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Dendreon Reports Third Quarter 2007 Financial Results

38 73,629

Loss from operations (19,701) (21,644) (74,523) (73,442)

Interest income 2,022 1,353 4,744 4,641

Interest expense (1,551) (452) (2,534) (1,354)

Net loss $(19,230) $(20,743) $(72,313) $(70,155)

Basic and diluted net

loss per share $(0.23) $(0.29) $(0.88) $(0.98)

Shares used in

computation of basic

and diluted net

loss per share 82,965 71,320 82,356 71,236

September 30, December 31,

2007 2006

Balance Sheet Data:

Cash and cash

equivalents $90,950 $60,964

Short-term investments 30,184 45,492

Long-term investments 17,694 14,827

Total assets 181,059 163,643

Convertible notes 85,250 -

Total stockholders' equity 64,611 125,717

SOURCE Dendreon Corporation
Copyright©2007 PR Newswire.
All rights reserved

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