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OPKO completes Latin American acquisition
April 2013
by Jeffrey Bouley  |  Email the author
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MIAMI—OPKO Health Inc. has completed its acquisition of Silcon Comércio, Importacao E Exportacao de Produtos Farmaceuticos e Cosmeticos Ltda. OPKO announced the acquisition of the San Paulo, Brazil-based company in December 2012, though no financial details related to the transaction were disclosed. The purchase allows OPKO to expand its Latin American presence, in addition to complementing its business units in Chile and Mexico, and will enable commercialization of the OPKO 4Kscore prostate cancer test in Brazil as a reference laboratory test.  
 
"We are excited to establish our initial footprint in the most important growth market in South America and initiate commercial efforts towards the introduction of our 4Kscore test in the Brazilian market," Dr. Phillip Frost, chairman and CEO of OPKO, said in a press release.  
 

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