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OKYO Pharma CEO Interview to Air on Bloomberg TV

Key Takeaway: OKYO Pharma Limited has announced that CEO Dr. Gary S. Jacob will be featured on Bloomberg TV's RedChip Small Stocks, Big Money show on August 24. The interview will focus on ongoing developments at OKYO, including the recent Phase 2 trial results of OK-101 for Dry Eye Disease (DED) and future plans for treating Neuropathic Corneal Pain (NCP). The lead candidate, OK-101, demonstrated significant efficacy and safety in the trial. The company remains well-positioned in the ocular therapeutics market with its strong patent portfolio and experienced leadership.
Price reaction · baseline $1.04 (2024-08-22 close) · hit after-hours · 2 other OKYO headline(s) in the window, move may be shared
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Market Sentiment Analysis

POSITIVE FACTORS

  • The CEO's appearance on Bloomberg TV may increase visibility and investor interest.
  • OK-101 has shown promising results in a recent Phase 2 trial for DED, significantly improving symptoms.
  • The company holds strong patent protection through at least 2039, ensuring market exclusivity.
  • OKYO has an experienced management team with a successful track record in clinical development.

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, Aug. 23, 2024 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (NASDAQ: OKYO), a clinical-stage biopharmaceutical company developing innovative ocular therapies for the treatment of inflammatory dry eye disease (DED), a multi-billion-dollar market, and anterior ocular segment diseases including neuropathic corneal pain (NCP), an ocular condition associated with pain but without an FDA approved therapy, announced today an interview with its CEO, Dr. Gary S. Jacob will air on The RedChip Small Stocks, Big Money™ show on Bloomberg TV, this Saturday, August 24, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.
In an exclusive interview, Gary S. Jacob, PhD, CEO of OKYO Pharma, appears on the RedChip Small Stocks Big Money™ show on Bloomberg TV to provide a corporate update. OKYO is a clinical-stage biopharmaceutical company developing innovative therapies for the treatment of Dry Eye Disease (DED) and Neuropathic Corneal Pain (NCP), two areas with significant unmet medical needs. Leveraging a unique lipid-conjugated chemerin peptide, OKYO’s lead candidate, OK-101, is designed to address inflammation and pain more effectively than current treatments. The recent Phase 2 trial for DED demonstrated notable improvements in both symptoms and signs within just 15 days, with a favorable safety profile and no drug-related serious adverse events. Moreover, OK-101 also offers a significant opportunity to treat the ocular disease called NCP, with no FDA approved drug to treat patients suffering from this acute, chronic, ocular condition. OKYO’s robust patent protection through at least 2039, plus an experienced management team, with proven success in clinical development through FDA approval, underscore its strong positioning for future growth in ophthalmology therapeutics.
A replay will be available in the Investor media section of the Company’s website https://okyopharma.com/media/
OK-101 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. OK-101 was developed using a membrane-anchored-peptide technology to produce a novel long-acting drug candidate for treating dry eye disease. OK-101 has been shown to produce anti-inflammatory and pain-reducing efficacy signals in mouse models of dry eye disease and corneal neuropathic pain (NCP), respectively, and is designed to combat washout through the inclusion of the lipid anchor built into the drug molecule to enhance the residence time of OK-101 within the ocular environment. OK-101 recently showed statistical significance in multiple endpoints in a recently completed Phase 2, multi-center, double-blind, placebo-controlled trial of OK-101 to treat DED.
OKYO Pharma Limited (NASDAQ: OKYO) is a clinical stage biopharmaceutical company developing innovative therapies for the treatment of DED and NCP, with ordinary shares listed for trading on the NASDAQ Capital Market. OKYO is focused on the discovery and development of novel molecules to treat inflammatory DED and ocular pain. In addition to the recently completed Phase 2 DED trial, OKYO also has plans underway for the opening of a Phase 2 trial for OK-101 to treat NCP in patients with this debilitating condition. For further information, please visit www.okyopharma.com.
OKYO Pharma Limited Gary S. Jacob, Chief Executive Officer 917-497-7560
Business Development & Investor Relations Paul Spencer +44 (0)20 7495 2379

Frequently Asked Questions

What diseases does OKYO Pharma develop treatments for?

OKYO Pharma develops therapies for Dry Eye Disease (DED) and Neuropathic Corneal Pain (NCP).

When will the interview with OKYO's CEO air?

The interview will air on August 24 at 7 p.m. Eastern Time on Bloomberg TV.

What is OK-101?

OK-101 is a lipid-conjugated chemerin peptide designed to reduce inflammation and pain.

What were the results of the Phase 2 trial for DED?

The Phase 2 trial for DED showed notable symptom improvement within 15 days.

How long is OKYO's patent protection effective?

OKYO's patent protection is secured through at least 2039.

Last updated: Aug 23, 2024