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0 0.00646258503401365 -0.0129251700680271 -0.0272108843537414 -0.00340136054421761 0.00340136054421777 0.00340136054421777 0.00680272108843553
Stock impact report

OPK Gets Additional BARDA Funding to Develop Multispecific Antibodies [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., was awarded $35 million of additional funding under an existing contract with the Biomedical Advanced Research and Development Authority (BARDA), part of the Administration for Strategic Preparedness and Response at the U.S. Department of Health and Human Services on Monday. The funding brings the total support awarded to ModeX to $110 million out of $205 million if all options are executed. The funding is expected to support the development of a second novel multispecific antibody to SARS-CoV-2 from preclinical through Phase 1 trials, as well as preclinical work on gene-based expression of multispecific antibodies to SARS-CoV-2 including mRNA and/or DNA vectors. Additionally, ModeX will begin the development of influenza multispecifics with gene and/or protein delivery modalities by initiating the second phase of BARDA funding through the activation of a $16 million option. The funding and advancement of these programs w Show less Read more
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