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Pharma & Biotech

OKYO Pharma executive chairman increases stake with share purchase

OKYO Pharma Ltd (NASDAQ:OKYO) said Panetta Partners, linked to its executive chairman Gabriele Cerrone, has purchased about 10,000 shares at $1.59 each, increasing his total stake to roughly 10.5 million shares.

The latest purchase, valued at about $16,000, adds to Cerrone’s ongoing investment in the company.

The clinical-stage biotech develops therapies for neuropathic corneal pain and inflammatory eye diseases.