Nicox (OTCMKTS:NICXF) Upgraded to “Hold” by Zacks Investment Research

Zacks Investment Research upgraded shares of Nicox (OTCMKTS:NICXF) from a sell rating to a hold rating in a report issued on Thursday, Zacks.com reports.

According to Zacks, “Nicox S.A. is an international ophthalmology company developing innovative solutions to help maintain vision and improve ocular health. By leveraging their proprietary expertise in nitric oxide (NO) donation and other technologies, they are developing an extensive portfolio of novel product candidates that target multiple ophthalmic conditions, including glaucoma. Their portfolio includes three programs in development including NCX 470 for intraocular pressure lowering, based on their proprietary NO-donating research platform and NCX 4251, a proprietary formulation of the well-established molecule fluticasone, for acute exacerbations of blepharitis. Their research activities are focused on novel future generation NO-donors including NO-donating phosphodiesterase-5 (PDE5) inhibitors and NO-donating soluble guanylate cyclase (sGC) stimulators (in partnership with Ironwood). “

Shares of NICXF opened at $5.10 on Thursday. Nicox has a 12-month low of $4.36 and a 12-month high of $6.46. The firm’s fifty day moving average price is $5.10.

About Nicox

Nicox SA, an ophthalmology company, develops solutions to maintain ocular health in France and internationally. It offers VYZULTA, a latanoprostene bunod ophthalmic solution for open angle glaucoma or ocular hypertension; ZERVIATE, a cetirizine ophthalmic solution for the treatment of ocular itching associated with allergic conjunctivitis; and NCX 4280, an ophthalmic solution that targets morning eye congestion.

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