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OPK Gets Additional BARDA Funding to Develop Multispecific Antibodies
OPKOPKO Health(OPK) ZACKS·2024-10-11 14:20

OPKO Health, Inc.'s (OPK) company, ModeX Therapeutics Inc., was awarded 35millionofadditionalfundingunderanexistingcontractwiththeBiomedicalAdvancedResearchandDevelopmentAuthority(BARDA),partoftheAdministrationforStrategicPreparednessandResponseattheU.S.DepartmentofHealthandHumanServicesonMonday.ThefundingbringsthetotalsupportawardedtoModeXto35 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 s ...