BioReference Health Streamlining and Asset Sale
OPKO Health is in the process of selling its oncology and related clinical testing business to Labcorp for $225 million, with $192.5 million payable at closing. This transaction is expected to improve BioReference's financial profile and focus on core clinical testing operations.
4Kscore Test FDA Approval
The FDA granted approval for a supplemental application of the 4Kscore test, allowing it to be performed without digital rectal examination information, enabling broader use by primary care providers.
Growth in 4Kscore Test Volumes
4Kscore test volumes increased by approximately 12% year-over-year, with expectations for further growth following FDA approval.
Advancement in Pharmaceutical Pipeline
OPKO has multiple programs in Phase I clinical trials, including a partnership with Merck on an EBV vaccine and collaboration with Entera Bio on oral formulations of GLP-1/glucagon agonist and GLP-2 candidate.
Rayaldee and Latin American Pharmaceutical Performance
Rayaldee maintained revenue of $7.2 million for both 2025 and 2024 with improved margins, while the Latin American Pharmaceutical division continued to perform well.