A Revolutionary Leap in Ophthalmology as FDA Fast Tracks OKYO Pharma's Innovative Urcosimod for Neuropathic Corneal Pain
OKYO Pharma, an ophthalmology-centred bio-pharmaceutical company on NASDAQ, is celebrating the U.S. Food and Drug Administration’s fast-track approval of its innovative drug Urcosimod. Previously known as OK-101, this promising drug is set to address the severe and chronic pain caused by Neuropathic Corneal Pain (NCP), for which there is currently no FDA-approved therapy.
The FDA’s fast track and priority review process is designed to facilitate the swift development and review of novel treatments that promise to address significant unmet medical needs in treating serious conditions. This accelerated approval potentially brings the new treatment more swiftly to those in need of it.
NCP, a severe and persistent eye pain resulting from nerve damage, affects a considerable number of patients globally. The exact reasons behind the condition remain unknown, but it is believed to be due to nerve damage to the cornea combined with inflammation. With no FDA-approved drug currently available, Urcosimod brings a glimmer of hope to these patients.
CEO of OKYO Pharma, Gary S. Jacob, Ph.D., expressed his elation at the FDA’s decision, saying it highlights their ongoing commitment to innovative therapies that improve patient lives. OKYO Pharma remains steadfast in ushering Urcosimod through clinical development and regulatory review as quickly as possible, he assured.
The Phase 2 trial of Urcosimod, designed as a double-masked, randomised, 12-week placebo-controlled trial, is an important step forward. It aims to meet the significant medical need for an efficient treatment for the debilitating condition that NCP represents. This FDA approval represents an inflection point that marks a significant stride in ophthalmological therapy.
- •FDA Grants OKYO Pharma Fast Track Designation... investegate.co.uk01-05-2025