Cocrystal Pharma's Sam Lee presented CDI-988's clinical progress at an international conference, highlighting its potential as a norovirus antiviral.
Quiver AI Summary
Cocrystal Pharma, Inc. announced its lead pan-viral protease inhibitor, CDI-988, during a presentation at the 9th International Calicivirus Conference. CDI-988 shows potential as the first oral antiviral for preventing and treating norovirus infections, based on its novel mechanism and broad-spectrum antiviral activity. Dr. Sam Lee highlighted positive Phase 1 trial results, including a strong safety profile, and noted the recent FDA authorization for a Phase 1b human challenge study to further evaluate CDI-988. This study is expected to begin before the end of the year. Cocrystal leverages a unique structure-based drug discovery platform to develop innovative antiviral treatments for significant infectious diseases, including norovirus.
Potential Positives
- Dr. Sam Lee presented significant findings regarding CDI-988 at the prestigious 9th International Calicivirus Conference, highlighting the company's commitment to engaging with global experts in the field.
- The completion of the Phase 1 study and FDA's IND clearance are major milestones for the advancement of CDI-988, indicating regulatory progression and development capabilities.
- CDI-988 demonstrated a favorable safety profile in human intestinal tissue, which is crucial for its potential as an effective antiviral against norovirus infections.
- The announcement of a forthcoming Phase 1b human challenge study, authorized by the FDA, indicates continued momentum in clinical research and development efforts for CDI-988 as a preventative and treatment option for norovirus.
Potential Negatives
- Potential risks in recruiting volunteers for clinical studies may delay progress on CDI-988.
- Dependence on contract manufacturing organizations could impact the timely production of necessary products for studies.
- Forward-looking statements emphasize uncertainty regarding the efficacy and future success of CDI-988, which may concern investors.
FAQ
What is CDI-988 and its significance?
CDI-988 is a lead pan-viral protease inhibitor developed by Cocrystal Pharma, potentially the first oral antiviral for norovirus prevention and treatment.
What were the Phase 1 findings for CDI-988?
The Phase 1 study showed CDI-988 has a favorable safety profile with good tolerability and no serious adverse events reported.
How does CDI-988 work against norovirus?
CDI-988 targets a conserved region in noroviruses' proteases, offering broad-spectrum antiviral activity against multiple genogroups.
What are the next steps for CDI-988's clinical trials?
Cocrystal has received FDA authorization to conduct a Phase 1b human challenge study, expected to begin before the end of 2025.
Why is norovirus a public health concern?
Norovirus is the leading cause of viral gastroenteritis, rapidly spreading in communities and incurring significant healthcare costs worldwide.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$COCP Hedge Fund Activity
We have seen 6 institutional investors add shares of $COCP stock to their portfolio, and 10 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- NEUBERGER BERMAN GROUP LLC removed 59,271 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $88,313
- CITADEL ADVISORS LLC removed 10,034 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $14,950
- VELAN CAPITAL INVESTMENT MANAGEMENT LP removed 10,000 shares (-100.0%) from their portfolio in Q1 2025, for an estimated $14,200
- VANGUARD GROUP INC removed 7,576 shares (-2.7%) from their portfolio in Q2 2025, for an estimated $11,288
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 6,936 shares (+20.6%) to their portfolio in Q2 2025, for an estimated $10,334
- UBS GROUP AG added 5,109 shares (+30.4%) to their portfolio in Q2 2025, for an estimated $7,612
- WELLS FARGO & COMPANY/MN added 1,806 shares (+30100.0%) to their portfolio in Q2 2025, for an estimated $2,690
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$COCP Analyst Ratings
Wall Street analysts have issued reports on $COCP in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- HC Wainwright & Co. issued a "Buy" rating on 06/20/2025
To track analyst ratings and price targets for $COCP, check out Quiver Quantitative's $COCP forecast page.
Full Release
BOTHELL, Wash., Sept. 12, 2025 (GLOBE NEWSWIRE) -- Cocrystal Pharma, Inc . (Nasdaq: COCP) announces that President and co-CEO Sam Lee, PhD discussed the scientific foundation and clinical progress with the Company’s lead pan-viral protease inhibitor CDI-988 during a podium presentation at the 9 th International Calicivirus Conference , held September 7–11, 2025 in Banff, Alberta. Based on a novel mechanism of action and superior broad-spectrum antiviral activity, CDI-988 represents a potential first oral antiviral for the prevention and treatment of norovirus infection.
