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OKYO Pharma Announces Chief Development Officer and Director Acquires Shares

Key Takeaway: OKYO Pharma Limited announced that Chief Development Officer Gary Jacob acquired 30,980 shares, increasing his total to 108,920. The company is developing Urcosimod, which has shown promise in reducing neuropathic corneal pain (NCP) in recent trials. Following positive results from a Phase 2a trial, OKYO plans to initiate a Phase 2b/3 study this year.
Price reaction · baseline $1.62 (2026-03-18 close) · hit pre-market · clean, no other OKYO news in the window
day 0 close
0%
day 1
-3.1%
day 3
-1.2%

Market Sentiment Analysis

POSITIVE FACTORS

  • Gary Jacob's acquisition of shares indicates confidence in the company.
  • Positive data from Phase 2a trial suggests effective treatment for NCP.
  • Plans for a Phase 2b/3 study demonstrate ongoing commitment to research.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+13%
120-day peak, hindsight
Typical move
9%
average across 7 past catalysts
Lead asset
OK-101
Phase 2 · Dry Eye Disease

Full Press Release Details

London and New York, NY, March 19, 2026. OKYO Pharma Limited (NASDAQ: OKYO ), a clinical-stage biopharmaceutical company developing investigational therapies for the treatment of neuropathic corneal pain (NCP) and for inflammatory eye diseases, today announced it has been informed that Gary Jacob, Chief Development Officer and Director, has acquired 30,980 of the Company’s ordinary shares on NASDAQ at $1.59, bringing his total holding to 108,920 shares.
About Urcosimod (formerly called OK-101)
Urcosimod is a lipid conjugated chemerin peptide agonist of the ChemR23 G-protein coupled receptor which is typically found on immune cells of the eye responsible for the inflammatory response, as well as on neurons and glial cells in the dorsal root ganglion. Urcosimod has been shown to produce anti-inflammatory and pain-reducing activities in a mouse model of dry eye disease and in a neuropathic corneal pain mouse model, respectively. OKYO recently announced positive data on NCP pain reduction in a randomized, placebo-controlled, double-masked Phase 2a trial involving 18 neuropathic corneal pain subjects. Urcosimod has shown significant pain reduction in an earlier 240 subject Phase 2, multi-center, double-masked, placebo-controlled trial in DED, which supports the development rationale in NCP.
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 inflammatory eye diseases, with ordinary shares listed for trading on the Nasdaq Capital Market. OKYO is focused on the discovery and development of novel molecules to treat neuropathic corneal pain and other ocular diseases. OKYO recently completed a successful phase 2 trial of its flagship drug urcosimod in subjects with NCP and plans to initiate a ~150 subject Phase 2b/3 multiple-dose study of urcosimod to treat NCP in the first half of this year.
For further information, please visit www.okyopharma.com .
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Frequently Asked Questions

Who is the Chief Development Officer of OKYO Pharma?

Gary Jacob is the Chief Development Officer and Director of OKYO Pharma.

What recent trial results did OKYO Pharma announce?

OKYO announced positive results from a Phase 2a trial for neuropathic corneal pain.

What is Urcosimod used for?

Urcosimod is developed for treating neuropathic corneal pain and inflammatory eye diseases.

How many shares did Gary Jacob acquire?

Gary Jacob acquired 30,980 shares, increasing his total to 108,920 shares.

Last updated: Mar 19, 2026