other material
confidence high
sentiment positive
materiality 0.70
Cocrystal Pharma raises $5M from OPKO Health; norovirus Phase 1b data expected Q4 2026
Cocrystal Pharma, Inc.
- Sold 5,474,053 shares to OPKO at $0.9134/share, gross proceeds $5.0M, no warrants.
- Proceeds to fund preclinical/clinical programs, including norovirus Phase 1b trial with topline data by end of Q4 2026.
- Dr. Phillip Frost, Chairman/CEO of OPKO, is co-founder, director, and principal stockholder of Cocrystal.
- Private placement under Section 4(a)(2) and Regulation D; shares unregistered.