OKYO Pharma Announces Purchase of Shares by Director
OKYO Pharma (Nasdaq: OKYO) reported that Non-Executive Director John Brancaccio purchased 5,000 ordinary shares on Nasdaq at $1.48 per share, increasing his total holding to 35,201 shares.
Rhea-AI Summary
OKYO Pharma (Nasdaq: OKYO) reported that Non-Executive Director John Brancaccio purchased 5,000 ordinary shares on Nasdaq at $1.48 per share, increasing his total holding to 35,201 shares. The company is a clinical-stage biopharmaceutical developer of investigational therapies for neuropathic corneal pain (NCP) and anterior segment eye diseases, with its ordinary shares listed on the Nasdaq Capital Market.
According to OKYO Pharma, the company plans to initiate a global Phase 3 pivotal clinical trial of urcosimod for NCP in the second half of this year, targeting enrollment of approximately 111 patients to assess a single-dose regimen.
Positive
- None.
Negative
- None.
Details
News Market Reaction – OKYO
In the Jul 23 session, OKYO declined 2.63%, reflecting a moderate negative market reaction. Argus tracked a peak move of +6.9% during that session. Our momentum scanner triggered 2 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
- Shares purchased
- 5,000 shares
- Director purchase on NASDAQ
- Purchase price
- $1.48 per share
- Director purchase
- Total holding
- 35,201 shares
- Director's holding after purchase
- Trial phase
- Phase 3
- Global pivotal clinical trial planned for NCP
- Planned enrollment
- Approximately 111 patients
- Planned Phase 3 trial for NCP
Historical Context
-
Director purchased 3,500 shares; the stock recorded a positive 24-hour reaction.
-
Chief medical officer purchased 20,000 shares; the stock recorded a positive 24-hour reaction.
-
Company presentation announcement preceded a positive 24-hour reaction in the following session.
-
Chairman purchased 25,000 shares; the stock recorded a positive 24-hour reaction.
-
Annual report cited funding and Phase 3 plans; shares recorded a negative reaction.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
neuropathic corneal pain medical
phase 3 pivotal clinical trial medical
single-dose regimen medical
AI-generated analysis. How Rhea-AI works. Not financial advice.
LONDON and NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (Nasdaq: OKYO), a clinical-stage biopharmaceutical company developing investigational therapies for the treatment of neuropathic corneal pain (NCP) and anterior segment eye diseases, today announced that OKYO Pharma’s Non-Executive Director, John Brancaccio has purchased 5,000 of the Company’s ordinary shares on NASDAQ at
About OKYO Pharma
OKYO Pharma Limited (Nasdaq: OKYO) is a clinical-stage biopharmaceutical company developing innovative therapies for the treatment of neuropathic corneal pain (NCP) and anterior segment eye diseases, with ordinary shares listed for trading on the Nasdaq Capital Market. OKYO plans to initiate a global Phase 3 pivotal clinical trial in the second half of this year, enrolling approximately 111 patients to evaluate a single-dose regimen of urcosimod for the treatment of NCP.
For further information, please visit www.okyopharma.com.
For further inquiries:
OKYO Pharma Ltd
Paul Spencer
Business Development and Investor Relations
+44 (0) 207 495 2379
Email: info@okyopharma.com
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.