Navidea to sell $8M milestone payment

2021 04 29 16 55 9257 Fist Cash 400

Navidea Biopharmaceuticals plans to sell an $8 million milestone payment it has received and to seek a $2.75 million equity line of credit.

The radiopharmaceutical developer said these moves will provide funding for its phase IIb (NAV3-32) and phase III (NAV3-33) trials and expand operations.

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