OPKO Announces Publication of 20 Year Outcome Study for Lethal Prostate Cancer Using Kallikrein Biomarkers in 4Kscore Test

OPKO Health (Ireland)

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February 20, 2015 12:37pm EST

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MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (NYSE:OPK) today announced the online publication of a

study entitled “Improving the Specificity of Screening for Lethal

Prostate Cancer Using Prostate-specific Antigen and a Panel of

Kallikrein Markers: A Nested Case-Control Study” in the journal European

Urology . The study shows that the four kallikrein panel of

biomarkers utilized in the OPKO 4Kscore® Test (Total PSA, Free PSA,

Intact PSA and hK2) accurately identify men more likely to develop

distant prostate cancer metastases, and men with a low 4Kscore were

shown to have a low risk of developing metastatic prostate cancer in a

20-year follow up period.

The study is part of the Västerbotten Intervention Project (VIP), which

was initiated in 1986 in Västerbotten County, Sweden, and is a

population-based study involving a health exam at ages 40, 50, and 60

years of age, where blood was drawn and preserved. The VIP study

included data on over 40,000 men, representing greater than 57% of the

total background population in Västerbotten County. From this cohort,

blood samples of men who developed metastatic prostate cancer and

age-matched controls of cancer free men were tested for the four

kallikreins and their 4Kscore result was determined.

“The VIP study publication is the first time biomarkers have been shown

to improve long-term prediction of distant prostate cancer metastasis,”

said Dr. Peter Scardino, Chair, Department of Surgery, Memorial Sloan

Kettering Cancer Center. “The large increase in discrimination for

lethal prostate cancer observed with the use of the four kallikrein

panel supports its use as a reflex test before prostate biopsy in men

with elevated PSA.”

“The VIP publication takes the 4Kscore test beyond predicting

histological outcome for Gleason Score greater than or equal to 7,” said

David Okrongly, President of OPKO Diagnostics. “The VIP trial

convincingly demonstrates the power of the 4Kscore to predict the 20

year risk for metastatic prostate cancer and adds valuable information

to accurately identify men at high risk for aggressive prostate cancer

and confidently avoid a biopsy in men with low 4Kscores.”

About Prostate Cancer

According to the World Health Organization, prostate cancer is the

second most common cancer in men worldwide, with over 1.1 million men

diagnosed with prostate cancer in 2012 and over 300,000 men dying from

the disease. In countries like the U.S. where screening for prostate

cancer with the PSA test began 20 years ago there has been a sharp

increase in the number of prostate cancers detected. However, most of

the prostate cancers detected are an indolent, non-life threatening form

of the disease. The net result has been a decrease in prostate cancer

mortality during the PSA era, but at a cost of over detection and over

treatment of indolent prostate cancers.

About the 4Kscore Test

The 4Kscore is the only blood test that accurately identifies risk for

aggressive prostate cancer. The 4Kscore measures the blood plasma levels

of four different prostate-derived kallikrein proteins: Total PSA, Free

PSA, Intact PSA and Human Kallikrein-2 (hK2). These biomarkers are

combined with a patient's age, Digital Rectal Exam (DRE) status (nodule

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

proprietary algorithm to calculate the risk (probability) of finding a

Gleason Score 7 or higher 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. The 4Kscore Test provides

individualized risk for the presence of aggressive prostate cancer and

adds new information to the shared decision making discussion between a

Urologist and 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, whether the 4Kscore will accurately identify men more likely to

develop distant prostate cancer metastases, whether the 4Kscore will improve

long-term prediction of distant prostate cancer metastasis, whether the

4Kscore test will be used as a reflex test before prostate biopsy in men

with elevated PSA, the power of the 4Kscore to predict the 20 year risk

for metastatic prostate cancer, provide valuable information to

accurately identify aggressive prostate cancer and guide clinical

decision making, help men confidently avoid a biopsy, whether it will

accurately predict high-grade cancers, 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. Peter Scardino, M.D., serves as a member of the

OPKO Urology Advisory Board.

OPKO Health, Inc.

David Okrongly, 305-575-4133

Source: OPKO Health, Inc.

Released February 20, 2015

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