AS CEO OF COMBINED COMPANY

* OCUPHIRE PHARMA INC - STOCKHOLDERS TO OWN 58%, OPUS GENETICS STOCKHOLDERS 42% OF COMBINED CO

* OCUPHIRE PHARMA INC - LYNX-2 PHASE 3 TRIAL ON TRACK FOR TOP-LINE DATA IN Q1 2025

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

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