OPKO Health Announces Executive Appointment

OPKO Health (Ireland)

About the role

March 28, 2016 8:30am EDT

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Ronald Trust, Ph.D., MBA, Appointed Vice President of Regulatory

Affairs

MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (NYSE: OPK )

today announced the appointment of Dr. Ronald Trust as Vice President of

Regulatory Affairs of OPKO Pharmaceuticals.

Prior to joining OPKO, Ron held senior regulatory positions at Allergan

(through its acquisition of Durata Therapeutics), spent over 16 years at

Pfizer in various regulatory affairs positions, and most recently worked

as an independent consultant providing strategic regulatory consulting

services to the pharmaceutical industry. Ron received his PhD in organic

chemistry from the California Institute of Technology and he also holds

a Masters in Business Administration from Fairleigh Dickinson University.

“Ron has over 40 years of pharmaceutical industry development

experience, including over 30 years in regulatory affairs, safety/risk

management and quality assurance, which will be of tremendous value as

we continue to bring our product candidates to market,” said Phillip

Frost, M.D., Chairman and Chief Executive Officer of OPKO.

About OPKO Health, Inc.

OPKO Health, Inc. is a diversified healthcare company that seeks to

establish industry-leading positions in large, rapidly growing markets.

Our diagnostics business includes Bio-Reference Laboratories, the

nation's third-largest clinical laboratory with a core genetic testing

business and a 420-person sales force to drive growth and leverage new

products, including the 4Kscore® prostate cancer test and the Claros®1

in-office immunoassay platform. Our pharmaceutical business features

Rayaldee™, a treatment for SHPT in stage 3-4 CKD patients with vitamin D

insufficiency (March 29, 2016 PDUFA date) and VARUBI™ for

chemotherapy-induced nausea and vomiting (oral formulation launched by

partner Tesaro, IV formulation in Phase 3). Our biologics business

includes hGH-CTP, a once-weekly human growth hormone injection (in Phase

3 and partnered with Pfizer), and a long-acting Factor VIIa drug for

hemophilia (in Phase 2a). We also have production and distribution

assets worldwide, multiple strategic investments and an active business

development strategy. More information is available at www.opko.com .

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 all non-historical statements about our expectations,

beliefs or intentions regarding our business, technologies and products,

financial condition, strategies, prospects, growth opportunities, and

management. 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, and 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, except as

required by applicable law, 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/20160328005365/en/

OPKO Health, Inc.

Tara Mackay, 305-575-4100

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Rooney, 212-223-0689

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Bruce

Voss, 310-691-7100

Source: OPKO Health, Inc.

Released March 28, 2016

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