OKYO Pharma (Nasdaq: OKYO) director adds 3,500 shares at $1.40
Rhea-AI Filing Summary
OKYO Pharma Limited reported that Chief Development Officer and Director Gary S. Jacob, PhD purchased 3,500 of the company’s ordinary shares on Nasdaq at $1.40 per share, increasing his total holdings to 112,420 ordinary shares.
The clinical-stage biopharmaceutical company develops 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.
Positive
- None.
Negative
- None.
Key Figures
Shares purchased: 3,500 ordinary shares
Purchase price: $1.40 per share
Total insider holdings: 112,420 ordinary shares
+1 more
4 metrics
Shares purchased
3,500 ordinary shares
Ordinary shares purchased on Nasdaq by Chief Development Officer and Director Gary S. Jacob, PhD
Purchase price
$1.40 per share
Price paid per ordinary share in the insider purchase on Nasdaq
Total insider holdings
112,420 ordinary shares
Holdings of Gary S. Jacob, PhD after completing the reported purchase
Planned Phase 3 enrollment
approximately 111 patients
Expected enrollment for global Phase 3 pivotal urcosimod trial in 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) and anterior"
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
"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 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
"enrolling approximately 111 patients to evaluate a single-dose regimen of urcosimod for the treatment"
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
"to evaluate a single-dose regimen of urcosimod for the treatment of NCP"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What is OKYO (OKYO) developing as its main therapeutic focus?
OKYO Pharma is a clinical-stage biopharmaceutical company developing therapies for neuropathic corneal pain (NCP) and anterior segment eye diseases. Its programs include the investigational drug urcosimod, which is planned to be evaluated in a pivotal Phase 3 clinical trial for NCP.
What Phase 3 trial is OKYO (OKYO) planning to start?
OKYO plans to initiate 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 treatment regimen.
