With $82 million in Provenge sales during the first quarter of 2012, Dendreon reported a 6.5% increase from fourth quarter 2011 sales revenue after the stock market closed on 7 May and stuck with its previous guidance of single-digit quarterly increases for the prostate cancer immunotherapy.
Equity analysts had anticipated the single-digit revenue bump, even though it followed jumps of more than 20% in each of the last two quarters of 2011. But investors may have...
Read the full article – start your free trial today!
Join thousands of industry professionals who rely on Scrip for daily insights
- Start your 7-day free trial
- Explore trusted news, analysis, and insights
- Access comprehensive global coverage
- Enjoy instant access – no credit card required
Already a subscriber?