OPKO Health Announces the Appointment of Greg Stanley as Vice President of Sales and Marketing for its Global Diagnostics Business Unit

OPKO Health (Ireland)

About the role

February 06, 2014 11:52am EST

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MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (NYSE:OPK) is pleased to announce the appointment of

Greg Stanley as Vice President of Sales and Marketing for its global

diagnostics business unit.

Mr. Stanley brings to OPKO extensive experience and expertise in the

market development and commercial operations of diagnostic products and

services. Prior to joining OPKO, Mr. Stanley served as chief commercial

officer of Oncimmune USA, LLC where he led the commercial strategy and

market development for the company’s oncology platform in early cancer

detection. Most notable was the successful launch and market growth of

EarlyCDT®-Lung, the first commercially available blood test to aid in

the early detection of lung cancer. Prior to this, Mr. Stanley served

over 5 years as director of marketing and then national director of

corporate accounts, for Roche Diagnostics where he led the successful

market introduction of numerous diagnostic products in point of care,

immunodiagnostics, hematology, clinical chemistry, blood gas, urinalysis

and blood glucose. Mr. Stanley had increasing scope of responsibility in

sales, marketing and management roles at Abbott Diagnostics, Chiron

Corporation, and Radiometer prior to his time at Roche. He has been at

the executive leadership level for over 15 years and during his tenure

served on the board of directors for Radiometer and Oncimmune. Mr.

Stanley received his B.S. degree, Business Administration, from the

University of Missouri-St. Louis.

“We are excited to have Greg joining the OPKO Diagnostics team here in

Miami,” said David Okrongly, President of OPKO Diagnostics. “His

experience at launching and gaining reimbursement for novel cancer

diagnostic tests combined with his broad background in IVD sales and

marketing is the perfect combination for the commercial leadership role

in the OPKO Diagnostics business unit.”

“We are fortunate to have Greg join the OPKO Diagnostics team where his

commercial expertise will have a significant impact as we prepare for

the launch of the 4Kscore™ prostate cancer diagnostic test and the

Claros®1 in-office immunodiagnostic analyzer,” said Phillip Frost, M.D.,

OPKO's Chairman and Chief Executive Officer.

ABOUT OPKO HEALTH, INC.

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 .

This press release includes forward looking statements, within the

meaning of the Private Securities Litigation Reform Act of 1995, which

are subject to risk and uncertainties that could cause actual results to

differ materially from those anticipated. Such statements may relate to

our plans, objectives and expected financial and operating results,

including statements relating to our products and product development

efforts, whether we launch or successfully commercialize the 4Kscore™

prostate cancer test and the Claros®1 in-office immunodiagnostic

analyzer, the expected benefits of these and other products in

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

expectations, beliefs or intentions regarding business, technologies and

products, financial condition, strategies or prospects and other similar

statements. The words "may," "could," "would," "will," "believe,"

"anticipate," "estimate," "expect," "intend," "plan," and similar

expressions or variations thereof are intended to identify

forward-looking statements. Investors are cautioned that any such

forward-looking statements are not guarantees of future performance and

involve risks and uncertainties, many of which are beyond our ability to

control. Many factors could cause 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,

that earlier clinical results of effectiveness and safety may not be

reproducible or indicative of future results, that compounds or

diagnostic products under development may fail, may not achieve the

expected results or effectiveness and may not generate data that would

support the approval or marketing of products for the indications being

studied or for other indications, that products under development by

others, may prove to be as or more effective than our products for the

indications being studied. 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 Juan F. Rodriguez, 305-575-4100

Source: OPKO Health, Inc.

Released February 6, 2014

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