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OPKO HEALTH (OPK)

Earnings summaries and quarterly performance for OPKO HEALTH.

Recent press releases and 8-K filings for OPK.

OPKO Health Reports Q3 2025 Results, Completes Oncology Division Sale, and Announces Regeneron Collaboration
OPK
Earnings
M&A
Share Buyback
  • OPKO Health completed the sale of BioReference Health's oncology division, receiving $192.5 million at closing and an additional $32.5 million in a performance-based earnout, aiming to streamline its lab business.
  • The company reported a Q3 2025 consolidated operating income of $48.1 million and net income of $21.6 million, or $0.03 per basic and diluted share.
  • OPKO Health announced a research collaboration and license agreement with Regeneron, potentially yielding over $1 billion in milestone payments and tiered royalties for the development of multi-specific antibodies.
  • The company repurchased 11.1 million shares during Q3 2025, with $126 million remaining under its share repurchase program as of September 30.
  • For Q4 2025, OPKO Health expects total revenue between $135 million and $140 million and anticipates achieving break-even operating results.
Oct 29, 2025, 8:30 PM
OPKO Health Reports Q3 2025 Financial Results and Strategic Business Highlights
OPK
Earnings
M&A
Share Buyback
  • OPKO Health, Inc. reported Q3 2025 consolidated total revenues of $151.7 million and net income of $21.6 million, or $0.03 per diluted share, which included a $101.6 million gain from the sale of BioReference oncology assets.
  • The company entered a research collaboration with Regeneron Pharmaceuticals to develop multispecific antibodies, with potential milestone payments exceeding $200 million for each program and an overall collaboration value potentially exceeding $1 billion.
  • OPKO completed the sale of BioReference Health's oncology and related clinical assets to Labcorp for $225 million, with $192.5 million paid at closing, and has repurchased approximately $73.8 million of common stock under its program, with $126.2 million remaining authorized.
  • The FDA approved a supplemental application for the 4Kscore® Test in July 2025, enabling its performance without digital rectal examination information.
Oct 29, 2025, 8:11 PM
OPKO Health Reports Q3 2025 Financial Results, Announces Regeneron Collaboration and Asset Sale
OPK
Earnings
M&A
New Projects/Investments
  • OPKO Health reported total revenues of $151.7 million for the third quarter of 2025, compared to $173.6 million for the same period in 2024, with net income of $21.6 million or $0.03 per diluted share.
  • The company completed the sale of BioReference Health's oncology and related clinical assets to Labcorp for $225 million, receiving $192.5 million at closing, and intends to utilize a portion of the proceeds for its share repurchase program.
  • OPKO entered into a research collaboration with Regeneron Pharmaceuticals to develop multispecific antibodies, with potential milestone payments that could exceed $1 billion if multiple products are successful.
  • The FDA approved a supplemental application for the 4Kscore® Test, allowing its performance without digital rectal examination information.
Oct 29, 2025, 8:05 PM
OPKO Health's ModeX Therapeutics Announces Collaboration with Regeneron
OPK
New Projects/Investments
  • ModeX Therapeutics, an OPKO Health company, has entered a license and collaboration agreement with Regeneron Pharmaceuticals Inc. to discover and develop multispecific antibodies for several therapeutic indications.
  • Under the terms of the agreement, ModeX will receive an upfront payment of $7 million.
  • The collaboration has a potential total value exceeding $1 billion if multiple products are successful, with potential future payments exceeding $200 million per selected molecule and tiered global net sales royalties up to low double digits.
  • Regeneron will fund and lead all preclinical, clinical development, and commercialization activities for any products it elects to advance.
Oct 29, 2025, 12:00 PM
OPKO Health Completes Sale of BioReference Health's Oncology and Clinical Testing Businesses to Labcorp
OPK
M&A
Share Buyback
  • On September 15, 2025, OPKO Health, Inc. completed the sale of select oncology and oncology-related clinical testing services businesses of its subsidiary, BioReference Health, to Labcorp.
  • The total purchase price for the transaction is up to $225 million, including $192.5 million paid at closing and up to $32.5 million in a contingent earnout based on performance.
  • BioReference Health will retain its core clinical testing operations in the New York and New Jersey region and its 4Kscore® Test franchise, which generated approximately $300 million in revenue for 2024.
  • OPKO intends to utilize a portion of the proceeds from the sale to fund its recently expanded share repurchase authorization.
Sep 15, 2025, 8:02 PM
Entera Bio and OPKO Health Report Positive Preclinical Data for Oral GLP-2 Tablet
OPK
Product Launch
New Projects/Investments
  • Entera Bio, in collaboration with OPKO Health, presented positive preclinical pharmacokinetic data for their oral GLP-2 analog, OPK-8801003, for Short Bowel Syndrome (SBS) at the 47th European Society for Clinical Nutrition & Metabolism (ESPEN) Congress on September 15, 2025.
  • The OPK-8801003 GLP-2 tablet demonstrated an extended half-life of approximately 15 hours in minipigs, an 18-fold improvement over teduglutide, and robust oral bioavailability with peak plasma concentrations reaching ~200 ng/ml (Cmax).
  • This oral tablet candidate aims to provide a less-invasive administration for the approximately 30,000 SBS patients who currently rely on daily injections of Gattex®, which generates approximately $800 million in annual sales.
Sep 15, 2025, 1:00 PM