Dendreon Shares Rise on Medicare Report on Provenge

Published On: November 12th, 2010

The technology assessment report will be part of the discussion at the Nov. 17 meeting with outside experts to consider Medicare coverage.

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Dendreon Shares Rise on Medicare Report on Provenge

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Dendreon Shares Up on Provenge Medicare Coverage Meeting Scheduling
Investors were pleased that a CMS announcement didn’t suggest the question of whether or not Provenge should be covered is on the agenda. ..
Dendreon Shares Plummet as Company Withdraws Provenge Sales Forecast
Shares of Dendreon are getting hammered today after the company reported yesterday that sales of Provenge, its $93,000 prostate cancer treatment, won’t meet forecasts despite expanded manufacturing capacity and recent favorable reimbursement decisions. ..
For Dendreon, It’s 500 Prescriptions for Provenge and Counting
Today, the company reported its first ever revenue from the product — $2.8 million in the second quarter, plus an additional $5.2 million in July. ..
Dendreon Insiders Celebrate Provenge Approval With Stock Sales
Susan Bayh, a company director and wife of Sen. Evan Bayh, netted nearly $2.5 million. ..
Dendreon Posts 4th-Quarter Profit on Royalty Stream Sale, Provenge
Dendreon posted a fourth-quarter profit on the sale of its royalty stream for a Merck hepatitis C drug, while Dendreon’s cancer drug Provenge generated higher sales. The Seattle-based company, however, said sales growth for Provenge would moderate for the first quarter ..
Pfizer Shares Rise as Analyst Note Sparks Spin-Off Talk
Pfizer may be considering a series of spin-offs that would leave the company with a core group of four pharma businesses, according to Sanford Bernstein analyst Tim Anderson. In a research note, the analyst says that “it seems from our recent meeting with CEO Ian Read that Pfizer may be destined for a significant shake-up..

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