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OKYO Pharma Ltd (OQ:OKYO)

Business Focus: Biopharmaceuticals

Sector:  Healthcare Industry:  Pharmaceuticals
 
See Regulatory Filings on SEC
Company Contact
Address: Floor 4, 14/15 Conduit St
LONDON W1S 2XJ
Tel: N/A
Website: https://okyopharma.com
IR: See website
Key People
N/A    
Business Overview
OKYO Pharma Limited is a United Kingdom-based preclinical biopharmaceutical company. The Company is focused on developing an approach to dry eye care and ocular pain that is developing a lipidated chemerin-peptide drug candidate, OK-101, designed to target an ocular receptor controlling inflammation and ocular pain. The Company's principal activity is to develop drugs for inflammatory dry eye diseases and chronic pain by targeting G protein-coupled receptors (GPCRs). The Company operates through the research and development of biotechnological and pharmaceutical products segment. The Company's technologies include Chemerin Receptor, OK-101 Drug Candidate and Preclinical Data. Its membrane anchored peptide (MAP) technology enabled the development of OK-101. Its drug candidate, OK-101, consists of a 10-mer C-terminal chemerin peptide sequence, a linker component, and an anchoring lipid domain. The Company's wholly owned subsidiary is OKYO Pharma US Inc.
Financial Overview
For the six months ended 30 September 2022, OKYO Pharma Ltd revenues was not reported. Net loss increased from £1.8M to £4.6M. Higher net loss reflects Research and development increase from £346K to £2.1M (expense), Operating expenses increase of 48% to £2.4M (expense).