COCP: Multiple Upcoming Catalysts…

Zacks Small Cap Research11-19

By David Bautz, PhD NASDAQ:COCP READ THE FULL COCP RESEARCH REPORT Business Update Multiple Upcoming Catalysts Cocrystal Pharma, Inc. (NASDAQ:COCP) has multiple upcoming catalysts over the next few ...

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(NASDAQ:COCP) has multiple upcoming catalysts over the next few ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cocp-multiple-upcoming-catalysts-141400815.html\">Source Link</a>\n\n</div>\n","source":"yahoofinance","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>COCP: Multiple Upcoming Catalysts…</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCOCP: Multiple Upcoming Catalysts…\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-19 22:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/cocp-multiple-upcoming-catalysts-141400815.html><strong>Zacks Small Cap Research</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By David Bautz, PhD\n NASDAQ:COCP\nREAD THE FULL COCP RESEARCH REPORT\nBusiness Update\nMultiple Upcoming Catalysts\nCocrystal Pharma, Inc. (NASDAQ:COCP) has multiple upcoming catalysts over the next few ...</p>\n\n<a href=\"https://finance.yahoo.com/news/cocp-multiple-upcoming-catalysts-141400815.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"COCP","symbol_name":"Cocrystal Pharma, Inc.","start_time":0,"source_url":"https://finance.yahoo.com/news/cocp-multiple-upcoming-catalysts-141400815.html","article_id":"2484972965","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484972965","pubTimestamp":1732025640,"columns":[],"sourceInfo":{"source_id":"yahoofinance","name":"雅虎金融"},"weMediaInfo":null,"summary":"Cocrystal Pharma, Inc.  has multiple upcoming catalysts over the next few months as it develops CC-42344 as a treatment for influenza and CDI-988 as a treatment for both coronavirus and norovirus infections.Before the end of 2024, we expect Cocrystal to report topline results from the Phase 2a clinical trial of CC-42344. It is a human challenge study being conducted in the U.K. in which subjects are infected with influenza A before being treated with CC-42344 or placebo.We anticipate the company filing an Investigational New Drug  application in 2025 in order to conduct a late-stage study of CC-42344 in the U.S. In the first quarter of 2024, Cocrystal received feedback from the FDA regarding the regulatory requirements for a planned Phase 2b trial with CC-42344.On November 13, 2024, Cocrystal announced financial results for the third quarter of 2024. As expected, the company did not report any revenues in the third quarter of 2024. R&D expenses in the third quarter of 2024 were $3.2 mi","collect":0,"end_time":0,"defaultTopTitle":"yahoo.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"COCP":"Cocrystal Pharma, Inc.","BK4007":"制药","CDC":"VictoryShares US EQ Income Enhanced Volatility Wtd ETF"},"translate_title":"COCP：多种即将到来的催化剂……","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"CDC":1,"COCP":1},"content_text":"By David Bautz, PhD\n NASDAQ:COCP\nREAD THE FULL COCP RESEARCH REPORT\nBusiness Update\nMultiple Upcoming Catalysts\nCocrystal Pharma, Inc. (NASDAQ:COCP) has multiple upcoming catalysts over the next few months as it develops CC-42344 as a treatment for influenza and CDI-988 as a treatment for both coronavirus and norovirus infections.\n\nBefore the end of 2024, we expect Cocrystal to report topline results from the Phase 2a clinical trial of CC-42344. It is a human challenge study being conducted in the U.K. in which subjects are infected with influenza A before being treated with CC-42344 or placebo.\n\n\nWe anticipate the company filing an Investigational New Drug (IND) application in 2025 in order to conduct a late-stage study of CC-42344 in the U.S. In the first quarter of 2024, Cocrystal received feedback from the FDA regarding the regulatory requirements for a planned Phase 2b trial with CC-42344.\n\n\nIn late 2024 or early 2025, we anticipate the company reporting topline and tolerability results from the multiple-ascending dose (MAD) cohorts of the Phase 1 clinical trial of CDI-988, the company’s broad-spectrum antiviral inhibitor of 3CL viral proteases. CDI-988 is being developed as a treatment for both noroviruses and coronaviruses.\n\nIn July 2024, Cocrystal reported favorable safety and tolerability results from the single-ascending dose (SAD) cohorts of the Phase 1 trial of CDI-988, the company’s broad-spectrum antiviral inhibitor of 3CL viral proteases. Doses of CDI-988 from 100 mg to 600 mg were evaluated in the SAD cohorts. The results of the study showed that all participants completed the trial with no discontinuations. In addition, there were no serious adverse events or severe treatment-emergent adverse events reported. Lastly, no clinically significant observations were seen in laboratory assessments, physical exams, or electrocardiograms. These results justified moving the compound into the MAD portion of the Phase 1 study.\nThere are no approved therapies for norovirus infection, which is the most common cause of acute gastroenteritis. According to the Centers for Disease Control (CDC), there are an estimated 685 million cases and 200,000 deaths caused by norovirus infection each year worldwide. In the U.S., norovirus infection causes over 2 million outpatient clinical visits annually and approximately 100,000 hospitalizations. In addition to potentially being utilized as a norovirus therapy, CDI-988 may be tested as a prophylactic to be used in population dense areas to prevent norovirus outbreaks (e.g., cruise ships, nursing homes, day cares, military installations).\nFinancial Update\nOn November 13, 2024, Cocrystal announced financial results for the third quarter of 2024. As expected, the company did not report any revenues in the third quarter of 2024. R&D expenses in the third quarter of 2024 were $3.2 million, compared to $4.2 million in the third quarter of 2023. The decrease was primarily due to lower clinical trial expenses. G&A expenses in the third quarters of both 2024 and 2023 were $1.8 million.\nAs of September 30, 2024, Cocrystal had approximately $13.0 million in cash and cash equivalents. We estimate this is sufficient to fund operations for at least the next 12 months. As of November 13, 2024, Cocrystal had approximately 10.2 million shares outstanding and, when factoring in stock options and warrants, a fully diluted share count of 11.0 million shares.\nConclusion\nWe’re looking forward to topline results for the Phase 2a trial of CC-42344 before the end of 2024. These results may also include initial anti-viral efficacy as subjects in the trial were infected with influenza A virus. The company is on track to report topline results from the MAD portion of the Phase 1 study of CDI-988 in late 2024 or early 2025. As we await results from the Phase 2a trial of CC-42344, our valuation remains at $7 per share. \nSUBSCRIBE TO ZACKS SMALL CAP RESEARCH to receive our articles and reports emailed directly to you each morning. Please visit our website for additional information on Zacks SCR. \n \nDISCLOSURE: Zacks SCR has received compensation from the issuer directly, from an investment manager, or from an investor relations consulting firm, engaged by the issuer, for providing research coverage for a period of no less than one year. Research articles, as seen here, are part of the service Zacks SCR provides and Zacks SCR receives quarterly payments totaling a maximum fee of up to $40,000 annually for these services provided to or regarding the issuer. Full Disclaimer HERE.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484972965"}