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Tim Fries

Ocular Therapeutix Jumps 18% Premarket After Turning Down Sanofi's $16-per-Share Takeover Offer

On January 15, 2026, Ocular Therapeutix stock climbed about 18% in premarket trading to $13.11 after the company rejected a $16 per share acquisition proposal from Sanofi. The move, backed by a strong cash position and a late-stage pipeline led by AXPAXLI (OTX-TKI), has reinforced investor expectations for upcoming Phase 3 trial readouts in wet age-related macular degeneration.