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Re: BTH post# 132692

Monday, 12/12/2011 7:10:29 PM

Monday, December 12, 2011 7:10:29 PM

Post# of 257288
Navidea (NEOP) licenses Alzheimer’s imaging agent from AZN:

http://finance.yahoo.com/news/Neoprobe-Licenses-AstraZeneca-bw-929146885.html?x=0

Financial terms of the in-licensing agreement include an upfront payment of $5 million to AstraZeneca and a series of contingent milestone payments including up to $6.5 million in potential payments based on the achievement of clinical development and regulatory filing milestones and up to additional $11 million due following the receipt of regulatory approvals and the initiation of commercial sales.

LOL—this product is not going to be a blockbuster, evidently.

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