<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:ns2="http://www.sec.gov/edgar/common">
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        <submissionType>144</submissionType>
        <filerInfo>
            <filer>
                <filerCredentials>
                    <cik>0001580074</cik>
                    <ccc>XXXXXXXX</ccc>
                </filerCredentials>
            </filer>
            <liveTestFlag>LIVE</liveTestFlag>



        </filerInfo>
    </headerData>
    <formData>
        <issuerInfo>
            <issuerCik>0001372299</issuerCik>
            <issuerName>OCUGEN, INC.</issuerName>
            <secFileNumber>001-36751</secFileNumber>
            <issuerAddress>
                <ns2:street1>11 Great Valley Parkway</ns2:street1>
                <ns2:city>Malvern</ns2:city>
                <ns2:stateOrCountry>PA</ns2:stateOrCountry>
                <ns2:zipCode>19355</ns2:zipCode>
            </issuerAddress>
            <issuerContactPhone>(484) 328-4701</issuerContactPhone>
            <nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>RAMESH KUMAR</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
            <relationshipsToIssuer>
                <relationshipToIssuer>Director</relationshipToIssuer>
            </relationshipsToIssuer>
        </issuerInfo>
        <securitiesInformation>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <brokerOrMarketmakerDetails>
                <name>Morgan Stanley Smith Barney LLC Executive Financial Services</name>
                <address>
                    <ns2:street1>1 New York Plaza</ns2:street1>
                    <ns2:street2>8th Floor</ns2:street2>
                    <ns2:city>New York</ns2:city>
                    <ns2:stateOrCountry>NY</ns2:stateOrCountry>
                    <ns2:zipCode>10004</ns2:zipCode>
                </address>
            </brokerOrMarketmakerDetails>
            <noOfUnitsSold>116705</noOfUnitsSold>
            <aggregateMarketValue>145904.59</aggregateMarketValue>
            <noOfUnitsOutstanding>287857769</noOfUnitsOutstanding>
            <approxSaleDate>08/16/2024</approxSaleDate>
            <securitiesExchangeName>NASDAQ</securitiesExchangeName>
        </securitiesInformation>
        <securitiesToBeSold>
            <securitiesClassTitle>Common</securitiesClassTitle>
            <acquiredDate>08/16/2024</acquiredDate>
            <natureOfAcquisitionTransaction>Stock Option Exercise</natureOfAcquisitionTransaction>
            <nameOfPersonfromWhomAcquired>Issuer</nameOfPersonfromWhomAcquired>
            <isGiftTransaction>N</isGiftTransaction>
            <amountOfSecuritiesAcquired>116705</amountOfSecuritiesAcquired>
            <paymentDate>08/16/2024</paymentDate>
            <natureOfPayment>Cash</natureOfPayment>
        </securitiesToBeSold>
        <nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
        <noticeSignature>
            <noticeDate>08/16/2024</noticeDate>
            <planAdoptionDates/>
            <signature>/s/ Ramesh Kumar</signature>
        </noticeSignature>
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144
0001580074
XXXXXXXX
LIVE
0001372299
OCUGEN, INC.
001-36751
11 Great Valley Parkway
Malvern
PA
19355
(484) 328-4701
RAMESH KUMAR
Director
Common
Morgan Stanley Smith Barney LLC Executive Financial Services
1 New York Plaza
8th Floor
New York
NY
10004
116705
145904.59
287857769
08/16/2024
NASDAQ
Common
08/16/2024
Stock Option Exercise
Issuer
N
116705
08/16/2024
Cash
Y
08/16/2024
/s/ Ramesh Kumar