OPKO 4Kscore® Recommended in National Comprehensive Cancer Network Guidelines for Prostate Cancer Early Detection

OPKO Health (Ireland)

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June 26, 2015 10:25am EDT

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MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (NYSE:OPK) today announced the decision of the

National Comprehensive Cancer Network (NCCN) to include 4Kscore® as a

recommended test in the 2015 NCCN Guidelines for Prostate Cancer Early

Detection. The panel concluded that the 4Kscore, as a blood test with

greater specificity over the PSA test, is indicated for use prior to a

first prostate biopsy or after a negative biopsy to assist patients and

physicians in further defining the probability of high-grade cancer.

“We are pleased that the NCCN, an organization leading the way in the

establishment of evidence-based guidelines for cancer diagnostics, is

recommending the use of the 4Kscore test in the 2015 Prostate Cancer

Early Detection Guidelines,” said David Okrongly, Ph.D., President of

OPKO Diagnostics.

The 4Kscore test has been studied on over 22,000 patients with results

published in 12 peer-reviewed scientific publications. “Since its

launch, I have been offering and using the 4Kscore test with my patients

who have an abnormal PSA prior to a first prostate biopsy and before

repeating a prostate biopsy after a negative biopsy,” said Dr. Dipen

Parekh, Professor and Chair, Department of Urology at the University of

Miami and principal investigator for the recently published United

States multicenter validation study. “The 4Kscore provides me as a

clinician with important information about my patient’s individual risk

for having aggressive prostate cancer and allows me to have an informed

discussion with my patient about whether or not to proceed with a

prostate biopsy or safely follow the patient.”

The 4Kscore test is the only blood test that accurately identifies an

individual patient’s risk for high-grade, aggressive cancer. In arriving

at their recommendations, the NCCN panel stated: “The challenge is to

minimize immediate treatment (over-treatment) of indolent cancers by

accurately characterizing the biology of the detected cancer.

Identification and selective treatment of aggressive cancers should

result in significant decreases in morbidity and mortality while

limiting adverse effects on quality of life.”

“OPKO is committed to the strategy that effective therapy, particularly

cancer therapy, can be greatly enhanced by use of diagnostic tests,”

said Phillip Frost, M.D., OPKO's Chairman and Chief Executive Officer.

“Through diagnostics, we can enable physicians to take a more targeted

and precise approach in their treatment strategies and thus improve

patient outcomes and lower overall healthcare costs.”

About the 4Kscore Test

The 4Kscore is the only blood test that accurately identifies an

individual patient’s risk for aggressive prostate cancer, the lethal

form of prostate cancer. The 4Kscore uses a proprietary algorithm that

incorporates the blood levels of four different prostate-derived

kallikrein proteins: Total PSA, Free PSA, Intact PSA and Human

Kallikrein-2 (hK2), plus the patient's age, Digital Rectal Exam (DRE)

status (nodule / no nodule), and prior negative biopsy status (yes / no)

to calculate the percentage risk (probability) of finding a Gleason

Score 7 or higher grade of prostate cancer. The four kallikrein panel of

biomarkers utilized in the 4Kscore Test is based on over a decade of

research conducted by scientists at Memorial Sloan-Kettering Cancer

Center and leading European institutions and is established as a

recommended standard of care in the 2015 NCCN Prostate Cancer Early

Detection Guidelines. The 4Kscore Test provides individualized risk for

the presence of aggressive prostate cancer and adds new information to

the shared decision making discussion between the Urologist and the

patient.

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 the

4Kscore, the power of the 4Kscore to provide valuable information to

accurately identify aggressive prostate cancer and guide clinical

decision making, whether it will accurately predict high-grade

cancers, improve patient outcomes and reduce health care costs, whether

OPKO will successfully commercialize the 4Kscore, and the market for and

expected sales of 4Kscore, 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20150626005490/en/

OPKO Health, Inc.

David Okrongly, 305-575-4133

Source: OPKO Health, Inc.

Released June 26, 2015

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