6-K
OKYO Pharma Ltd (OKYO)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM6-K
REPORTOF FOREIGN PRIVATE ISSUER
PURSUANTTO RULE 13a-16 OR 15d-16
UNDERTHE SECURITIES EXCHANGE ACT OF 1934
July2023
CommissionFile Number: 001-41386
OKYOPharma LTD
(Exact Name of Registrant as Specified in Its Charter)
9^th^Floor
107Cheapside
London
EC2V6DN
(Address of registrant’s principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
INFORMATIONCONTAINED IN THIS REPORT ON FORM 6-K
On July 27, 2023, OKYO Pharma LTD (the “Company”) issued this 6K announcing that, it has appointed William A. Clementi, Pharm.D., FCP as Chief Operating Officer a copy of which is furnished as Exhibit 99.1
The Announcement is furnished herewith as Exhibit 99.1 to this Report on Form 6-K. The information in the attached Exhibits 99.1 is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, or otherwise subject to the liabilities of that Section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, except as otherwise set forth herein or as shall be expressly set forth by specific reference in such a filing.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| OKYO Pharma LTD | ||
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| Date:<br> July 27, 2023 | By: | /s/ Keeren Shah |
| Name: | Keeren<br> Shah | |
| Title: | Chief<br> Financial Officer |
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EXHIBITINDEX
| Exhibit No. | Description |
|---|---|
| 99.1 | News Announcement, dated July 27, 2023 |
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Exhibit99.1

OKYOPharma Announces Appointment of William A. Clementi as Chief Operating Officer
LONDON and NEW YORK, July 27, 2023— OKYO Pharma Limited (Nasdaq: OKYO), an ophthalmology-focused bio-pharmaceutical company which is developing OK-101 to treat dry eye disease (DED) to address the significant unmet need in this multi-billion-dollar market, is pleased to announce that it has appointed William A. Clementi, Pharm.D., FCP as Chief Operating Officer. Mr Clementi will formally take up the COO role effective September 1, 2023. Mr. Clementi’s extensive experience in the pharmaceutical industry and his achievements make him a valuable addition to the OKYO Pharma team.
Dr. Clementi has followed a science-driven career path since completing his NIH Training Fellowship (under John L. McNay M.D. and Thomas M. Ludden Ph.D.) Upon completing his Fellowship research in drug metabolism and vascular smooth muscle relaxation, Dr. Clementi joined the University of Texas Graduate School of Biomedical Sciences (UTGBS) faculty and the College of Pharmacy faculty in Austin, Tx, in the Departments of Medicine and Pharmacology at the Health Sciences Center in San Antonio. His primary responsibilities were interdisciplinary, and he led innovative programs in the Colleges with teaching, research, and clinical commitments. Dr. Clementi directed the Clinical Pharmacokinetic Consultation Service, providing novel computer-based drug dosing to the acute care settings at two major teaching hospitals.
Dr. Clementi continued his career in the pharmaceutical industry, joining Synthelabo and the U.S. affiliate Lorex Pharmaceuticals, where he held the Worldwide Director of Market Development position. Lorex and Synthelabo launched three EMA and FDA-approved products (betaxolol, zolpidem, and alfuzosin).
In 1991 Dr. Clementi established a regulatory consulting company, Clementi & Associates, Ltd. (dba as Clementi Ltd). Clementi Ltd. provides regulatory and clinical consultation to small companies developing drugs, biologics, cell-based therapies, organ sustainability products and contrast media for medical imaging. Clementi Ltd. has experience with required regulatory submission standards and processes, including orphan designation, exploratory INDs, expanded access INDs, and combination drug-drug and device-drug products. Clementi Ltd also provides high-level cGMP and GCP oversight.
Dr. Clementi is a graduate of Boston University and the University of Texas and the College of Pharmacy.
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Dr. Clementi stated “OKYO represents a unique opportunity in the expanding biotechnology arena with a novel product for DED. I am excited to apply my regulatory and drug development experience and skills to OKYO and contribute to the leadership team. I believe it will be a productive collaboration with Dr. Jacobs to accelerate the development of OKYO’s first product by achieving market authorization with a “first pass” NDA approval of the lead DED indication. Topical therapies present new challenges clinically which are best managed with strategic interdisciplinary approaches. My interdisciplinary cross cutting background will contribute, hopefully, to OKYO’s growth and expanding portfolio.”
In response to the appointment, CEO Gary Jacobs expressed his enthusiasm. “We are delighted to welcome William Clementi to OKYO Pharma as our new Chief Operating Officer. His regulatory knowledge, drug development experience, and commitment to innovation align perfectly with our company’s vision. As we continue to progress our portfolio of groundbreaking therapeutics, I am confident that Dr. Clementi’s contributions will play a pivotal role in driving OKYO Pharma’s growth and success. Dr. Clementi’s appointment comes at a crucial time for OKYO Pharma, with significant milestones on the horizon. His leadership and operational acumen are expected to strengthen the company’s position in the pharmaceutical market and accelerate the development and commercialization of transformative treatments.”
AboutOKYO
OKYO Pharma Limited (Nasdaq: OKYO) is a life sciences company focusing on the discovery and development of novel molecules to treat inflammatory dry eye diseases and chronic pain. For further information, please visit www.okyopharma.com
AboutOK-101
OK-101 is a lipid conjugated chemerin peptide agonist of the ChemR23 G-protein coupled receptor which is typically found on immune cells of the eye responsible for the inflammatory response. OK-101 was developed using a membrane-anchored-peptide (MAP) technology to produce a novel long-acting drug candidate for treating dry eye disease. OK-101 has been shown to produce anti-inflammatory and pain-reducing activities in mouse models of dry eye disease and corneal neuropathic pain; and is designed to combat washout through the inclusion of the lipid ‘anchor’ contained in the candidate drug molecule to enhance the residence time of OK-101 within the ocular environment.
Forward-LookingStatements
Certain statements made in this announcement are forward-looking statements. These forward-looking statements are not historical facts but rather are based on the Company’s current expectations, estimates, and projections about its industry; its beliefs; and assumptions. Words such as ‘anticipates,’ ‘expects,’ ‘intends,’ ‘plans,’ ‘believes,’ ‘seeks,’ ‘estimates,’ and similar expressions are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties, and other factors, some of which are beyond the Company’s control, are difficult to predict, and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. The Company cautions security holders and prospective security holders not to place undue reliance on these forward-looking statements, which reflect the view of the Company only as of the date of this announcement. The forward-looking statements made in this announcement relate only to events as of the date on which the statements are made. The Company will not undertake any obligation to release publicly any revisions or updates to these forward-looking statements to reflect events, circumstances, or unanticipated events occurring after the date of this announcement except as required by law or by any appropriate regulatory authority.
For further information, please visit the Company’s website at www.okyopharma.com
Enquiries:
| OKYO Pharma Limited | Gary<br> S. Jacob, Chief Executive Officer | U.S.<br> 917-497-7560 |
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| Investor Relations | Paul<br> Spencer | +44<br> (0)20 7495 2379 |
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