SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K
                                 CURRENT REPORT

     PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934

          Date of Report (Date of earliest event reported) May 7, 2004
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                         PROGENICS PHARMACEUTICALS, INC.
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             (Exact name of registrant as specified in its charter)


          Delaware                   000-23143                     13-3379479
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(State or other jurisdiction         (Commission                (IRS Employer
     of incorporation)               File Number)            Identification No.)


          777 Old Saw Mill River Road, Tarrytown, New York      10591
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            (Address of principal executive offices)         (Zip Code)


        Registrant's telephone number, including area code (914) 789-2800
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          -------------------------------------------------------------
         (Former name or former address, if changed since last report.)





Item 7.  Financial Statements, Pro Forma Financial Information and Exhibits.

(c) Exhibits

EXHIBIT NUMBER      DESCRIPTION

Exhibit 99.1        Press  Release  dated May 7, 2004 of the Company  announcing
                    its results of  operations  for its first  quarter and three
                    months ended March 31, 2004 (filed herewith).

Item 12.  Results of Operations and Financial Condition.

     The Company  furnishes  its press  release  dated May 7, 2004, in which the
Company  announces,  among other things, its results of operations for its first
quarter  and for the three  months  ended  March 31,  2004.  A copy of the press
release is attached as Exhibit 99.1 to this Current Report on Form 8-K.



                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                   PROGENICS PHARMACEUTICALS, INC.


                   By: /s/ Philip K. Yachmetz
                       --------------------------
                           Philip K. Yachmetz
                           Vice President, General Counsel and Secretary


Date:  May 24, 2004