OKYO Pharma (Nasdaq: OKYO) CEO purchases 15,000 company shares
Rhea-AI Filing Summary
OKYO Pharma Limited reported that Chief Executive Officer Robert J. Dempsey purchased 15,000 ordinary shares of the company on Nasdaq at $1.54 per share on July 23, 2026.
OKYO is a clinical-stage biopharmaceutical company developing therapies for neuropathic corneal pain and anterior segment eye diseases and plans a global Phase 3 pivotal trial of urcosimod in the second half of this year, enrolling approximately 111 patients on a single-dose regimen.
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Key Figures
CEO share purchase: 15,000 ordinary shares
Purchase price: $1.54 per share
Planned Phase 3 trial size: approximately 111 patients
+1 more
4 metrics
CEO share purchase
15,000 ordinary shares
Purchased on Nasdaq by CEO Robert J. Dempsey
Purchase price
$1.54 per share
Price paid for ordinary shares in the CEO’s purchase
Planned Phase 3 trial size
approximately 111 patients
Planned enrollment for global Phase 3 urcosimod NCP trial
Announcement date
July 23, 2026
Date of news announcing the CEO’s share purchase
Key Terms
neuropathic corneal pain, anterior segment eye diseases, Phase 3 pivotal clinical trial, single-dose regimen, +1 more
5 terms
neuropathic corneal pain medical
"developing investigational therapies for the treatment of neuropathic corneal pain (NCP)"
Neuropathic corneal pain is chronic, often severe eye pain caused by damage or malfunction in the tiny nerves of the cornea, where the eye surface can feel burning, stinging, or like something is in it despite little visible damage. It matters to investors because it represents a persistent, hard-to-treat medical need that drives demand for new drugs, diagnostics, devices and regulatory approvals, similar to how fixing a frayed electrical wire stops false alarm signals.
anterior segment eye diseases medical
"therapies for the treatment of neuropathic corneal pain (NCP) and anterior segment eye diseases"
Diseases of the anterior segment of the eye are medical conditions that affect the front part of the eye—including the cornea, iris, lens, and the front chamber—similar to damage or fogging on a car’s windshield that interferes with vision. They matter to investors because this category drives demand for drugs, surgical devices, diagnostic tools, and clinical trials; prevalence, regulatory approvals, and reimbursement decisions can directly affect companies’ revenues and valuations.
Phase 3 pivotal clinical trial medical
"plans to initiate a global Phase 3 pivotal clinical trial in the second half"
A phase 3 pivotal clinical trial is the late-stage, large-scale human study designed to confirm a medical treatment’s safety and effectiveness and provide the main evidence regulators use to decide on approval. For investors it’s a make-or-break test: a successful result is like a final dress rehearsal that clears the way for product launch and future sales, while failure can halt development and erase expected value.
single-dose regimen medical
"to evaluate a single-dose regimen of urcosimod for the treatment of NCP"
A single-dose regimen is a treatment plan in which a medication or vaccine is administered just once to produce the intended protective or therapeutic effect, rather than through multiple injections or pills over days or weeks. It matters to investors because single-dose products can simplify distribution, lower treatment costs, improve patient adherence, and change market demand and regulatory review timelines—much like a one-time purchase versus an ongoing subscription.
urcosimod medical
"evaluate a single-dose regimen of urcosimod for the treatment of NCP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What kind of company is OKYO (OKYO)?
OKYO Pharma is a clinical-stage biopharmaceutical company developing therapies for neuropathic corneal pain and anterior segment eye diseases. Its ordinary shares trade on the Nasdaq Capital Market under the ticker OKYO.
What clinical trial is OKYO (OKYO) planning for urcosimod?
OKYO plans a global Phase 3 pivotal clinical trial of urcosimod for neuropathic corneal pain in the second half of this year. The study is expected to enroll approximately 111 patients using a single-dose regimen.
How many patients will the planned OKYO (OKYO) Phase 3 trial enroll?
The planned global Phase 3 pivotal trial of urcosimod for neuropathic corneal pain will enroll approximately 111 patients. The study will evaluate a single-dose regimen and is scheduled to start in the second half of this year.
