Opko Health completes purchase of FineTech Pharma

Opko says it completed purchase of drug ingredient maker FineTech Pharmaceutical

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MIAMI (AP) — Opko Health Inc. said Thursday that it completed its purchase of FineTech Pharmaceutical Ltd., which makes active pharmaceutical ingredients for drug companies.

The holding company, based in Miami, said Dec. 21 that it would buy FineTech, which is based in Israel. Terms were not disclosed.

Shares of Opko fell 2 cents to $4.78 in afternoon trading.

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