Cocrystal Pharma announces $5 million private placement with OPKO Health

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โดย GlobeNewswire·Read original
Summary · why it matters

Cocrystal Pharma has secured a $5 million investment from longtime investor OPKO Health through a private placement. Cocrystal sold 5,474,053 shares of its common stock to OPKO at $0.9134 per share, with no warrants or other derivative securities included. The company expects to report topline data from its Phase 1b norovirus trial by the end of the fourth quarter of 2026. OPKO Health Chairman and CEO Dr. Phillip Frost said the additional investment reflects continued conviction in Cocrystal's science and its path forward.

Impact on stocks 2

Biotech & Genomic Medicine · 2 stocks
Opko Health Inc
OPK
▲ PositiveCapitalrelevance

OPKO Health increases investment in Cocrystal, reflecting conviction in its science.