OPKO Receives FDA 510(k) Clearance for Spectral OCT SLO Combination Imaging System

OPKO Health (Ireland)

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January 23, 2009 9:13am EST

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MIAMI--(BUSINESS WIRE)--

OPKO Health, Inc. (NYSE Alternext US:OPK) today announced that it has

received 510(k) clearance from the U.S. Food and Drug Administration

("FDA") to begin marketing in the United States its Spectral OCT SLO

Combination Imaging System. Currently marketed internationally by the

Company's subsidiary, OPKO Instrumentation, LLC, the Spectral OCT SLO is

the product of more than a decade of innovation in the field of

combination imaging. High-resolution images are produced with inner

retinal choroid and vitreous detail that allow for improved monitoring

of ophthalmic disease progression or regression.

"We are pleased to receive 510(k) clearance for the OPKO Spectral OCT

SLO Combination Imaging System," said Jane H. Hsiao, Ph.D., Vice

Chairman and Chief Technical Officer of OPKO Health, and President of

OPKO Instrumentation. "We believe that the high image quality produced

by our Spectral OCT SLO and its versatile user-friendly interface offer

the clinician a valuable tool for the detection and visualization of

ocular pathologies. In addition, we recently hosted a FDA audit at our

facility in Toronto, Canada where we manufacture our Spectral OCT SLO

and ultrasound products and are pleased to announce it was accepted

without any citation of deficiency after the inspection."

About the Spectral OCT SLO

The Spectral OCT SLO is a non-contact, high-resolution non-invasive

tomographic and confocal imaging device indicated for in vivo viewing,

axial cross-sectional, and three-dimensional imaging and measurement of

posterior ocular structures including: retina, macula, retina nerve

fiber layer and optic disk. It is used as a diagnostic device to aid in

the detection and management of ocular diseases affecting the posterior

segment of the eye. In addition, the system can image the cornea, sclera

and conjunctiva by changing the focal position.

About OPKO Health, Inc.

Miami-based OPKO is a specialty healthcare company engaged in the

development, marketing, and sales of novel agents and both diagnostic

and therapeutic devices for the management of ophthalmic diseases. For

more information visit the company's website 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 statements regarding our product development efforts,

our ability to commence sales of the Spectral OCT SLO in the United

States, and our ability to develop a preclinical pipeline of novel

agents for ophthalmic diseases, 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 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.

Source: OPKO Health, Inc.

Released January 23, 2009

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