Neoprobe

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Neoprobe defends design of latest Lymphoseek clinical trial

Cancer diagnostics company Neoprobe (NYSE Amex:NEOP) shot back at critics of the company’s latest phase 3 clinical trial of its radiopharmaceutical Lymphoseek. “It’s clear this was the right study done the right way,” CEO Mark Pykett said during a conference call with investors and analysts to discuss the company’s first-quarter financial results. Pykett spent the […]

Pharma

Neoprobe reports positive results in Lymphoseek clinical trial

A phase 3 clinical trial showed Neoprobe‘s (NYSE Amex:NEOP) radiopharmaceutical Lymphoseek to be superior to the current standard of care in identifying cancerous lymph nodes in patients with breast cancer or melanoma. With the positive results of the trial in hand, Neoprobe CEO Mark Pykett reiterated the Dublin, Ohio’s company’s plans to file for regulatory […]

Pharma

Neoprobe files SEC document to sell up to $100M in shares

Cancer diagnostics firm Neoprobe (NYSE Amex:NEOP) has filed a regulatory document that gives it the right to sell up to $100 million in shares. However, the Dublin, Ohio-based company has no immediate plans to issue those new shares, CFO Brent Larson said. “This is just good corporate governance,” Larson said. “There are no plans to […]

Pharma

Neoprobe avoids proxy fight with largest shareholder

Cancer diagnostics company Neoprobe (NYSE Amex:NEOP) has avoided a proxy fight with its largest shareholder by coming to an agreement with Platinum Montaur Life Sciences on board nominations. Platinum last month had threatened Neoprobe with a proxy fight aimed at installing three new directors on the Dublin, Ohio-based company’s board. Now, with Neoprobe agreeing to […]

Pharma

New Neoprobe CEO: Lymphoseek NDA pushed back to third quarter

The newly installed CEO of cancer diagnostics firm Neoprobe (NYSE Amex:NEOP) said the company is again delaying its FDA application to commercialize its radiopharmaceutical Lymphoseek. As recently as earlier this month, the company said it expected in the second quarter to file with the U.S. Food and Drug Administration a New Drug Application (NDA) for […]

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A Deep-dive Into Specialty Pharma

A specialty drug is a class of prescription medications used to treat complex, chronic or rare medical conditions. Although this classification was originally intended to define the treatment of rare, also termed “orphan” diseases, affecting fewer than 200,000 people in the US, more recently, specialty drugs have emerged as the cornerstone of treatment for chronic and complex diseases such as cancer, autoimmune conditions, diabetes, hepatitis C, and HIV/AIDS.

Pharma

Neoprobe looking ripe for acquisition; any takers?

As cancer diagnostics firm Neoprobe (NYSE Amex: NEOP) marches toward FDA approval of its “game-changing” radiopharmaceutical Lymphoseek and its share price continues to climb, many of the company’s shareholders are likely wondering when they’ll get the chance to cash out. There’s certainly plenty of investor interest in the company. Neoprobe’s shares are up a whopping […]

Pharma

Neoprobe’s biggest shareholder may launch proxy fight

Neoprobe‘s (NYSE Amex:NEOP) largest shareholder said it’s considering launching a proxy fight aimed at installing three new directors on the cancer diagnostics company’s board. Platinum-Montaur Life Sciences said in a regulatory filing that it is nominating three candidates for Dublin, Ohio-based Neoprobe’s board and that it “reserve[s] the right to solicit proxies to see that […]

Devices & Diagnostics

Neoprobe says Lymphoseek NDA to come next quarter

Cancer diagnostics firm Neoprobe (NYSE Amex:NEOP) plans to file for U.S. regulatory approval of its cancer-tracing agent Lymphoseek next quarter. CEO David Bupp confirmed on a conference call with investors that the Dublin, Ohio company during the second quarter would file a New Drug Application (NDA) for the tracing agent with the U.S. Food and […]

Pharma

Neoprobe shares hit 52-week high, then drop

It was a strange day on Wall Street for Neoprobe (AMEX: NEOP) as the company's shares hit a 52-week high while also ending the day down about 3 percent. The early surge may have been related to the company's continued progress on its drug Lymphoseek, a tracing agent that identifies cancerous lymph nodes in patients with breast cancer and melanoma.