Navidea getting new revenue source as cancer diagnostic aid launches in Europe

via navidea.com

Story excerpt provided by Columbus Business First.

Written by Carrie Ghose.

Navidea Biopharmaceuticals Inc. gets a new source of sales revenue with the European launch of the drug for which it sold North American rights in spring.

SpePharm AG, a specialty pharmaceutical arm of Dutch distributor Norgine BV, started sales of Lymphoseek in the United Kingdom, Denmark and the Netherlands. SpePharm’s exclusive sub-license applies to all 28 current EU member countries, and it is working to start sales in the rest.

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Originally published June 12, 2017.

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