Neoprobe scores grant

Gamma camera probe developer Neoprobe has received a $244,000 grant from the U.S. Department of Health and Human Services (HHS).

The grant, provided under the Qualifying Therapeutic Discovery Project Program established under section 48D of the Internal Revenue Code, is related to the application the company submitted for its Lymphoseek radiopharmaceutical, according to the Dublin, OH-based firm. Neoprobe said it would use the cash to provide additional support for Lymphoseek's development.

Related Reading

Neoprobe wraps up pre-NDA meeting, October 7, 2010

Neoprobe revenues, losses grow in Q2, August 10, 2010

Neoprobe expects Q2 revenue gains, July 15, 2010

Neoprobe secures $1M grant, June 25, 2010

Neoprobe nets $3.5 million, July 28, 2009

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