OKYO Pharma Ltd CEO Gary Jacob tells Proactive's Stephen Gunnion that the first patient has been screened for the phase II trial of OK-101, a treatment for dry eye disease (DED), marking a significant step for the company.

Jacob says the phase II trials aims to evaluate the drug's efficacy and safety in DED patients, with top-line data expected before the end of 2023.

If successful, he said the phase II assessment could also serve as one of the two required phase III studies necessary for US Food & Drug Administration (FDA) approval.

#ProactiveInvestors #OKYOpharma #LSE #Nasdaq #dryeyedisease #clinicaltrial #phase2trial #ophthalmology #eyecare #healthcare #medicine #drugdevelopment #FDA #innovation #research #science #medicalresearch #patientcare #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Good morning from London, where the FTSE 100 is on the up after falling heavily yesterday. Details of the FCA’s bid to slash regulations to boost London listings are beginning to circulate around the market – the new rules will aim to cut regulation and could see an end to mandatory shareholder votes on key decisions such as mergers and acquisitions.

Turning to equities now, Lloyds Bank is reporting a near-50% rise in first quarter profits, aided by higher interest rates. First quarter profits at Aston Martin are also up, gaining 21% to £102mln.

Revenues at Paddy Power owner Flutter are up, they’re reporting a 46% jump in revenue first quarter to £2.4bn on increasing player numbers.

Dyson has announced a £100mln investment into a new R&D facility in Bristol as part of a wider £2.75bn plan to double its product offerings by 2025.

And with the small caps, AIM-listed Mineral and Financial investments shares rose 9% on some promising results from its Lagoa Salgada project in Portugal.

#ProactiveInvestors #FTSE100 #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Incannex Healthcare Ltd (ASX:IHL, NASDAQ:IXHL) chief medical officer Dr Mark Bleakley speaks with Proactive soon after announcing final results for a Phase 1 clinical trial to assess pharmacokinetics and the safety of the company’s anti-inflammatory drug candidate IHL-675A. IHL-675A is a combination cannabinoid drug comprising cannabidiol (CBD) and hydroxychloroquine (HCQ) in a fixed dose combination.

#ProactiveInvestors #ASX #CBD #Incannex

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Ionic Rare Earths Ltd (ASX:IXR) MD Tim Harrison speaks with Proactive following news the company received the environmental green light to kick start a phase five drill program at its 60%-owned Makuutu rare earths project in Uganda. The critical minerals explorer will begin an infill and reconnaissance drilling campaign, designed to prove up inferred resources and increase confidence in Makuutu’s exploration targets.

#ProactiveInvestors #ASX #IonicRE #criticalminerals

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Surefire Resources NL (ASX:SRN) MD Paul Burton tells Proactive the company has appointed METS Engineering to conduct further metallurgical test work on samples from its 100%-owned flagship Victory Bore Vanadium Project in Western Australia. The aim is to produce a high-purity vanadium oxide in liquid form from which a clean high-purity vanadium electrolyte can be recovered for use in the emerging vanadium battery sector in Australasia.

#ProactiveAustralia #SurefireResources #ASX #vanadium

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Aruma Resources Ltd (ASX:AAJ) MD Glenn Grayson tells Proactive the company has announced promising sighter metallurgical testwork on pegmatites intersected at its Mt Deans Lithium Project near Norseman, in the lithium corridor of southeastern WA. Two flotation tests conducted on pegmatites from a recent reverse circulation (RC) drilling program have confirmed that a lithium concentrate can be produced with a concentrate grade of 3.1 times lithium oxide (Li2O).

NickelSearch Ltd (ASX:NIS) MD Nicole Duncan speaks with Proactive following the news the company is to raise $2.43 million via a fully underwritten entitlement offer. Funds will be used for high impact exploration across the Carlingup Nickel Project including RC drill programs underway at four high-priority greenfields nickel sulphide targets.

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Tribe Property Technologies CEO Joseph Nakhla joined Steve Darling from Proactive to share news the company has released its Q4 and Year-end financial for 2022. The company continues to see steady and consistent growth.

Nakhla telling Proactive the company saw Q4 revenue of 4.75 million which was an increase of 18.8% over Q4 of 2021. It was also a new record for the company. The company also saw annual revenue of 17.81 million, another record, compared to 15.83 million for the year ended December 31, 2021. The majority of the business brought onboard last year was organic, driven by traditional property management companies looking for more efficient and digital support for their management needs. In 2023, the company anticipates a massive catch-up in brand new construction completion, with between 22 and 24 new communities coming onboard. Tribe Property Technologies is also actively looking for potential acquisitions to expand its presence in the Ontario market. The company's focus for 2023 is on optimization and profitability improvement.

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Data443 Risk Mitigation chairman, founder and CEO Jason Remillard joins Proactive's Stephen Gunnion with details about the company that provides software and services to enable secure data across devices and databases.

Remillard explains that using its "All Things Data Security" approach, Data443 helps customers prioritize risk, identify security gaps, and implement effective data protection and privacy management strategies.

He also touches on the latest update to its award-winning Ransomware Recovery Manager product and a significant contract expansions with a leading US bank for its secure file transport platform.

#ProactiveInvestors #data443riskmitigation #OTC #cybersecurity #dataprivacy #datasecurity #databreach #dataprotection #fintech #ransomwarerecovery #AI #machinelearning #chatGPT #cloudsecurity #informationsecurity #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews

Cemtrex chairman and CEO Saagar Govil tells Proactive's Stephen Gunnion about the emerging growth company that has grown over the past two decades by building companies from technology to manufacturing.

Its current portfolio includes AI-based security technology company Vicon and Advanced Industrial Services, which provides turnkey solutions to the US's leading manufacturing and industrial businesses.

Govil sees big opportunities for both through new contracts and potential M&A.

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