$OPK: Opko Health (OPK): New Signs Of Chaos In Key Diagnostics Division…


The President of Opko’s key BioReference division (82.8% of 2016 revenue) resigned and no new successor was named. We believe this to be a strong negative omen.  A recent lawsuit filed against BioReference alleges violations of law including forgery, releasing unverified test results, and falsification of employee training & competency documents.  A pattern of lawsuits emerges naming BioReference in 4 New York insurance fraud cases.  Opko’s recently FDA approved Varubi (licensed to TESARO) recently updated its risk factors to include major side effects, potentially inhibiting yet another cash…..

Full article address: https://seekingalpha.com/news/3334766-frontier-communications-suspends-dividend-shares-minus-8-percent

Related News

Could Opko Health Inc. Be a Millionaire-Maker Stock?

Latest News

Search Results


3 Top Healthcare Stocks to Buy Right Now

Motley FoolFeb 23, 2018
Investors favor the healthcare sector in times of market turbulence because no one chooses when they get sick. That makes the demand for products like drugs, hospitals, and medical devices fairly predictable, and largely immune to economic fluctuations. Which healthcare stocks do we Fools think are …
Herald KS

3 Cheapest Healthcare Stocks on the Market Right Now

Motley FoolFeb 14, 2018
The three cheapest healthcare stocks on the market right now with a market cap of at least $250 million based on price-to-book are Community Health Systems (NYSE:CYH), PDL Biopharma (NASDAQ:PDLI), and Mallinckrodt (NYSE:MNK). But are these cheap stocks smart picks for investors, or are they …

This Health Care Stock Hits Buy Zone On Flu, Medicare Law

Investor’s Business DailyFeb 22, 2018
In addition to the severe flu season this year, another potential catalyst for the company is the approval of the CHRONIC Care Act as part of the budget deal signed into law earlier this month. The legislation expands telehealth coverage under Medicare Advantage Plan B starting in 2020 and, beginning in …

3 Top Healthcare Stocks to Buy in February

Motley FoolFeb 11, 2018
The recent market downturn has created some great buying opportunity for opportunistic healthcare investors. But which stocks can be safely purchased today? We asked a team of healthcare investors to weigh in, and they picked AbbVie (NYSE:ABBV), Mylan Laboratories (NASDAQ:MYL), IQVIA Holdings …

Why Healthcare Stocks Soared in Trump’s First Year in Office

Motley FoolFeb 18, 2018
Healthcare stocks performed even better. The Health Care Select Sector SPDR ETF (NYSEMKT:XLV), an exchange-traded fund (ETF) that attempts to track an index of top healthcare stocks in the S&P 500, racked up a gain of nearly 27% during President Trump’s first year. But why did healthcare stocks …