Issue Date: September 29, 2008
Cocrystal Discovery Secures Financing
Cocrystal Discovery, a biopharmaceutical firm founded by two former Icos employees and Roger Kornberg, recipient of the 2006 Nobel Prize in Chemistry, has secured $10 million in its first round of financing. The Frost Group led the investors, and founder Phil Frost will join Cocrystal's board. Cocrystal, formed after Icos was acquired by Eli Lilly & Co. last year, will focus on using structure-based drug discovery to find antiviral compounds that target replication enzymes.
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