Stock Markets March 20, 2026

EyePoint sues Ocular Therapeutix, alleging false statements about Duravyu and company conduct

Massachusetts lawsuit accuses rival of defamation and commercial disparagement amid competing late-stage eye drug programs

By Sofia Navarro EYPT
EyePoint sues Ocular Therapeutix, alleging false statements about Duravyu and company conduct
EYPT

EyePoint Pharmaceuticals filed a complaint in Middlesex County Superior Court on March 20, accusing Ocular Therapeutix of disseminating false or misleading statements about EyePoint and its experimental eye drug Duravyu. The suit seeks injunctive relief, a public retraction, and monetary damages and legal fees. Ocular said it stands by its statements and will respond through the legal process.

Key Points

  • EyePoint filed a lawsuit on March 20 in Middlesex County Superior Court alleging Ocular Therapeutix made false or misleading statements about EyePoint and its experimental drug Duravyu.
  • Claims in the complaint include defamation, commercial disparagement, violations of Massachusetts consumer protection law, and interference with business relationships; remedies sought include a stop to the statements, a public retraction, and monetary damages and legal fees.
  • Duravyu is in late-stage studies for wet AMD and diabetic macular edema with wet AMD data expected beginning in mid-2026; Ocular’s Axpaxli recently met the primary goal of a key late-stage trial for wet AMD.

EyePoint Pharmaceuticals initiated legal action on March 20, filing a complaint in Middlesex County Superior Court for the Commonwealth of Massachusetts that accuses rival Ocular Therapeutix of making false or misleading statements about EyePoint and its lead experimental therapy, Duravyu.

The companies are direct competitors in efforts to develop longer-duration treatments for serious retinal diseases, including wet age-related macular degeneration - commonly referred to as wet AMD - which the complaint notes is a leading cause of vision loss in older adults.

According to the filing, EyePoint alleges that Ocular Therapeutix published statements that mischaracterized both the company and the clinical performance of Duravyu. The complaint lists multiple legal claims: defamation, commercial disparagement, violations of Massachusetts consumer protection law, and interference with business relationships.

EyePoint is asking the court to impose multiple remedies. The company requests that the court order Ocular Therapeutix to cease making the contested statements, require a public retraction, and award EyePoint monetary damages and reimbursement of its legal expenses.

"We’re confident in our statements and look forward to responding in the course of the legal process," an Ocular spokesperson said.

The suit comes as Duravyu is undergoing late-stage clinical evaluation for both wet AMD and diabetic macular edema, with Duravyu data for wet AMD expected beginning in mid-2026. The filing frames the dispute against a backdrop of active late-stage development for competing therapies.

Ocular Therapeutix has its own late-stage program for an eye drug, Axpaxli. The filing notes that Axpaxli met the main goal of a key late-stage trial last month by helping patients with wet AMD maintain their vision compared with Regeneron's approved drug Eylea.

The complaint centers on the alleged impact of Ocular Therapeutix's statements on EyePoint's business relationships and commercial standing. Beyond seeking to stop the statements and a public retraction, EyePoint is pursuing damages tied to the alleged harm caused.


Context and next steps

The case will proceed through the Massachusetts court system, where the parties can present evidence and arguments concerning the claims laid out in the complaint. Ocular has signaled it will defend the accuracy of its statements through the legal process.

No additional factual claims, outcomes or timelines beyond what is described in the complaint and company statements are presented in the filing.

Risks

  • Ongoing litigation could create legal costs and reputational exposure for the companies involved - this impacts the biotechnology and pharmaceutical sectors.
  • The dispute could distract management teams and affect commercial and research collaborations, particularly those related to ophthalmology and retinal disease treatments.
  • Public statements and counterclaims in the lawsuit may influence investor perception of the companies developing late-stage eye therapies, potentially affecting equity valuations in the biotech sector.

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