Neoprobe completes financing

AuntMinnie.com staff writers
Dec 7, 2008

Gamma camera probe developer Neoprobe has wrapped up a $3 million investment in convertible preferred stock and warrants by Platinum-Montaur Life Sciences (Montaur).

Montaur has now invested $13 million in the Dublin, OH-based firm.

In other Neoprobe news, the company said that a phase III trial of its Lymphoseek radiopharmaceutical found a concordance rate of 96% with Lymphoseek and patient blue dyes. The trial studied the use of Lymphoseek in breast cancer and melanoma patients.

Related Reading

Neoprobe gets OK for Lymphoseek study, April 16, 2008

Neoprobe announces phase II Lymphoseek results, March 13, 2008

Neoprobe nets financing, December 27, 2007

Neoprobe extends agreement with Ethicon, December 20, 2007

Neoprobe, Cardinal Health ink distribution deal, November 28, 2007

Copyright © 2008 AuntMinnie.com

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