EQUITY RESEARCH MEMO

Cocrystal Pharma (COCP)

Generated 5/10/2026

Executive Summary

Conviction (model self-assessment)45/100

Cocrystal Pharma is a clinical-stage biotechnology company leveraging a structure-based drug discovery platform to develop novel antiviral therapeutics. The company's pipeline includes CC-42344 for influenza A (Phase 1 completed), CDI-31244 for hepatitis C (Phase 2 completed), and CDI-988 for norovirus (currently in a Phase 1/2 trial). With a focus on broad-spectrum and resistance-resistant antivirals, Cocrystal aims to address significant unmet medical needs. The recent initiation of a Phase 1/2 trial for CDI-988 in norovirus represents a key near-term value driver.

Upcoming Catalysts (preview)

  • Q4 2026Phase 1/2 norovirus trial interim data for CDI-98830% success
  • H1 2027Initiation of Phase 2 trial for CC-42344 in influenza A40% success
  • TBDPotential partnership or licensing deal for hepatitis C or influenza program20% success
Locked sections
  • · Pipeline Analysis
  • · Competitive Landscape
  • · Catalyst Calendar (full 12-month)
  • · Bull Case
  • · Bear Case
  • · Counterfactual Scenarios
  • · Valuation Notes
  • · SEC Filing Highlights
  • · Insider Activity
  • · Literature Watch
  • · Patent Landscape
  • · Mechanism Cluster Map
  • · Audio Briefing (5 min)