Galena Biopharma (NASDAQ:GALE) announced this morning that it has licensed the rights to sell Zuplenz for $5 million in stock and cash, in addition to royalties, milestones, and an upfront payment.

Galena investors: There are some more important things to focus in on -- and in the video below, Motley Fool health care analysts Michael Douglass and David Williamson lay out what investors interested in Galena should be watching.

David Williamson has no position in any stocks mentioned. Michael Douglass has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.