Navidea Biopharmaceuticals Reports First Quarter 2020 Financial Results

Go back to Navidea Biopharmaceuticals Reports First Quarter 2020 Financial Results

Navidea Biopharma (NAVB) Reports Q1 Loss of $0.13

May 14, 2020 4:25 PM EDT

Navidea Biopharma (NYSE: NAVB) reported Q1 EPS of ($0.13), versus ($0.24) reported last year. Revenue for the quarter came in at $155.66 thousand, versus $41.62 thousand reported last year.

First Quarter 2020 Highlights and Subsequent Events

Continued with double-digit subject enrollment in the Companys NAV3-31 Phase 2b study in rheumatoid arthritis (RA) and completed enrollment of subjects in Arms 1 and 2.Continued enrollment in the Investigator Initiated Phase 2 trial being run at the Massachusetts General Hospital evaluating Tc99m tilmanocept uptake in atherosclerotic plaques of HIV-infected individuals.Announced extension by the U.S. Patent and... More