I see COCP, 10% owned by OPK
issued a PR after hours today....
Cocrystal Pharma Initiates Coronavirus Program, Shares Up 34% After Hours
5:06 pm ET March 6, 2020 (Dow Jones) Print
By Josh Beckerman
Cocrystal Pharma Inc. said it has initiated its coronavirus program and will seek opportunities for collaborations.
The company is "aggressively pursuing the development of novel antiviral compounds."
Shares rose 34% after hours to $1.58.
On Feb. 24, Cocrystal shares more than doubled after the company entered a license agreement with Kansas State University Research Foundation to develop antiviral compounds for norovirus and coronavirus.
Cocrystal, which sold about $11 million of stock in late February, said Friday that its strong financial position will help research and development efforts.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
March 06, 2020 17:06 ET (22:06 GMT)
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