OPKO Health Names Adam Logal CFO - Quick Facts

(RTTNews) - OPKO Health, Inc. (OPK) announced the appointment of Adam Logal as its Senior Vice President and Chief Financial Officer. Logal, the current Vice President, Finance, Chief Accounting Officer and Treasurer, replaces Juan Rodriguez, who would continue offering his services to OPKO as a consultant while he pursues personal business interests.

Further, Arie Gutman Ph.D. was named Chief Executive of OPKO's newly formed Active Pharmaceutical Ingredient and Chemical Development Division. Gutman, in this new role, would lead efforts to develop additional chemistry based businesses and also ensure in-house availability of advanced synthetic capabilities for OPKO's internal drug and diagnostic development programs, the company said.

Gutman founded FineTech Pharmaceutical Ltd., a highly profitable FDA approved business specializing in the development and manufacture of complex active pharmaceutical ingredients which OPKO purchased in December 2011.