Data Supporting Once-Weekly Dosing of hGH-CTP in Growth Hormone Deficient Pediatric Population to be Presented as a Late Breaking Presentation at the European Society of Paediatric Endocrinology Conference

OPKO Health (Ireland)

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September 11, 2014 9:00am EDT

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MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (NYSE: OPK), today announced that the abstract “Top

Line Results of Once-Weekly, CTP-Modified Human Growth Hormone

(MOD-4023): Phase 2 Dose Finding Study in Children with Growth Hormone

Deficiency (GHD)” has been selected for late breaking oral presentation

at the 53rd Annual Meeting of the European Society of Paediatric

Endocrinology (ESPE) on September 20, 2014 in Dublin, Ireland. OPKO will

present six month efficacy, safety, pharmacokinetic and pharmacodynamics

data from the company's advanced phase 2 trial for its long acting human

growth hormone hGH-CTP (MOD-4023) in growth hormone deficient pediatric

subjects.

In addition, OPKO’s posters to be presented during the conference have

been recognized for outstanding advancement by ESPE and will introduce

additional data, as well as analytical characteristics of hGH-CTP in

preparation for the planned pediatric phase 3 study.

The data to be presented include results from the company’s phase 2

trial, a one year dose finding study administering hGH-CTP to growth

hormone deficient children once a week using daily hGH as a comparator.

The data from this study supported once-weekly dosing for hGH-CTP and

also enabled the selection of an appropriate dose to demonstrate

non-inferiority compared to daily hGH in the upcoming phase 3 study.

hGH-CTP demonstrated a good safety and tolerability profile in this

ongoing study.

OPKO presentations include the following

Oral Communication: “Top Line Results of Once-Weekly, CTP-Modified Human

Growth Hormone (MOD-4023): Phase 2 Dose Finding Study in Children with

Growth Hormone Deficiency (GHD)

Session details: FC – Late Breaking; Saturday September 20, 2014 08:45 –

09:45

Poster P1-D3-163 Six month Follow-up Pharmacokinetics and

Pharmacodynamics Profile of Once-Weekly, CTP-Modified Human Growth

Hormone (MOD-4023): Phase 2 Dose Finding Study in Children with GHD

Deficiency

Poster P1-D3-164 CHARACTERIZATION OF MOD-4023 GLYCOSYLATION, A CTP

MODIFIED LONG ACTING GROWTH HORMONE IN ADVANCED CLINICAL STAGES

About ESPE Conference

The theme of the meeting is prevention and therapeutic innovations in

pediatric endocrinology. Plenary sessions, symposia, meet-the-experts,

free communications and poster sessions in an interactive environment

with international experts will enable exchange of high quality clinical

information and basic science and promote international collaboration in

research and clinical practice. visit https:// http://www.espe2014.org/

ABOUT OPKO HEALTH

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. For more information,

visit http://www.opko.com .

SAFE HARBOR STATEMENT

This press release contains "forward-looking statements," as that

term is defined under the Private Securities Litigation Reform Act of

1995 (PSLRA), which statements may be identified by words such as

"expects," "plans," "projects," "will," "may," "anticipates,"

"believes," "should," "intends," "estimates," and other words of similar

meaning, including statements regarding expected benefits of hGH-CTP

(MOD-4023), whether OPKO's clinical trials for adult and pediatric

growth hormone deficiency will generate data to demonstrate

non-inferiority compared to daily hGH and support marketing approval,

whether hGH-CTP will be successfully developed or commercialized,

expectations regarding the product, its efficacy, safety and market

potential, as well as other non-historical statements about our

expectations, beliefs or intentions regarding our business, technologies

and products, financial condition, strategies or prospects. Many factors

could cause our actual activities or results to differ materially from

the activities and results anticipated in forward-looking statements.

These factors include those described in our filings with the Securities

and Exchange Commission, as well as the risks inherent in funding,

developing and obtaining regulatory approvals of new,

commercially-viable and competitive products and treatments. In

addition, forward-looking statements may also be adversely affected by

general market factors, competitive product development, product

availability, federal and state regulations and legislation, the

regulatory process for new products and indications, manufacturing

issues that may arise, patent positions and litigation, among other

factors. The forward-looking statements contained in this press release

speak only as of the date the statements were made, and we do not

undertake any obligation to update forward-looking statements. We intend

that all forward-looking statements be subject to the safe-harbor

provisions of the PSLRA.

OPKO Health, Inc.

Steven D. Rubin or Adam Logal, 305-575-4100

Source: OPKO Health, Inc.

Released September 11, 2014

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