Brothers in Arms 2: Global Front

Navidea Biopharmaceuticals Reports Third Quarter 2021 Financial Results

Retrieved on: 
Wednesday, November 10, 2021

Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) (Navidea or the Company), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announced its financial results for the third quarter and year-to-date for the period ended September 30, 2021.

Key Points: 
  • Navidea Biopharmaceuticals, Inc. (NYSE American: NAVB) (Navidea or the Company), a company focused on the development of precision immunodiagnostic agents and immunotherapeutics, today announced its financial results for the third quarter and year-to-date for the period ended September 30, 2021.
  • Total net revenues for the third quarter of 2021 were $96,000, compared to $268,000 for the same period in 2020.
  • R&D expenses for the third quarter of 2021 were $1.0 million, compared to $1.4 million in the same period in 2020.
  • Navidea ended the third quarter of 2021 with $7.2 million in cash and cash equivalents.