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Navidea Biopharma (NAVB) Names New CEO

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Navidea Biopharma (NAVB) to Receive $1M in Lymphoseek-Related Milestone Payments

September 22, 2016 7:00 AM EDT

Navidea Biopharmaceuticals, Inc. (NYSE: NAVB) has announced it will receive payments totaling $1 million from two recently achieved Lymphoseek commercial milestones under its distribution agreements with U.S. partner Cardinal Health, Inc. (Cardinal) and European partner SpePharm AG, an affiliate of Norgine B.V. (Norgine). Navidea will collect a $500,000 milestone payment from Cardinal based on the sale of a 100,000th patient dose of Lymphoseek (technetium Tc 99m tilmanocept) injection... More