Press Release May 10, 2022

OPKO Health Acquires ModeX Therapeutics for $300 Million

The Life Sciences team advised ModeX Therapeutics, Inc. on its sale to OPKO Health, Inc. (NASDAQ: OPK) for $300 million in OPKO common stock.

ModeX Therapeutics is a biotechnology company focused on developing innovative multi-specific immune therapies for cancer and infectious diseases. The company has developed highly flexible multi-specific antibody technology platforms with broad targeting and functional capabilities, simpler manufacturing and potentially better specificity and safety.

OPKO is a multinational biopharmaceutical and diagnostics company that seeks to establish industry-leading positions in large, rapidly growing markets by leveraging its discovery, development, and commercialization expertise and novel and proprietary technologies.

The Goodwin team was led by Stuart Cable and Ed Amer, and included Sam Beavers, Monique Noel and Tom Maher (corporate); Sarah Bock (ERISA & Executive Compensation); Dan Karelitz (Tax); Tim Holahan (Employment); Kara Kuritz (Antitrust); and Chris Denn (Life Sciences).

For more details, read the press release.