OPKO Health Announces Appointment of Juan F. Rodriguez as Chief Financial Officer
OPKO Health, Inc. (NYSE:OPK) is pleased to announce the appointment of
Juan F. Rodriguez as its new Senior Vice President and Chief Financial
Officer. Mr. Rodriguez replaces Mr. Rao Uppaluri who is retiring.
Mr. Rodriguez brings to OPKO over 20 years of financial and business
leadership experience, with over half of that in the life sciences
field. Most recently, Mr. Rodriguez was serving as a consultant and
advisor since 2007 to Cognitec Systems GmbH, a German software
developer. From 1995 to 2007, prior to its acquisition by Abbott
Laboratories, Mr. Rodriguez had been with Kos Pharmaceuticals, Inc., a
publicly traded, specialty pharmaceutical company engaged in the
development and commercialization of proprietary prescription products.
During his twelve years at Kos, Mr. Rodriguez held various positions of
increasing responsibility, including serving as Interim Chief Financial
Officer, and last serving as Senior Vice President, Controller and
Corporate Administration. Prior to joining Kos, Mr. Rodriguez was
employed by Arthur Andersen LLP from 1991 to 1994. Mr. Rodriguez is a
Certified Public Accountant and obtained his Bachelor of Accounting from
Florida International University.
"We are extremely pleased to welcome Juan to OPKO. Juan's industry
knowledge and financial expertise will be invaluable as we continue to
grow our company and execute our strategy to establish industry-leading
positions in large and rapidly growing medical markets," said Phillip
Frost, M.D., Chairman and Chief Executive Officer of OPKO.
Rao Uppaluri, has elected to retire from his role as the Chief Financial
Officer of the Company, but will remain involved as a consultant to OPKO.
"On behalf of OPKO's Board of Directors and the entire OPKO team, I want
to thank Rao for his valuable contributions to OPKO," said Dr. Frost.
"Rao has been instrumental as a founding member of OPKO and leaves
behind a strong, capable financial team. Our company and its employees
have all benefited from Rao's efforts and we wish him the very best in
retirement. We are also delighted that Rao will continue to be involved
with OPKO, ensuring a smooth transition."
About OPKO Health, Inc.
OPKO is a multi-national biopharmaceutical and diagnostics company that
seeks to establish industry-leading positions in large and rapidly
growing medical markets by leveraging its discovery, development and
commercialization expertise and novel and proprietary technologies.
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 all non-historical statements about our expectations,
beliefs or intentions regarding our business, technologies and products,
financial condition, strategies, prospects, growth opportunities, and
management. 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, and 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, except as
required by applicable law, 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.
OPKO Health, Inc.
Steven D. Rubin, 305-575-4100
Source: OPKO Health, Inc.
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