“It was an honor to share highlights of our CDI-988 Phase 1 data with global norovirus experts at the leading calicivirus scientific meeting,” said Dr. Lee. “The recent completion of Phase 1 study and U.S. Food and Drug Administration’s (FDA) Investigation New Drug (IND) clearance for the next study mark significant milestones for our clinical development of CDI-988.”
In “ Oral Direct-Acting Antiviral CDI-988 for Norovirus Infection Prevention and Treatment: Mechanism of Action and Phase 1 Study Results ,” Dr. Lee emphasized CDI-988’s favorable safety profile in human intestinal tissue, the primary site of norovirus infection, along with its high exposure in small intestine, suggesting a potential GI-targeted norovirus antiviral.
CDI-988 was rationally designed with Cocrystal’s proprietary structure-based drug discovery platform technology. In vitro potency data and high-resolution crystal structures have shown broad-spectrum antiviral activity against multiple norovirus genogroups including GII.4 and GII.17, the strain responsible for the majority of circulating infections.
Dr. Lee also discussed previously reported Phase 1 results demonstrating CDI-988’s favorable safety and tolerability profile, with no serious adverse events. Earlier this week, Cocrystal announced FDA authorization to proceed with a Phase 1b human challenge study to evaluate CDI-988 as a potential norovirus prophylaxis and treatment. The study is expected to begin before year end.
The Calicivirus Conference is held every three years and unites scientists from across the globe who study calicivirus virology, evolution, pathogenesis, structural biology, diagnosis, epidemiology, treatment and prevention. The conference aims to foster open discussions, spark new collaborations and explore groundbreaking research. Delegates at this year’s conference engaged with the latest advances in the field through state-of-the-art lectures, oral presentations and poster sessions.
Protease Inhibitor CDI-988
CDI-988 was designed and developed with Cocrystal’s proprietary structure-based platform technology as a broad-spectrum inhibitor to a highly conserved region in the active site of 3CL viral proteases. It targets a highly conserved region in the active site of noroviruses, coronaviruses and other 3CL viral proteases.
Norovirus Infection
Norovirus, the leading cause of viral gastroenteritis worldwide, spreads rapidly in community settings such as hospitals, nursing homes, childcare facilities, schools and cruise ships. It causes nausea, vomiting, diarrhea, abdominal pain and dehydration, and is responsible for an estimated
$60 billion worldwide in direct healthcare costs and lost productivity.
Cocrystal Structure-Based Platform Technology
CDI-988 leverages Cocrystal’s proprietary structure-based drug discovery platform, which provides three-dimensional visualization of inhibitor complexes at near-atomic resolution. This technology enables rapid identification of novel drug binding sites and accelerates the development of broad-spectrum antivirals for the treatment of acute and chronic viral diseases.
About Cocrystal Pharma, Inc.
Cocrystal Pharma, Inc. is a clinical-stage biotechnology company that addresses significant unmet needs by developing innovative antiviral treatments for challenging diseases including influenza, viral gastroenteritis, COVID, and hepatitis. Cocrystal employs unique structure-based technologies and Nobel Prize-winning expertise to create first- and best-in-class antiviral drugs.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the potential efficacy of CDI-988 as a potential antiviral for the prevention and treatment of norovirus infection, and the Company’s plan to initiate a Phase 1b study in 2025. The words "believe," "may," "estimate," "continue," "anticipate," "intend," "should," "plan," "could," "target," "potential," "is likely," "will," "expect" and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements largely on our current expectations and projections about future events. Some or all of the events anticipated by these forward-looking statements may not occur. Important factors that could cause actual results to differ from those in the forward-looking statements include, the risks and uncertainties arising from the ability of our clinical research organization to recruit volunteers for, and to otherwise proceed with the challenge study, our contract manufacturing organization’s ability to produce the products needed for the study, risks relating to our ability to obtain regulatory approval for and proceed with clinical trials and our liquidity needs. Further information on our risk factors is contained in our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Investor Contact:
Alliance Advisors IR
Jody Cain
310-691-7100
[email protected]
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