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OKYO Pharma
Gary Jacob leads OKYO Pharma, a London-listed biotech focused on ocular pipeline assets. Closed a $4.8M offering in early 2025.
OKYO Pharma
OKYO Pharma Ltd was incorporated in 2007 and is headquartered in London, with a clinical development focus on dry eye disease and other ocular indications. Gary S. Jacob has served as CEO, steering the company toward a niche in ophthalmology where the addressable market remains large and unmet need is high. The firm operates as a publicly traded specialty pharmaceutical company, not a diversified investment platform. Its strategy concentrates on advancing a lead candidate, OK-101, through clinical trials. OK-101 is a lipidated chemerin peptide designed to target inflammation associated with dry eye disease, with Phase 2 data reported in 2022 and 2023 showing statistically significant improvements in both signs and symptoms. The company also holds earlier-stage genetic assets targeting inflammatory pathways. In February 2025, OKYO completed an underwritten public offering raising gross proceeds of roughly $4.8 million to support ongoing clinical and regulatory work. As of mid-2025, OKYO operates a lean corporate structure typical of a clinical-stage biotech, with key management based in the US and UK and research functions supported by contracted partners. No professional headcount or AUM is publicly disclosed; corporate spending maps directly to trial costs. In the past 24 months, the company has reported top-line Phase 2 results for OK-101 (December 2023) and secured additional equity financing. OKYO’s structural distinction lies in its almost singular pipeline focus on the anterior segment of the eye, an area often overlooked by larger pharmaceutical platforms that prioritize retinal gene therapies. The company’s fate is tied directly to the regulatory and clinical milestones of OK-101, making it a pure-play bet on a single mechanism of action in a well-defined market.
General information
Firm type
Asset Manager
Year founded
2007
AUM
Undisclosed
Location
Region
Europe
Country
United Kingdom
City
London
Corporate office
London, United Kingdom
Principals
Gary S. Jacob
Chief Executive Officer
Sector focus
Frequently asked questions
Who runs investment and strategic decisions at OKYO Pharma?
Gary S. Jacob serves as Chief Executive Officer and leads the company's clinical and strategic direction. The board of directors and management team guide capital allocation, which is focused entirely on advancing the ophthalmic pipeline rather than managing a third-party portfolio.
How is OKYO Pharma structured, and what is its primary asset?
OKYO is a publicly traded clinical-stage biopharmaceutical company listed on the Nasdaq. Its lead asset is OK-101, a lipidated chemerin peptide for dry eye disease that has produced positive Phase 2 data for both signs and symptoms. The company does not operate as a family office or fund.
What are the key clinical milestones OKYO has reported?
In 2022 and 2023, OKYO announced top-line Phase 2 results for OK-101 showing statistically significant improvements in dry eye disease endpoints. These data points underpin the company's current valuation and financing strategy. No Phase 3 initiation date has been publicly confirmed as of mid-2025.
Does OKYO Pharma participate in fund commitments or co-investments?
No. OKYO Pharma is an operating company that develops its own intellectual property and drug candidates. It does not make external fund commitments, co-investments, or operate any pooled investment vehicles.
How does OKYO Pharma source its capital?
The company raises capital through public equity offerings and private placements. In February 2025, it closed an underwritten public offering generating approximately $4.8 million in gross proceeds. Prior financings include private and registered direct offerings tied to clinical progress.
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