Navigation Links
Dendreon Reports First Quarter 2008 Financial Results
Date:5/8/2008

SEATTLE, May 8 /PRNewswire-FirstCall/ -- Dendreon Corporation (Nasdaq: DNDN) today reported results for the first quarter ended March 31, 2008. Revenue for the first quarter of 2008 was $31,000 compared to $80,000 for the quarter ended March 31, 2007.

Dendreon's total operating expenses for the three months ended March 31, 2008 were $19.2 million compared to $32.0 million for the same period in 2007. The significant reduction primarily relates to a decrease of $6.5 million associated with purchases of commercial scale quantities of the antigen used in connection with Dendreon's lead investigational product, Provenge(R) (sipuleucel-T) as well as reduced expenses associated with the IMPACT clinical trial which completed enrollment in October of 2007. The net loss for the quarter ended March 31, 2008 was $19.5 million, or $0.23 per share compared to a net loss for the same quarter of 2007 of $30.9 million, or $0.38 per share, which includes $0.08 per share associated with commercial antigen purchases. Cash, cash equivalents, short-term, and long-term investments at March 31, 2008 totaled $99.5 million compared to $120.6 million at December 31, 2007. Subsequent to March 31, 2008, the Company received approximately $46 million of net proceeds from the registered direct offering that closed on April 8, 2008.

"We had a very productive first quarter, highlighted by our amended Special Protocol Assessment (SPA) for our ongoing Phase 3 clinical study that accelerates our timeline for final results by a year. At Dendreon, our primary focus remains on providing the FDA with the additional clinical data that it needs to support the approval of PROVENGE so that we may offer this promising therapy to the many men with prostate cancer who currently have few appealing treatment options," stated Mitchell H. Gold, M.D., president and chief executive officer of Dendreon. "We remain in line with our previous financial and operational guidance for 2008, and as a resu
'/>"/>

SOURCE Dendreon Corporation
Copyright©2008 PR Newswire.
All rights reserved

Page: 1 2 3 4 5

Related biology technology :

