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Opko Health, Inc. Message Board

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  • icemandios icemandios Apr 19, 2012 12:35 PM Flag

    Bouncing Up

    Chiliean #1 (Pharma Genexx) was $16M all cash.

    " Pharma Genexx started operations in 2006 and has since enjoyed continued growth in sales and profits. Pharma Genexx had sales of approximately US $11 million in 2008 and approximately US $7.6 million for the first six months of 2009."

    Mexican deal:

    "acquired all of the outstanding stock of Exakta and real property owned by Inmobiliaria for a total aggregate purchase price of $4 million, of which an aggregate of $1.6 million was paid in cash and $2.4 million was paid in shares of OPKO Common Stock"

    Chilean #2:

    Opko Health agreed to acquire a Chilean pharmaceutical company for $4 million in cash.

    The Miami-based drug development and sales company (NYSE: OPK) said it would buy ALS Distribuidra Limitada from current owners Inversiones SVJV Limitada, Inversiones BS Limitada and Inversiones PYTT Limitada.

    ALS makes and distributors products under the Arama name. It is the exclusive distributor of Arama Laboratorios y Compañía Limitada.

    "This acquisition is an excellent strategic fit as Opko expands its sales and distribution capabilities, particularly for its new pharmaceutical and diagnostic products,” Opko Chairman and CEO Dr. Phillip Frost said in a news release.

8.67-0.01(-0.12%)Jul 22 4:03 PMEDT

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