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Dendreon Reports Third Quarter 2009 Financial Results and Continuing Progress Toward PROVENGE Commercialization
Date:11/11/2009

2009 2008 2009 2008 ---- ---- ---- ---- (unaudited) Revenue $25 $26 $80 $83 Operating expenses: Research and development 16,494 12,660 41,613 39,331 General and administrative 9,301 4,625 22,126 15,720 ----- ----- ------ ------ Total operating expenses 25,795 17,285 63,739 55,051 ------ ------ ------ ------ Loss from operations (25,770) (17,259) (63,659) (54,968) Interest income 196 819 725 2,907 Interest expense (606) (1,218) (1,930) (3,995) Loss from valuation of warrant liability (19,371) (9,119) (122,788) (6,751) ------- ------ -------- ------ Net loss $(45,551) $(26,777) $(187,652) $(62,807) ======== ======== ========= ======== Basic and diluted net loss per share $(0.40) $(0.29) $(1.79) $(0.71) ====== ====== ====== ====== Shares used in computation of basic and diluted net ------- ------ ------- ------ loss per share 113,447 91,723 105,096 88,762 ======= ====== ======= ====== September 30, December 31, 2009 2008 ---- ---- Balance Sheet Data: Cash and cash equivalents $172,485 $59,523 Short-ter
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