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Cocrystal Pharma, Inc. develops antiviral therapeutics using a proprietary structure-based drug discovery platform. News for COCP centers on CDI-988, an oral direct-acting protease inhibitor for norovirus infection, including clinical-study updates, FDA Fast Track designation and scientific presentations on its 3CL protease mechanism.
Company updates also cover financial results, financing activity, NIH-supported influenza A/B polymerase research, and broader pipeline references to respiratory viruses and coronaviruses.
Cocrystal Pharma (Nasdaq: COCP) has announced that its novel antiviral, CC-42344, shows promise against the highly pathogenic avian influenza A (H5N1) strain. Recent in vitro studies indicate that CC-42344 inhibits the influenza A virus's PB2 protein, essential for replication and transcription. The drug is currently in a Phase 2a clinical trial assessing its safety, tolerability, and antiviral benefits in influenza A patients, with top-line results expected in late 2024. Previously, a Phase 1 study in healthy volunteers demonstrated favorable safety and tolerability. The company used its proprietary structure-based platform to create a high-resolution crystal structure of the avian PB2 protein, confirming CC-42344's binding efficacy. The CDC has reported recent avian flu outbreaks in the U.S., including infections in dairy cows affecting humans.
Cocrystal Pharma, Inc. (Nasdaq: COCP) reports first-quarter 2024 financial results and updates on its antiviral drug-development programs. Topline results expected for Phase 1 oral CDI-988 and Phase 2a influenza A study. FDA feedback on CC-42344, initiation of Phase 1 study for inhaled CC-42344 planned. Positive cash flow management, $21.8 million cash on hand.
Cocrystal Pharma, Inc. completes enrollment of a Phase 2a study for its oral antiviral candidate CC-42344, aiming to combat pandemic and seasonal influenza. The study evaluated safety, tolerability, and antiviral effects of the drug. The company received positive Pre-IND feedback from the FDA for a proposed Phase 2b study. Cocrystal plans to start a Phase 1 study in Australia for an inhaled formulation of CC-42344. Recent preclinical data indicates promising results for the drug.
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