BRIEF-Ocuphire Pharma announces acquisition of Opus Genetics-March 2024-www.financetom.com

BRIEF-Ocuphire Pharma announces acquisition of Opus Genetics

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BRIEF-Ocuphire Pharma announces acquisition of Opus Genetics

Oct 22, 2024 2:53 PM

Oct 22 (Reuters) - Ocuphire Pharma Inc ( OCUP ):

* OCUPHIRE PHARMA ANNOUNCES ACQUISITION OF OPUS GENETICS

* OCUPHIRE PHARMA INC ( OCUP ) - PROJECTED CASH RUNWAY EXTENDED INTO

2026

* OCUPHIRE PHARMA INC ( OCUP ) - COMBINED COMPANY TO BE RENAMED OPUS

GENETICS, TRADING AS 'IRD'

* OCUPHIRE PHARMA INC ( OCUP ) - GEORGE MAGRATH TO CONTINUE AS CEO OF

COMBINED COMPANY

* OCUPHIRE PHARMA INC ( OCUP ) - STOCKHOLDERS TO OWN 58%, OPUS

GENETICS

STOCKHOLDERS 42% OF COMBINED CO

* OCUPHIRE PHARMA INC ( OCUP ) - LYNX-2 PHASE 3 TRIAL ON TRACK FOR

TOP-LINE

DATA IN Q1 2025

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