EyePoint Sues Ocular Therapeutix Over Alleged Defamation

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EyePoint Pharmaceuticals has filed a lawsuit against Ocular Therapeutix, alleging defamation, commercial disparagement, and tortious interference due to false statements made by Ocular Therapeutix about EyePoint’s lead retinal drug candidate, DURAVYU. EyePoint is seeking injunctive relief, a public retraction, and monetary damages. Spark, TipRanks’ AI Analyst, rates EYPT as Neutral due to strong program momentum offset by significant financial constraints, including widening losses and heavy cash burn.

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