Overview
Cocrystal Pharma Q3 net loss decreases to $2 mln from $4.9 mln yr/yr
Company received FDA clearance for CDI-988 Phase 1b norovirus study starting Q1 2026
Company granted NIH SBIR award to advance influenza A/B replication inhibitor program
Outlook
Company to start Phase 1b norovirus study in Q1 2026
Company received NIH SBIR award for influenza A/B program
Result Drivers
Research and development (R&D) expenses for the third quarter of 2025 were $954,000, compared with $3.2 million for the third quarter of 2024
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Net Income
-$2.05 mln
Q3 Basic EPS
-$0.19
Q3 Operating Expenses
$2.09 mln
Q3 Operating Income
-$2.09 mln
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the biotechnology & medical research peer group is "buy"
Wall Street's median 12-month price target for Cocrystal Pharma Inc is $8.00, about 87.1% above its November 13 closing price of $1.03
Press Release: ID:nGNX14KPYm
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)