OPKO Health Inc (OQ:OPK)

Business Focus: Medical & Diagnostic Laboratories

Sector:  Healthcare Industry:  Healthcare Facilities & Services
 
See Regulatory Filings on SEC
Company Contact
Address: 4400 Biscayne Blvd.
MIAMI FL 33137
Tel: 1-310-6917100
Website: https://www.opko.com
IR: See website
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Key People
Phillip Frost
Chairman of the Board, Chief Executive Officer
Elias A. Zerhouni
President, Vice Chairman of the Board
Jane H. Hsiao
Vice Chairman of the Board, Chief Technical Officer
Adam E. Logal
Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Treasurer
Charles W. Bishop
Chief Executive Officer of OPKO Renal
Tony F. Cruz
Chief Executive Officer, Transition Therapeutics, Inc
Steven D. Rubin
Executive Vice President - Administration, Director
Gary J. Nabel
Chief Innovation Officer, Director
 
Business Overview
OPKO Health, Inc. is a multinational biopharmaceutical and diagnostics company. The Company's diagnostics segment consists of the clinical laboratory operations of BioReference Health, LLC (BioReference), its point-of-care operations. Its pharmaceutical segment consists of the pharmaceutical operations in Chile, Mexico, Ireland, Israel, Spain, Ecuador, France, the United States, and its pharmaceutical research and development operations. Through BioReference, it operates specialized laboratory divisions, such as GenPath (Urology), GenPath (Oncology), and GenPath (Women's Health). It has two commercial stage pharmaceutical products and several pharmaceutical compounds and technologies in various stages of research and development for a range of indications and conditions, including Rayaldee, Rayaldee, Oxyntomodulin, Biologics, NGENLA Somatrogon, and Factor VIIa-CTP. It develops and manufactures specialty active pharmaceutical ingredients (APIs) through FineTech Pharmaceutical, Ltd.
Financial Overview
For the fiscal year ended 31 December 2023, OPKO Health Inc revenues decreased 14% to $863.5M. Net loss decreased 42% to $188.9M. Revenues reflect Diagnostics segment decrease of 32% to $515.3M, United States segment decrease of 24% to $597.8M. Lower net loss reflects Pharmaceutical segment income totaling $41.2M vs. loss of $13M, Diagnostics segment loss decrease of 10% to $155.6M.
Employees: 3,930 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $1,035M as of Dec 31, 2023
Annual revenue (TTM): $863.49M as of Dec 31, 2023
EBITDA (TTM): -$51.69M as of Dec 31, 2023
Net annual income (TTM): -$188.86M as of Dec 31, 2023
Free cash flow (TTM): -$44.47M as of Dec 31, 2023
Net Debt Last Fiscal Year: $163.55M as of Dec 31, 2023
Shares outstanding: 696,991,677 as of Feb 13, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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