FARMINGTON HILLS, Mich., Sept. 03, 2021 (GLOBE NEWSWIRE) — Ocuphire Pharma, Inc. (Nasdaq: OCUP), today announced that the Compensation Committee of its Board of Directors, which is composed entirely of independent directors, approved an equity award under Ocuphire’s Inducement Plan as a material inducement to one individual in connection with her employment with the Company effective on September 1, 2021.