1. Dendreon Announces Webcast Presentations at Upcoming Investor Conferences
2. Dendreon Announces Closing of Registered Direct Offering
3. Dendreon Announces $47 Million Registered Direct Offering
4. Dendreon Reports Fourth Quarter and 2007 Year End Financial Results
5. FDA Agrees to Amend Dendreons Special Protocol Assessment for Phase 3 IMPACT Study of PROVENGE
6. -Dendreon to Hold Conference Call on Thursday, March 13, 2008 at 11:00 AM ET-
7. Dendreon Publishes Manuscript on CD54 as a Surrogate Marker of Antigen Presenting Cell Activation
8. Dendreon Announces Webcast Presentation at BIO CEO & Investor Conference
9. Dendreon Promotes Dr. Mark Frohlich to Senior Vice President of Clinical Affairs and Chief Medical Officer
10. Dendreon Reports Third Quarter 2007 Financial Results
11. Dendreon Announces Webcast Presentations at Upcoming Investor Conferences
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/30/2015)... ... July 30, 2015 , ... As part of its 2015 growth plan and as a follow ... service business units, Whitehouse Laboratories is pleased to announce that it has begun construction ... Center of Excellence and will be strictly dedicated to basic USP 51, USP 61, and ...
(Date:7/29/2015)... , July 30, 2015 ... reports results for the second quarter of 2015. ... group,s results and its performance in different businesses. ... http://www.eurobusinessmedia.com/ceo-direct/sanofi/sanofi-h1-2015-results-interview-with-ceo-olivier-brandicourt?utm_source=ceo-direct&utm_medium=wire Topics ... Q2 results - Performance drivers ...
(Date:7/29/2015)... According to a new market research report, ... , published by Mordor Intelligence, the Global market is expected ... 2020, with North America being the ... global market size. The Global market for Stem Cells is ... period of (2015-2020).      (Logo: http://photos.prnewswire.com/prnh/20150428/740799) , ...
(Date:7/29/2015)... Japan (Q2 2015: +14% CER / 20% of sales) led the ... China , as well as solid contributions from Korea, ... / Middle East / Africa ... Germany , Turkey and the ... sales) grew 11%, excluding U.S. HPV sales, on demand across all customer classes. ...
Breaking Biology Technology:Whitehouse Labs Formally Announces Plans to Open a Microbiological Laboratory 2Asia Pacific to Dominate the Global Stem Cell Market - Vericel Corporation, Ocata Therpeutics, Athersys Inc., Cryo-Cell International, Geron Corporation, StemCells, Inc. Among the Major Players 2Asia Pacific to Dominate the Global Stem Cell Market - Vericel Corporation, Ocata Therpeutics, Athersys Inc., Cryo-Cell International, Geron Corporation, StemCells, Inc. Among the Major Players 3QIAGEN Reports Results for Second Quarter and First Half of 2015 2QIAGEN Reports Results for Second Quarter and First Half of 2015 3QIAGEN Reports Results for Second Quarter and First Half of 2015 4QIAGEN Reports Results for Second Quarter and First Half of 2015 5QIAGEN Reports Results for Second Quarter and First Half of 2015 6QIAGEN Reports Results for Second Quarter and First Half of 2015 7QIAGEN Reports Results for Second Quarter and First Half of 2015 8QIAGEN Reports Results for Second Quarter and First Half of 2015 9QIAGEN Reports Results for Second Quarter and First Half of 2015 10
... QUINCY, Mass., July 18 BioEnergy International, ... of,next-generation, renewable biochemicals and biofuels, announces the,acquisition ... (OBI) and the,integration of its current employees. ... competencies and proprietary Bacillus host technology,and metabolic ...
... on Insulin Sensitization Poster Wins One ... ... Bioscience, Inc.,leaders in real-time measurement of cellular bioenergetics announced today,the receipt ... at the 16th European Congress on Obesity (ECO 2008) May 14-17,2008 ...
... there to see inside a magnet that,s smaller than the head ... invented a new kind of MRI technique to do just that. ... computers, and even give doctors a new tool for studying the ... as heart disease. , In a recent issue of Physical ...
Cached Biology Technology:BioEnergy International, LLC Acquires Assets of OmniGene Bioproducts, Inc. 2BioEnergy International, LLC Acquires Assets of OmniGene Bioproducts, Inc. 3Seahorse Bioscience Receives Poster Award from the European Association for the Study of Obesity 2New kind of MRI enables study of magnets for computer memory 2New kind of MRI enables study of magnets for computer memory 3
(Date:7/13/2015)... Jul. 13, 2015 NXT-ID, Inc. (NASDAQ: ... authentication company focused on the growing mobile commerce ... patent 62/188684 for BEHAVIORAL-DIRECTED AUTHENTIATION METHOD ... convenient and secure method to make payments.  With ... methods, introduced with its groundbreaking voice-direct payment patent ...
(Date:7/9/2015)... 2015 Research and ... the "Biometrics for Banking; Market & Technology ... to their offering. The adoption for ... growth and the forecast is that by 2020 ... companies involved in delivering biometric systems to the ...
(Date:7/9/2015)... Calif. , July 9, 2015 /PRNewswire/ ... leading developer of human interface solutions, today ... the industry,s first fully hardware encapsulated fingerprint ... secure authentication technology is literally off the ... and biometric matching within the fingerprint sensor ...
Breaking Biology News(10 mins):NXT-ID Patents Behavior-Directed Payments 2NXT-ID Patents Behavior-Directed Payments 3NXT-ID Patents Behavior-Directed Payments 4Global Banking Biometrics Market 2015-2020 - Market & Technology Analysis, Adoption Strategies and Forecasts 2Global Banking Biometrics Market 2015-2020 - Market & Technology Analysis, Adoption Strategies and Forecasts 3Synaptics Announces World's First Match-in-Sensor Fingerprint Authentication Technology 2Synaptics Announces World's First Match-in-Sensor Fingerprint Authentication Technology 3
... species have been able to populate parts of the world ... over thousands of years. Now, an international team of scientists ... populations on Mediterranean islands. Despite the rat,s environmental impact, only ... by its enforced cohabitation with the rat. A European ...
... Max Delbrck Center for Molecular Medicine (MDC) Berlin-Buch has ... of the National Academy of Sciences Leopoldina and the ... biologist and GDR civil rights activist received the award ... political courage. The award was presented to him at ...
... Ohio) The International Rett Syndrome Foundation (IRSF) announced today ... support 18 innovative research projects in 2009. Each ... potential to drive the field forward and speed the ... Rett syndrome. With this announcement, the foundation has ...
Cached Biology News:Black rat does not bother Mediterranean seabirds 2Professor Jens Reich first recipient of the Carl Friedrich von Weizsacker award 2Professor Jens Reich first recipient of the Carl Friedrich von Weizsacker award 3International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 2International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 3International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 4International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 5International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 6International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 7International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 8International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 9International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 10International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 11International Rett Syndrome Foundation awards $2M for cutting-edge Rett syndrome research 12
... precision 5mm diameter, 7 inch long PYREX NMR ... compatibility with ground joints, valves, and vacuum racks. ... running from 300 to 500MHz. They have an ... of 4.20 + 0.013-0.000mm. These NMR tubes can ...
Preparation TW--Compatibility: Push-on end cap seals suitable up to 70 C only -Hybridization Tube for Model HB-1D -Comp Dim: 200 80 mm -Material: borosilicate glass -Mfr Desig: Techne FHB-12...
... Nutating Mixer is a combination of an ... three dimensional action while providing gentle, thorough ... unit can be used for a variety ... specimens, tissue culture, immunoblots, staining/destaining, chromatography, etc. ...
... top performance with exquisite design. The 96 ... unparalleled temperature uniformity. The instrument has a ... spreadsheet or alternatively in a graphical mode. ... the push of a button and swings ...
Biology Products: