Dendreon leaps as it sets out plan to launch Provenge in Europe

4 March 2014

US biotech firm Dendreon (Nasdaq: DNDN) says it plans to make its prostate cancer drug Provenge (autologous peripheral blood mononuclear cells activated with PAP-GM-CSF or sipuleucel-T) available in Europe, beginning with Germany and the UK.

The company's shares rose 14.9%, to $3.31 in afternoon trading on Monday. Its shares have fallen 42% since a year ago. The rise came despite the company reporting a larger loss for the fourth quarter of 2013.

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