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Ocular Therapeutix prices IPO below the range at $13

July 25, 2014

Ocular Therapeutix, which develops eye therapies using a sustained-release hydrogel platform, raised $65 million by offering 5 million shares at $13, below the range of $14 to $16. Ocular Therapeutix plans to list on the NASDAQ under the symbol OCUL. Ocular Therapeutix initially filed confidentially on 4/29/2014. Morgan Stanley, Cowen & Company and RBC Capital Markets acted as lead managers on the deal.