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Published on 2/26/2009 in the Prospect News Special Situations Daily.

OPKO Health CEO reports 52.3% ownership interest

By Lisa Kerner

Charlotte, N.C., Feb. 26 - OPKO Health, Inc. chairman and chief executive officer Dr. Phillip Frost, through Frost Gamma Investments Trust, acquired or will acquire 21,769,490 shares of the company's common stock in a series of transactions from Aug. 9, 2008 to Feb. 24, according to a schedule 13D/A filed with the Securities and Exchange Commission.

Of the total amount of shares, 20 million are being acquired through a private placement that has not yet settled.

Frost beneficially owns 122,809,639 shares, or 52.3%, of the Miami health-care company.


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