Navidea Biopharma (NAVB) Halted, News Pending
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Navidea Biopharma (NAVB), Cardinal Health (CAH) Enter Asset Purchase Agreement
November 23, 2016 3:14 PM ESTNavidea Biopharmaceuticals (NYSE: NAVB) today announced that it has entered into a definitive asset purchase agreement with Cardinal Health (NYSE: CAH). Pursuant to the purchase agreement, Cardinal Health will purchase Navideas Lymphoseek® product for lymphatic mapping, lymph node biopsy and the diagnosis of metastatic spread to lymph nodes for the staging of cancer in North America. Navidea will receive $80 million at closing, plus the opportunity to earn up to $230 million of contingent consideration based on certain... More
