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Stock impact report

OPKO Health Announces Progress in EBV Vaccine Study, Stock Gains [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
OPKO Health, Inc. 's OPK company, ModeX Therapeutics Inc., announced the dosing of the first participant in the Phase I study (NCT06655324) of an Epstein-Barr virus (EBV) vaccine candidate yesterday. The EBV vaccine is being developed in collaboration with Merck, which is known as MSD outside the United States and Canada. Per management, the first participant has been dosed with novel investigational EBV vaccine targeting multiple viral proteins in the Phase I study. It is worth mentioning that this development triggers an undisclosed cash milestone payment from Merck to ModeX. The move is expected to be a significant milestone for ModeX's research and development programs related to the EBV vaccine, thereby solidifying OPKO Health's foothold in the niche space. OPK Stock Up Following the News Following the announcement, shares of the company gained nearly 4.1% till yesterday's closing. Historically, the company has gained a top-line boost from its various research and de Show less Read more
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