OKYO Pharma Limited

OKYO Pharma Limited

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OKYO Pharma LimitedUS flagOther OTC
0.01
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22.73MMarket Cap
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Capital Structure

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Working Capital

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Quarterly Revenue

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Quarterly Dividends Per Share

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Company Description

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CEO
Gary S. Jacob
Full Time Employees
7
Sector
Healthcare
Industry
Biotechnology
Address
55 Park Lane London United Kingdom W1K 1NA
IPO Date
Oct 9, 2020
Business
OKYO Pharma Limited (NASDAQ: OKYO) is a clinical-stage biopharmaceutical company focused on developing innovative GPCR-based therapies for ocular diseases with significant unmet medical needs, including neuropathic corneal pain, dry eye disease, allergic conjunctivitis, and uveitis. The company offers a pipeline of proprietary drug candidates, notably urcosimod (formerly OK-101), a lipid-conjugated chemerin peptide agonist that functions as a non-steroidal anti-inflammatory and non-opioid analgesic by targeting the ChemR23 G-protein coupled receptor to reduce inflammation and neuropathic pain in ocular tissues; OK-201, an agonist for MAS-Related G Protein-Coupled Receptor (MRGPR) aimed at acute and chronic ocular pain management via novel topical and nasal formulations; and earlier-stage discovery programs for additional non-opioid analgesics and ocular therapies. Founded in 2007 and headquartered in London, United Kingdom, with operations spanning the US and UK, OKYO Pharma targets patients suffering from inflammatory eye diseases and chronic ocular pain, particularly in markets like the $5 billion dry eye sector affecting over 700 million people worldwide. Recent developments include the initiation of a Phase 2 clinical trial for urcosimod in neuropathic corneal pain in Q3 2024, following completion of a Phase 2 trial for dry eye disease in Q4 2023 that demonstrated statistically significant results across multiple endpoints; FDA clearance of its investigational new drug application as the first for NCP; plans for a multiple-ascending-dose trial to identify optimal dosing ahead of pivotal studies; and share acquisitions by entities linked to Executive Chairman Gabriele Cerrone in 2025, increasing his holdings to over 10.4 million ordinary shares, signaling strong insider confidence.

Company News

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