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-0.00362318840579702 -0.00724637681159421 -0.00724637681159421 -0.0108695652173912 -0.0144927536231884 -0.0144927536231884 -0.0144927536231884 -0.0144927536231884
Stock impact report

Opko Health Inc.'s (OPK) ModeX Therapeutics Announces License and Collaboration Agreement With Regeneron Pharmaceuticals [Yahoo! Finance]

Opko Health, Inc. (OPK) 
Last opko health, inc. earnings: 2/26 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.opko.com
Company Research Source: Yahoo! Finance
Inc., an Opko Health Inc. (NASDAQ:OPK) company, announced on October 29 a license and collaboration agreement with Regeneron Pharmaceuticals Inc. for the development and discovery of multispecific antibodies for a number of therapeutic indications of mutual interest. Is Opko Health Inc. (OPK) the Best Nasdaq Stock Under $5 to Buy? Management reported that the collaboration will “apply ModeX's MSTAR platform and Regeneron's proprietary binders to develop multispecific antibody candidates” targeting several distinct biological pathways in a single molecule. The terms of the agreement dictate that ModeX would receive an “upfront payment of USD $7 million, and potential future product selection payments, clinical and regulatory milestone payments, and commercial milestone payments exceeding USD $200 million per selected molecule”. The collaboration's overall value potentially surpasses $1 billion “if multiple products from the collaboration are successful”. Additionally, ModeX is Show less Read more
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