Okyo Pharma Names Robert Dempsey as New CEO

by Chief Editor

Okyo Pharma’s New CEO Signals a Shift in Neuropathic Corneal Pain Treatment

The appointment of Robert J. Dempsey as CEO of Okyo Pharma marks a pivotal moment for the company and potentially for the future of neuropathic corneal pain treatment. With over two decades of experience in global ophthalmology, including a successful track record of launching and commercializing therapies like Xiidra, Dempsey is poised to guide Okyo through critical phases of development for its lead candidate, urcosimod.

The Rising Tide of Neuropathic Corneal Pain

Neuropathic corneal pain (NCP) is a debilitating condition affecting millions worldwide. Unlike pain caused by physical damage to the cornea, NCP stems from nerve damage, often resulting from conditions like dry eye disease, herpes simplex keratitis, or even contact lens overuse. Current treatment options are often inadequate, leaving patients with limited relief and a significantly reduced quality of life. A 2023 study published in Cornea highlighted that over 40% of patients with severe dry eye experience persistent NCP despite conventional therapies.

Urcosimod: A Novel Approach

Urcosimod, formerly OK-101, represents a potentially groundbreaking approach to NCP. Unlike traditional pain management strategies that often rely on opioids or steroids with significant side effects, urcosimod is a sphingosine 1-phosphate (S1P) receptor modulator. This mechanism aims to address the underlying nerve dysfunction contributing to the pain, rather than simply masking the symptoms. The FDA’s Fast Track designation granted in May 2025 underscores the agency’s recognition of the unmet medical need and the potential of this novel therapy.

Dempsey has more than 20 years of experience in global ophthalmology.

Beyond Urcosimod: Future Trends in NCP Treatment

Dempsey’s appointment isn’t just about one drug; it signals a broader trend towards more targeted and innovative therapies for NCP. Several other approaches are gaining traction:

  • Neurotrophic Keratopathy (NK) Therapies: NK, a severe form of corneal nerve damage, often leads to persistent pain and vision loss. Research is focusing on therapies to promote nerve regeneration and restore corneal sensitivity.
  • Gene Therapy: Early-stage research explores the potential of gene therapy to modify nerve function and reduce pain signaling in the cornea.
  • Advanced Diagnostic Tools: Improved methods for assessing corneal nerve health, such as corneal confocal microscopy, are enabling earlier and more accurate diagnosis of NCP.
  • Artificial Intelligence (AI) in Diagnosis: AI algorithms are being developed to analyze corneal imaging data and identify subtle signs of nerve damage that might be missed by the human eye.
Pro Tip: Early diagnosis is crucial for effective NCP management. If you experience persistent corneal pain, especially if it doesn’t respond to conventional treatments, consult with a corneal specialist.

The Role of Personalized Medicine

The future of NCP treatment is likely to involve a personalized medicine approach. Different patients may respond differently to various therapies based on the underlying cause of their nerve damage, the severity of their condition, and their individual genetic makeup. Biomarkers are being investigated to identify patients who are most likely to benefit from specific treatments.

Okyo’s Strategic Direction Under New Leadership

With Dempsey at the helm, Okyo Pharma is well-positioned to capitalize on these emerging trends. His experience in navigating the regulatory landscape and successfully commercializing ophthalmic therapies will be invaluable as the company advances urcosimod through clinical trials and prepares for potential market launch. The continued involvement of Gary S. Jacob, PhD, as Chief Development Officer ensures a smooth transition and maintains momentum in the development pipeline.

Robert J. Dempsey

Robert J. Dempsey

Dempsey’s vision for Okyo extends beyond urcosimod. He emphasizes the importance of building a robust pipeline of innovative therapies to address the diverse needs of patients with corneal surface diseases.

FAQ: Neuropathic Corneal Pain and Emerging Treatments

  • What causes neuropathic corneal pain? NCP is caused by damage to the corneal nerves, often resulting from dry eye, infections, or injuries.
  • Is there a cure for NCP? Currently, there is no cure for NCP, but treatments can help manage the pain and improve quality of life.
  • How does urcosimod work? Urcosimod modulates S1P receptors, aiming to restore nerve function and reduce pain signaling.
  • What are the potential side effects of urcosimod? Clinical trials are ongoing to assess the safety and efficacy of urcosimod, and potential side effects are being carefully monitored.
  • Where can I learn more about NCP? Visit the Cornea Foundation website for more information.

Stay tuned to Healio for continued coverage of Okyo Pharma’s progress and the latest advancements in neuropathic corneal pain treatment.

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What are your thoughts on the future of NCP treatment? Share your insights in the comments below!

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