Boost for Dendreon, as CMS to cover Provenge treatment and FDA OKs production facility
There was a batch of good news for Seattle, USA-based Dendreon (Nasdaq: DNDN) that support broad availability for on-label use of its novel, but expensive ($93,000 therapy cost), prostate cancer treatment Provenge (sipuleucel-T). Also, the Food and Drug Administration approved the company’s second manufacturing facility for the product.
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