Formerly known as Ophthalmic Technologies Inc. Opko Health has recently agreed to acquire Chilean pharmaceutical company named Pharma Genexx for around US$ 16 million in cash. One of the reasons why this Florida-based pharma giant is taking up Chilean pharmaceutical is to enter the emerging markets in the future. The Miami-based Opko Health is a specialty healthcare company that is currently involved in the discovery, development and commercialization of pharmaceutical products, vaccines and diagnostic technologies. However, with this acquisition Opko Health is looking to expand into new areas like oncology and neurological disorders.

Opko Health CEO and Chairman Philip Frost have said that Opko Health believes that this acquisition will be an excellent strategic fit for Opko to expand further into international market. Currently, Pharma Genexx is involved in the representation,

CRWENewswire.com is pleased to announce a stock highlight on The United Illuminating Company (NYSE:UIL, ICF Incorporated, LLC,(NASDAQ:ICFI),Laboratory Corporation of America® Holdings (NYSE:LH)

The United Illuminating Company (NYSE:UIL) Tuesday August 4, 2009, filed an application with the U.S. Department of Energy (DOE) for a $37.5 million grant in “Smart Grid” funds that would enable the company to accelerate efforts to modernize its transmission and distribution system.

About UIL Holdings Corporation UIL Holdings Corporation engages in the purchase, transmission, distribution, and sale of electricity in the United States

ICF Incorporated, LLC, a subsidiary of ICF International (NASDAQ:ICFI), announced today the award of a new, multi-year contract valued at up to $27 million with the U.S. Department of Agriculture (USDA) Rural Development, Rural Utilities Service (RUS). Under this contract, the ICF team will support the RUS Broadband Initiatives Program, a part of the American Recovery and Reinvestment Act of 2009. About ICF International

ICF International (NASDAQ:ICFI) partners

Laboratory Corp. of America Holdings (LH)

Laboratory Corporation of America® Holdings, a S&P 500 company, is a pioneer in commercializing new diagnostic technologies and the first in its industry to embrace genomic testing. With annual revenues of $4.5 billion in 2008, over 28,000 employees worldwide, and more than 220,000 clients, LabCorp offers clinical assays ranging from routine blood analyses to HIV and genomic testing. Laboratory Corporation of America Holdings was founded in 1971 and is headquartered in Burlington, North Carolina.

Web site at: www.labcorp.com

Recent News:

Laboratory Corporation of America® Holdings (NYSE:LH) today announced the successful completion of its acquisition of Monogram Biosciences, Inc. LabCorp acquired Monogram pursuant to a cash tender offer followed by the merger of a wholly-owned subsidiary of LabCorp with and into Monogram.

Senior Housing Properties Trust (SNH)

Senior Housing Properties Trust, a real estate investment trust (REIT), primarily invests in senior housing properties in the United States.

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