OKYO Pharma (Nasdaq: OKYO) CMO purchases 20,000 shares on market
Rhea-AI Filing Summary
OKYO Pharma reported that its Chief Medical Officer, Flavio Mantelli, MD, PhD, purchased 20,000 ordinary shares of the company on Nasdaq at $1.40 per share.
The company is a clinical-stage biopharmaceutical developer of therapies for neuropathic corneal pain (NCP) and anterior segment eye diseases and 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 NCP.
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Key Figures
CMO share purchase: 20,000 shares
Purchase price: $1.40 per share
Planned trial enrollment: approximately 111 patients
+1 more
4 metrics
CMO share purchase
20,000 shares
Ordinary shares bought on Nasdaq by Chief Medical Officer
Purchase price
$1.40 per share
Price paid for ordinary shares on Nasdaq
Planned trial enrollment
approximately 111 patients
Planned global Phase 3 pivotal clinical trial in NCP
Trial phase
Phase 3
Planned pivotal clinical trial of urcosimod for neuropathic corneal pain
Key Terms
neuropathic corneal pain (NCP), anterior segment eye diseases, Phase 3 pivotal clinical trial, single-dose regimen, +1 more
5 terms
neuropathic corneal pain (NCP) medical
"developing investigational therapies for the treatment of neuropathic corneal pain (NCP)"
Neuropathic corneal pain is chronic eye pain caused by damage or abnormal signaling in the nerves of the cornea, producing burning, stinging, or painful sensitivity often without visible surface injury. It matters to investors because it creates demand for specialized diagnostics and long‑term treatments distinct from standard eye drops—think of it like phantom limb pain for the eye—making it a potential market for new therapies and medical devices.
anterior segment eye diseases medical
"developing innovative therapies for the treatment of 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 of this year"
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 clinical trial is OKYO (OKYO) planning for neuropathic corneal pain?
OKYO plans a global Phase 3 pivotal trial for urcosimod in neuropathic corneal pain (NCP). The study is expected in the second half of this year and will enroll approximately 111 patients to evaluate a single-dose regimen.
What therapeutic areas is OKYO (OKYO) focused on?
OKYO Pharma is developing therapies for neuropathic corneal pain (NCP) and anterior segment eye diseases. It is a clinical-stage biopharmaceutical company with ordinary shares listed on the Nasdaq Capital Market under the symbol OKYO.
