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OPKO Health Inc Announces To Acquire Prost-Data, Inc.

Friday, 19 Oct 2012 08:13am EDT 

OPKO Health Inc announced that it has entered into a definitive agreement to acquire Prost-Data, Inc., doing business as OURLab, a Nashville-based CLIA laboratory with 18 phlebotomy sites throughout the U.S. and an experienced national sales force calling primarily on urologists. OURLab provides OPKO with a commercial platform to support the near-term U.S. commercial launch of its panel of kallikrein biomarkers and associated algorithm (4Kscore) for the detection of prostate cancer. The OPKO 4Kscore is the result of a decade of research by scientists in Europe and the U.S. and has been demonstrated in more than 10,000 patients to predict the probability of positive biopsies in men suspected of having prostate cancer. Terms of the contract were not disclosed . 

Company Quote

-0.08 -0.89%
4:01pm EDT