Progenics Pharma (PGNX) Misses Q3 EPS by 1c

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Progenics Pharmaceuticals Announces Third Quarter 2015 Financial Results

November 9, 2015 7:30 AM EST

TARRYTOWN, N.Y., Nov. 09, 2015 (GLOBE NEWSWIRE) -- Progenics Pharmaceuticals, Inc. (Nasdaq: PGNX) today announced results of operations for the quarter and nine months ended September 30, 2015.

We had a highly productive quarter, with positive regulatory developments, key additions to our pipeline and continued clinical progress, stated Mark Baker, CEO of Progenics. The Breakthrough Therapy Designation for ultra-orphan candidate AzedraTM provides for an expedited development and review process, while the April 2016 PDUFA date for Oral RELISTOR establishes a pivotal near-term catalyst for our RELISTOR franchise.  We acquired PyL, an imaging agent which is highly complementary... More