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Dendreon Reports Fourth Quarter and 2009 Year End Financial Results
Date:2/22/2010

t to risks and uncertainties.  Factors that could affect these forward-looking statements include, but are not limited to, developments affecting Dendreon's business and prospects, including progress on the commercialization efforts for PROVENGE and requisite receipt of FDA licensure for marketing.  Information on the factors and risks that could affect Dendreon's business, financial condition and results of operations are contained in Dendreon's public disclosure filings with the U.S. Securities and Exchange Commission, which are available at www.sec.gov. Dendreon cautions investors not to place undue reliance on the forward-looking statements contained in this press release. All forward-looking statements are based on information currently available to Dendreon on the date hereof, and Dendreon undertakes no obligation to revise or update these forward-looking statements to reflect events or circumstances after the date of this press release, except as required by law.

    
                               DENDREON CORPORATION                       
                       CONSOLIDATED STATEMENTS OF OPERATIONS                  
                     (in thousands, except per share amounts)                 
                                                                              
                                     Three months ended    Twelve months ended
                                        December 31,           December 31, 
                                     ------------------    -------------------
                                     2009           2008      2009      2008 
                                     ----           ----      ----      ---- 
                                         (unaudited)       
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