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OKYO Pharma to Participate at the 4th Annual BTIG Ophthalmology Conference

Key Takeaway: OKYO Pharma Limited announced its participation in the 4th Annual BTIG Ophthalmology Conference on December 2, 2024, where CEO Gary S. Jacob will engage in discussions and a fireside chat. The presentation will focus on their advancements in treating neuropathic corneal pain (NCP) and inflammatory dry eye disease (DED) with their drug candidate, OK-101. This drug has shown anti-inflammatory and pain-reducing effects in trials and represents a significant step in addressing conditions currently lacking FDA-approved treatments.

Market Sentiment Analysis

POSITIVE FACTORS

  • Participation in a prestigious ophthalmology conference highlights company visibility.
  • Innovation in treatment for neuropathic corneal pain and dry eye disease shows promise.
  • Positive results from recent Phase 2 trials indicate potential for market impact.

Full Press Release Details

LONDON and NEW YORK, Nov. 26, 2024 (GLOBE NEWSWIRE) -- OKYO Pharma Limited (NASDAQ: OKYO), a clinical-stage biopharmaceutical company developing innovative therapies for the treatment of neuropathic corneal pain (NCP), a severe ocular condition without an FDA approved therapy, and for inflammatory dry eye disease (DED), a multi-billion-dollar market, is pleased to announce that its CEO, Gary S. Jacob, Ph.D., will be participating in one on one meetings and a fireside chat at the 4th Annual Virtual BTIG Ophthalmology Day on Monday, December 2nd, 2024. More than 20 public and private medical technology and biotechnology companies will be participating in BTIG’s event. Panel discussion topics will include exploring the latest developments and trends within ophthalmic medical technologies and therapeutics.
Presentation Information:
Event: 4th Annual BTIG Ophthalmology Day
Participant: Dr. Gary S. Jacob, CEO of OKYO Pharma
Date: Monday, December 2, 2024
Fireside Chat: 2:40-3:15pm
For more information about the event, email uscorporateaccess@btig.com. Please note that participants must be pre-registered to attend. To access BTIG insights, contact a firm representative or log in to www.btigresearch.com.
Neuropathic corneal pain (NCP) is a condition that causes pain and sensitivity of the eyes, face, or head. The exact cause of NCP is unknown but thought to result from nerve damage to the cornea combined with inflammation. NCP, which can exhibit as a severe, chronic, or debilitating condition in patients suffering from a host of ophthalmic conditions, is presently treated by various topical and systemic treatments in an off-label fashion. There are no approved commercial treatments currently available for this condition.
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 activities 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 showed clear statistical significance in multiple endpoints in a recently completed Phase 2, multi-center, double-masked, placebo-controlled trial of OK-101 to treat DED, and is presently being evaluated in a randomized, placebo-controlled, double-masked Phase 2 trial to treat 48 NCP patients.
OKYO Pharma Limited (NASDAQ: OKYO) is a clinical stage biopharmaceutical company developing innovative therapies for the treatment of NCP and DED, with ordinary shares listed for trading on the NASDAQ Capital Market. OKYO is focused on the discovery and development of novel molecules to treat NCP and inflammatory DED. In addition to the recently completed Phase 2 trial of OK-101 to treat DED patients, OKYO is also evaluating OK-101 to treat NCP patients with the just announced opening of a Phase 2 trial to treat the debilitating conditions of NCP. 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

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Frequently Asked Questions

What conditions does OKYO Pharma develop therapies for?

OKYO Pharma develops therapies for neuropathic corneal pain and inflammatory dry eye disease.

When is the BTIG Ophthalmology Day event happening?

The BTIG Ophthalmology Day is scheduled for December 2, 2024.

What is OK-101 used for?

OK-101 is designed to treat inflammatory dry eye disease and neuropathic corneal pain.

Who is attending the BTIG event from OKYO Pharma?

Dr. Gary S. Jacob, the CEO of OKYO Pharma, will be attending.

Is there an FDA approved treatment for NCP?

Currently, there are no FDA approved treatments available for neuropathic corneal pain.

Last updated: Nov 26, 2024