OPKO Health Appoints Jane Pine Wood as Chief Legal and Compliance Officer of BioReference Laboratories

OPKO Health (Ireland)

About the role

September 13, 2016 8:30am EDT

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MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (Nasdaq: OPK) announces the appointment of Jane

Pine Wood, Esq. as Chief Legal and Compliance Officer of its wholly

owned subsidiary, BioReference Laboratories, effective October 1, 2016.

Ms. Wood is a nationally respected healthcare attorney who has been

practicing law for 29 years. She specializes in laboratory regulatory

and compliance matters, and has counseled more than 500 pathology groups

and 350 clinical laboratories. For the past 28 years she has been with

the multi-state law firm McDonald Hopkins LLC, where she is a member of

the firm’s board of directors. Ms. Wood is a frequent speaker at

national and state laboratory and pathology meetings, is a contributor

to association publications and is regularly quoted in the national

press. Ms. Wood graduated from the Vanderbilt University School of Law.

"We are delighted to welcome Jane to the BioReference Laboratories team.

She has a distinguished legal career, having counseled a multitude of

pathology practices and clinical laboratories across the country; she is

considered one of the leading legal experts in the field. Her diverse

experience and insight on matters impacting the diagnostics and

laboratory industries will be of great value as we continue to deliver

high quality diagnostic services to improve patient care," said Gregory

S. Henderson, M.D., Ph.D., President of BioReference Laboratories.

About BioReference Laboratories, Inc.

BioReference Laboratories is one of the largest and fastest growing

full-service diagnostic laboratories in the world, providing clinical

testing services to physician offices, clinics, hospitals, long-term

care facilities and employers while also advancing drug discovery and

development with disease foundations, academic and pharmaceutical

partners. BioReference's comprehensive testing capabilities and

expertise spans molecular diagnostics, anatomical pathology, women's

health, oncology and rare disease genetics. For more information, visit www.bioreference.com .

About OPKO Health

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

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

Our diagnostics business includes BioReference Laboratories, the

third-largest clinical laboratory in the U.S. with a core genetic

testing business and a 420-person sales force to drive growth and sell

new products, such as the 4Kscore® prostate cancer test and the Claros®

1 in office immunoassay platform. Our pharmaceutical business features

RAYALDEE®, an FDA-approved treatment for stage 3-4 CKD patients with

secondary hyperparathyroidism and vitamin D insufficiency, and VARUBI™

for chemotherapy-induced nausea and vomiting (oral formulation launched

by partner Tesaro and IV formulation PDUFA is January 2017). Our

biologics products under development are hGH-CTP, a once-weekly human

growth hormone for injection (partnered with Pfizer), long-acting Factor

VIIa for hemophilia (in Phase 2a) and a long-acting oxyntomodulin for

diabetes and obesity (in Phase 1). OPKO has production and distribution

assets in several countries abroad, strategic investments and an active

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

Forward-looking Statements

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 our ability to generate or

accelerate growth at BioReference, our ability to transition and

transform the diagnostics and laboratory industry or improve patient

care through BioReference, our ability to commercialize important new

products, and BioReference's or OPKO's ability to deliver high-value or

innovative new testing to clinicians and patients, 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, challenges relating to integration of

BioReference, including management changes, 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/20160913005468/en/

OPKO Health, Inc.

Company

OPKO Health, Inc.

Tara

Mackay, 305-575-4100

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Voss, 310-691-7100

Source: OPKO Health, Inc.

Released September 13, 2016

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