OPK - Why Opko Health Shares Are Up After-Hours | Benzinga
Opko Health Inc (NASDAQ:OPK) shares are trading higher after-hours Wednesday. The company announced it entered into a $250 million non-dilutive note purchase agreement with HealthCare Royalty (HCRx).
The Details: Opko said the purchase agreement is secured by its profit share payments from Pfizer received pursuant to its license agreement relating to NGENLA, a once-weekly treatment to treat pediatric growth hormone deficiency.
The $250 million note issued under the Note Purchase Agreement bears interest at the ...