Well, I had the same problem with the 4GB alcora pendrive, and the write-protected disk, etc. I WAS able to bring it back to life with the AlcorMP_AU698x_RT_v1.0.0.14_L0117 program (I had AU6987 in the ChipTest parameters, so that's probably why the program worked).
It worked despite pop-ups can't connect ..., and I already describe how it worked (trial and error method, just in desperation I intuitively changed some selected settings that I thought could change something):
1.I fired the program, the program detected the flash drive, I clicked start and an error "write error" popped up or something like that
2.clicked re-detect, detected, changed the Default Size settings to 4GB (i.e. the capacity of my flash drive), clicked Scan bad block
3.start and error again, click re-detect
4. I went to Setup-> Format Style tab and changed the MP Procedure there to Level 2
5.click start and error again, this time "CTL error"
6. Instead of Start, I click Low Level Format
7.it is done, I click start and this time it passed (PASS pops up green yay)
In general, I tried to describe in turn, but I don't remember that very precisely, I described what I managed to remember. Overall, I clicked on things in different orders, loaded the driver (the Driver button) along the way, and clicked Start several times. I hope you will do it too