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OKYO Pharma Secures $1.4 Million to Boost Ophthalmic Innovations
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OKYO Pharma Secures $1.4 Million to Boost Ophthalmic Innovations

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

On January 22, 2025, OKYO Pharma Limited announced it received $1.4 million in non-dilutive funding, enhancing its ability to advance its innovative pipeline without impacting shareholder value. The funding will be allocated to research and development, focusing on its lead program, OK-101, aimed at treating NCP, a major unmet medical need. This financial boost supports OKYO’s mission to develop groundbreaking treatments for ophthalmic diseases, maintaining fiscal responsibility while pursuing transformative therapies.

More about OKYO Pharma Limited Sponsored ADR

OKYO Pharma Limited is a clinical-stage biopharmaceutical company focused on developing innovative therapies for neuropathic corneal pain (NCP) and inflammatory dry eye disease (DED). The company is committed to discovering and developing novel molecules to address these ophthalmic conditions, with its shares listed on the NASDAQ Capital Market.

YTD Price Performance: -7.96%

Average Trading Volume: 85,142

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $35.24M

See more data about OKYO stock on TipRanks’ Stock Analysis page.

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