OKYO Pharma Limited Sponsored ADR (OKYO) has released an update.
OKYO Pharma Limited has announced that its Executive Chairman, Gabriele Cerrone, through Panetta Partners Limited, has increased his stake in the company by purchasing 50,000 additional shares at $1.05 each, now holding 28.73% of the issued share capital. The biopharmaceutical company is advancing in the clinical development of OK-101, a novel treatment for dry eye disease and neuropathic corneal pain, recently completing a successful Phase 2 trial for dry eye disease with plans to initiate a Phase 2 trial for treating corneal pain.
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