OKYO · NASDAQ · Biotechnology

OKYO Pharma (OKYO)

Develops urcosimod eye drops for neuropathic corneal pain and anterior-segment eye diseases.

$1.33
vs last close−0.02 (−1.48%)
Loading prices…

OKYO Pharma LimitedOKYO
Health Care

Develops drug candidates for neuropathic corneal pain and anterior-segment eye diseases. The clinical-stage pipeline centers on urcosimod, a preservative-free eye drop, with a preclinical rare-corneal-disease program and discovery-stage OK-201.

Develops drug candidates for neuropathic corneal pain (NCP) and anterior-segment eye diseases. The clinical-stage pipeline centers on urcosimod, formerly OK-101, a preservative-free, non-opioid eye drop with pain-relieving and anti-inflammatory activity. A randomized, placebo-controlled NCP study has been completed, and the company is planning a global pivotal trial.

Alongside urcosimod, the pipeline includes a preclinical program for rare corneal disease and discovery-stage OK-201. Development is planned globally, with a principal executive office in Guernsey and Nasdaq as the principal trading market. The business depends on clinical development, regulatory progression, and financing through urcosimod, including an at-the-market equity facility.

Company facts

CEORobert J. Dempsey
ListedMay 22, 2023
ExchangeNASDAQ
HeadquartersLondon, United Kingdom
CountryUnited Kingdom
Employees5
CIK0001849296
ISINGG00BMFG5F62

Market cap$51.8M
EPS (ttm)−$0.2391
P/E (ttm)−5.65
ROE-200.7%
P/B4.20
P/S
Dividend yieldDiv yield
Beta1.57vs XLV −0.10

Price target$5.00+270.4%Average of 2 analysts
ConsensusBuy2 of 2 analysts
Ratings

Target rangeAs of Sep 22, 2026

Latest analyst notes

DateFirmActionPriorCurrent
Jul 13, 2026H.C. WainwrightTarget
Target: $7
Target: $5
Jan 29, 2026H.C. WainwrightTarget
Target:
Target: $7

Next report
Dec 2, 26
estimated · in 70 days
EPS estimate
−$0.06
Revenue estimate
Fiscal quarter
Q2 FY27

EPSReportedEstimate

May '24Oct '24Jan '25Jul '25Jan '26Jun '26Jul '26Dec '26
Reported−$0.30−$0.08−$0.08−$0.04−$0.01−$0.04−$0.15Pending
Estimate−$0.05−$0.07−$0.08−$0.08−$0.06
Surprise+19.6%+85.7%+49.8%−87.5%

RevenueReportedEstimate

May '24Oct '24Jan '25Jul '25Jan '26Jun '26Jul '26Dec '26
ReportedPending
Estimate
Surprise
Estimate−$0.06
ReportedDue Dec 2, 2026
Estimate
ReportedDue Dec 2, 2026
View details

Debt to equity0.00%
Current ratio242.70%

ProfitabilityRevenueNet incomeNet margin

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Revenue$0$0$0$0$0$0$0$0
Net income−$5.5M−$8.8M−$2.7M−$2.0M−$2.6M−$6.4M
Net margin

GrowthOperating income

Q2 FY23Q4 FY23Q2 FY24Q4 FY24Q2 FY25Q4 FY25Q2 FY26Q4 FY26
Operating income−$5.6M−$8.7M−$7.0K−$3.0M−$4.2M−$2.8M−$6.4M
YoY growthLoss widenedLoss widenedLoss narrowedLoss widenedLoss narrowedLoss widened

Balance sheet, Mar 31, 2026Cash & short-term investments $20.6M · Total debt $0 · Total assets $21.0M · Shareholders' equity $12.3M

Revenue
$0
Operating income
−$6.4M
Net income
−$6.4M
View details

No dividends on record.

Insiders71.33%27.37M ADS
10 holders · as of Aug 7, 2026
Other28.67%11.00M ADS
remainder

38.37M ADS as of Sep 14, 2026 · holders as of their latest filing

The share count is from the company's Jul 2023 annual report; nothing newer is on file here.

Top shareholders13F · 13D/G · Form 4

HolderStakeSharesDate
Gabriele M. CerroneInsiderdirector, 10 percent owner
55.78%21.40M ordinaryfiled Aug 7, 2026
Chernett JoreyInsider
9.91%3.80Mfiled Feb 13, 2026
Laura Natalia Monica FondaInsider
5.03%1.93Mfiled Oct 29, 2025
Gary S. JacobInsiderdirector, officer: CHIEF DEVELOPMENT OFFICER
0.29%112,420 ordinaryfiled Aug 7, 2026
John P. BrancaccioInsiderdirector
0.09%35,201 ordinaryfiled Aug 7, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 27, 2026Rajkumar V. Patilofficer: Chief Scientific Officer+3,363$1.49
Jul 21, 2026Flavio Mantelliofficer: CHIEF MEDICAL OFFICER+20,000$1.40
Jul 20, 2026Gabriele M. Cerronedirector, 10 percent owner: +25,000$1.40
Jul 21, 2026Gabriele M. Cerronedirector, 10 percent owner: +22,500$1.45
Jul 21, 2026Gary S. Jacobdirector, officer: CHIEF DEVELOPMENT OFFICER+3,500$1.40
View details

  • Bausch + Lomb

    Dry-eye medicines XIIDRA and MIEBO; ocular-surface portfolio

  • Harrow

    VEVYE and a broad North American ocular-surface portfolio

  • Aldeyra Therapeutics

    Investigational reproxalap for dry-eye disease

Compare

CompanyPriceChange
OKYO Pharma$1.33−1.48%$51.8M
Bausch + Lomb$17.04−1.65%$6.19B17.11.2+9.1%
Harrow$33.83−1.80%$1.28B27.24.7+10.9%
Aldeyra Therapeutics$1.35−3.23%$84.1M
Median22.12.9+10.0%