Independent Director Candidates Nominated by Velan Issue Letter to Progenics Shareholders

ALPHARETTA, Ga.--(BUSINESS WIRE)--Today, Dr. Gérard Ber released an open letter to stockholders of Progenics Pharmaceuticals, Inc. (“Progenics” or the “Company”) (NASDAQ:PGNX) on behalf of himself and the four other fully-independent director candidates – Dr. Eric J. Ende, Ann MacDougall, Heinz Mäusli and David W. Mims – nominated by Velan Capital, L.P. (“Velan”) for election to the Progenics Board of Directors (the “Board”).