OKYO Pharma Chairman Boosts Shareholding

OKYO Pharma Limited Sponsored ADR (OKYO) has released an update.

OKYO Pharma Limited, a biopharmaceutical company focusing on ocular therapies, has announced the purchase of 35,000 of its ordinary shares by Panetta Partners Limited, an entity with a beneficial interest to the Executive Chairman Gabriele Cerrone. This acquisition increases Cerrone’s total shareholding to 28.58% of the company’s issued share capital. OKYO is also advancing its clinical trials, including a recently completed Phase 2 trial for its drug candidate OK-101, aimed at treating inflammatory dry eye disease and neuropathic corneal pain.

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