COCP: Noble Cap. Mkts Interview Online Now
Jun 9, 2021 18:36:33 GMT
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Post by icemandios on Jun 9, 2021 18:36:33 GMT
Cocrystal Pharma’s Participation in the Noble Capital Markets C-Suite Interview Series is Now Available Online
BOTHELL, Wash., June 09, 2021 (GLOBE NEWSWIRE) -- Cocrystal Pharma, Inc. (Nasdaq: COCP), (“Cocrystal” or the “Company”), a clinical-stage biotechnology company discovering and developing novel antiviral therapeutics that target the replication machinery of influenza viruses, the SARS-CoV-2 virus, hepatitis C viruses and noroviruses, announces that management’s participation in the Noble Capital Markets C-Suite Interview Series is now available online. During the 30-minute video int e rview hosted by Noble Capital Markets Senior Equity Research Analyst Robert LeBoyer, Cocrystal discussed its antiviral drug-discovery and development work and provided program updates.
“Cocrystal utilizes a proprietary structure-based technology platform to discover viral inhibitors that address underserved medical needs in very large markets including pandemics and widespread viral infections,” said Sam Lee, Ph.D., interim co-CEO and President. “This powerful platform differentiates Cocrystal’s approach and allows us to focus on three important drug-discovery processes including improvements with in vitro potency, broad-spectrum activity and drug-resistance profile. It is very difficult to improve these critical processes with traditional drug discovery tools.”
“We are aggressively moving forward our antiviral programs with multiple upcoming milestones including results from the proof-of-concept animal study with our norovirus program expected later this month, the planned initiation of a Phase 1 influenza A clinical study in the third quarter and advancing our COVID-19 programs toward pre-IND status,” added James Martin, interim co-CEO and CFO. “Given our cost-efficient structure and financial resources, we believe we have sufficient capital to fund current operations and planned program activities through 2024. The possibility of milestone payments under our Merck collaboration would extend that cash runway. We do not expect to raise additional capital in 2021 and for some time beyond.”
BOTHELL, Wash., June 09, 2021 (GLOBE NEWSWIRE) -- Cocrystal Pharma, Inc. (Nasdaq: COCP), (“Cocrystal” or the “Company”), a clinical-stage biotechnology company discovering and developing novel antiviral therapeutics that target the replication machinery of influenza viruses, the SARS-CoV-2 virus, hepatitis C viruses and noroviruses, announces that management’s participation in the Noble Capital Markets C-Suite Interview Series is now available online. During the 30-minute video int e rview hosted by Noble Capital Markets Senior Equity Research Analyst Robert LeBoyer, Cocrystal discussed its antiviral drug-discovery and development work and provided program updates.
“Cocrystal utilizes a proprietary structure-based technology platform to discover viral inhibitors that address underserved medical needs in very large markets including pandemics and widespread viral infections,” said Sam Lee, Ph.D., interim co-CEO and President. “This powerful platform differentiates Cocrystal’s approach and allows us to focus on three important drug-discovery processes including improvements with in vitro potency, broad-spectrum activity and drug-resistance profile. It is very difficult to improve these critical processes with traditional drug discovery tools.”
“We are aggressively moving forward our antiviral programs with multiple upcoming milestones including results from the proof-of-concept animal study with our norovirus program expected later this month, the planned initiation of a Phase 1 influenza A clinical study in the third quarter and advancing our COVID-19 programs toward pre-IND status,” added James Martin, interim co-CEO and CFO. “Given our cost-efficient structure and financial resources, we believe we have sufficient capital to fund current operations and planned program activities through 2024. The possibility of milestone payments under our Merck collaboration would extend that cash runway. We do not expect to raise additional capital in 2021 and for some time beyond.”