OPKO Health's GeneDx Enters into Agreement with Pediatrix Medical Group

8/12/20

GeneDx, Inc., a subsidiary of BioReference Laboratories, Inc., an OPKO Health company (NASDAQ:OPK), the global leader in neonatal and pediatric genetic testing, announced the entrance into an agreement with Pediatrix Medical Group, the nation's leading provider of maternal-fetal, and pediatric medical and surgical subspecialty physician services, to offer state-of-the-art, next-generation genomic sequencing to support clinical diagnosis in neonatal intensive care units staffed by Pediatrix's affiliated neonatologists. The sequencing is designed to enhance diagnostic capabilities in order to lessen the impact of disease and facilitate the development of novel precision medicine solutions for pediatric care. The initial offering will include whole exome and whole genome sequencing and genomic support services under the brand Detect Genomix and the initial clinical diagnostic support services will be made available to hospitals and patients across the country.

"Our innovative technology, advanced analytics, customized genomic reports and genetic counseling offerings coupled with Pediatrix's vast neonatal clinical experience and expansive coverage across the country set the stage for this arrangement to provide the first comprehensive offering of this type to hospitals and health systems nationwide," said Jon R. Cohen, M.D., Executive Chairman of BioReference Laboratories and GeneDx.

"Our combined network of more than 2,200 affiliated physicians and GeneDx's more than 100 genetic counselors will make Detect Genomix one of the nation's largest neonatal genomics platforms," said Ingrid Vasiliu-Feltes, M.D., MBA, Chief Quality and Innovation Officer at Pediatrix. "Genetic disorders and congenital anomalies are a leading cause of neonatal morbidity and mortality, and time to diagnosis is a crucial factor in the treatment of the patient. This arrangement is designed to provide Pediatrix-affiliated neonatologists with access to the latest sequencing technology."

About GeneDx, Inc.

GeneDx, Inc. is a global leader in genomics, providing testing to patients and their families from more than 55 countries. Led by its world-renowned clinical genomics program, GeneDx has an acknowledged expertise in rare and ultra-rare genetic disorders, as well as one of the broadest menus of sequencing services available among commercial laboratories. GeneDx offers a suite of additional genetic testing services, including diagnostic testing for hereditary cancers, cardiac, mitochondrial, neurological disorders, prenatal diagnostics and targeted variant testing. GeneDx is a subsidiary of BioReference Laboratories, Inc., a wholly owned subsidiary of OPKO Health, Inc. To learn more, please visit www.genedx.com.

About OPKO Health, Inc.

OPKO is a multinational biopharmaceutical and diagnostics company that seeks to establish industry-leading positions in large, rapidly growing markets by leveraging its discovery, development, and commercialization expertise and novel and proprietary technologies. For more information, visit www.opko.com

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