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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, Inc. (Nasdaq: COCP) has entered into a Non-Clinical Evaluation Agreement with the National Institute of Allergy and Infectious Diseases (NIAID) for preclinical studies on its 3CL protease inhibitors for COVID-19 treatment. This collaboration will support the scale-up synthesis of a key intermediate necessary for the development of these inhibitors. Cocrystal aims to create antiviral drugs targeting viral replication proteins, potentially beneficial against various coronaviruses, including COVID-19.
Cocrystal Pharma, Inc. (Nasdaq: COCP) has announced that James Martin, Chief Financial Officer and co-interim CEO, will present a company overview at the H.C. Wainwright Global Investment Conference on May 25, 2022, at 10:00 a.m. Eastern Time. This hybrid event will take place at the Fontainebleau Miami Beach Hotel. A live webcast of the presentation will be available on the company’s IR Calendar and archived for 90 days.
Cocrystal specializes in developing antiviral therapeutics targeting influenza, coronaviruses, and more.
Cocrystal Pharma, Inc. (Nasdaq: COCP) reported a net loss of $4.2 million for Q1 2022, consistent with the previous year. The company is advancing its antiviral programs, announcing positive preliminary data from its Phase 1 study of CC-42344 for influenza A. Cocrystal is also collaborating with NIAID to evaluate COVID-19 protease inhibitors and preparing for a Phase 1 study of inhalation and oral inhibitors for COVID-19 treatment.
As of March 31, 2022, Cocrystal had $54.8 million in cash, sufficient to fund operations through 2023.
Cocrystal Pharma (Nasdaq: COCP) has entered into a Non-Clinical Evaluation Agreement with the National Institute of Allergy and Infectious Diseases (NIAID) to conduct exploratory preclinical studies on its SARS-CoV-2 3CL protease inhibitors for potential COVID-19 treatment. Cocrystal's novel inhibitors demonstrate potent in vitro efficacy against SARS-CoV-2 and variants, including Omicron. This collaboration aims to further evaluate the antiviral activity of these compounds in both in vitro and in vivo settings.
Cocrystal Pharma (Nasdaq: COCP) will present at the Life Science Innovation Northwest 2022 conference on April 20-21, 2022, at the Washington State Convention Center in Seattle. Sam Lee, PhD, President and co-interim CEO, is set to deliver a presentation during the Neuroscience & Pharmaceuticals segment on April 20 at 3:25 PM Pacific. This conference is the Pacific Northwest’s largest annual life science event, aiming to connect investors, researchers, and organizations to discuss significant life science breakthroughs.
Cocrystal Pharma, Inc. (Nasdaq: COCP) announced that James Martin, Chief Financial Officer and co-interim CEO, will present at the NobleCon18 Investor Conference on April 21, 2022, at 9:30 a.m. ET, held at the Hard Rock Hotel & Casino in Hollywood, Florida. A video webcast of the presentation will be available the next day on the Company's website, as well as on Noble Capital Markets’ and Channelchek's websites, archived for 90 days.
Cocrystal, a clinical-stage biotechnology company, focuses on developing novel antiviral therapeutics targeting various viruses.
Cocrystal Pharma, Inc. (COCP) announced preliminary results from its Phase 1 study of CC-42344, an oral antiviral targeting influenza A. The study, involving 56 healthy participants, demonstrated a favorable safety and pharmacokinetic profile with promising oral bioavailability and dose-dependent plasma exposures. CC-42344 is designed to address pandemic and seasonal influenza strains, aiming to be a best-in-class treatment option. Full results are expected later in 2022, affirming Cocrystal's commitment to advancing antiviral therapies.
Cocrystal Pharma, Inc. (Nasdaq: COCP) has commenced enrollment in a Phase 1 trial for CC-42344, an orally administered antiviral for influenza A. The company plans to initiate two additional Phase 1 trials in 2022 for COVID-19 antiviral candidates. Notably, Cocrystal reported no revenues for 2021, down from $2 million in 2020, and a net loss of $14.2 million, or $0.16 per share. However, cash reserves increased to $58.7 million, up from $33 million year-over-year, providing sufficient funds for operations through 2023.
Cocrystal Pharma, Inc. (Nasdaq: COCP) will participate in the 2022 Virtual Growth Conference hosted by Maxim Group and M-Vest from March 28-30, 2022. Interested attendees can register online. A pre-recorded presentation will be accessible for 72 hours starting March 28 at 9:00 a.m. ET. Cocrystal Pharma is focused on developing antiviral therapeutics targeting influenza, coronaviruses, hepatitis C, and noroviruses, utilizing advanced technologies and expertise.
Cocrystal Pharma has initiated dosing in a Phase 1 clinical trial for its antiviral drug CC-42344, targeting both pandemic and seasonal influenza A. Conducted in Australia, this study will assess the drug's safety and pharmacokinetics in 56 healthy adults. CC-42344 is designed to inhibit influenza viral replication and potentially act against drug-resistant strains. Results are expected later this year, marking a key step in Cocrystal's development of innovative antiviral therapies.