OPKO Health, Inc. OPK recently inked an exclusive worldwide agreement with privately held CAMP4 Therapeutics Corporation (CAMP4). The licencing agreement is aimed at developing, manufacturing and commercializing therapeutics using the former’s AntagoNAT technology.For investors’ note, the AntagoNAT technology is an oligonucleotide (a compound comprised of about three to twenty nucleotides, which form the basic structural unit of nucleic acids such as DNA) platform developed under OPKO CURNA.The latest worldwide agreement is expected to significantly strengthen OPKO Health’s foothold in the global Oligonucleotide Therapeutics business, which is a part of the company’s broader Pharmaceutical arm.Insight Into the DealPer the terms of the agreement, OPKO Health will receive an upfront payment and shares of CAMP4. It will be eligible to receive up to $93.5 million and additional shares on achieving certain development and sales targets for products developed from this technology and associated intellectual property. The company will also receive double-digit royalties on product sales from CAMP4.Rationale Behind the DealPer management, the licensing agreement is expected to advance the development and commercialization of potential disease-modifying therapeutics. OPKO Health believes that CAMP4’s focus on therapeutics that restore healthy gene expression will aid in accelerating its Dravet syndrome compound via the required patient trials.CAMP4 has prioritized OPKO Health’s AntagoNAT compound to progress into clinical trials for the treatment of Dravet syndrome. Per the Epilepsy Foundation, the syndrome is a rare drug-resistant epilepsy that begins in the first year of life in an otherwise healthy infant.Industry ProspectsPer a report by Research and Markets, the global oligonucleotide therapy market is expected to grow from $0.98 billion in 2021 and reach $1.62 billion in 2025 at a CAGR of 13%. Factors like growing incidence of cancer and the necessity for personalized medicines for neurodegenerative disorders are likely to boost the market.Given the market potential, the signing of the agreement seems to have been timed well.Notable DevelopmentsOf late, OPKO Health has witnessed a few notable developments across its businesses.The company, in June, announced that its subsidiary, EirGen Pharma, Ltd., has entered into an agreement with Nicoya Macau Limited, an affiliate of Nicoya Therapeutics (Nicoya). The deal is aimed at the development and commercialization of RAYALDEE in Greater China (mainland China, Hong Kong, Macau and Taiwan) for the treatment of secondary hyperparathyroidism in patients with stage 3 or 4 chronic kidney disease.The same month, OPKO Health announced that its subsidiary, EirGen Pharma, has inked a definitive agreement with Horizon Therapeutics Public Limited Company HZNP to sell one of its facilities in Waterford, Ireland to the latter.In May, the company announced a transfer of the licensed rights to RAYALDEE in Japan from Japan Tobacco Inc. to Vifor Fresenius Medical Care Renal Pharma.Price PerformanceShares of OPKO Health have lost 5.9% in the past year against the industry’s 21% growth and the S&P 500's 38.7% rise.Image Source: Zacks Investment ResearchZacks Rank & Key PicksCurrently, OPKO Health carries a Zacks Rank #3 (Hold).A couple of better-ranked stocks from the broader medical space are Veeva Systems Inc. VEEV and National Vision Holdings, Inc. EYE.Veeva Systems’ long-term earnings growth rate is estimated at 15.8%. The company presently flaunts a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.National Vision’s long-term earnings growth rate is estimated at 23%. It currently sports a Zacks Rank #1. Bitcoin, Like the Internet Itself, Could Change Everything Blockchain and cryptocurrency has sparked one of the most exciting discussion topics of a generation. Some call it the “Internet of Money” and predict it could change the way money works forever. If true, it could do to banks what Netflix did to Blockbuster and Amazon did to Sears. Experts agree we’re still in the early stages of this technology, and as it grows, it will create several investing opportunities. Zacks’ has just revealed 3 companies that can help investors capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly. See 3 crypto-related stocks now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Horizon Therapeutics Public Limited Company (HZNP): Free Stock Analysis Report OPKO Health, Inc. (OPK): Free Stock Analysis Report Veeva Systems Inc. (VEEV): Free Stock Analysis Report National Vision Holdings, Inc. (EYE): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research