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News Breaks
09:15 EDTDNDN
theflyonthewall.com: Dendreon January volatility at 59, May at 95 into PDUFA
Dendreon is recently up 50c to $28.55 in pre-open trading. Dendreon's provenge (a drug that prolongs the lives of advanced prostate-cancer patients) has a PDUFA on May 1, 2010, by which time it will respond to Dendreon's amended Biologics License Application (BLA). DNDN January option implied is at 59, February is at 74, May is at 95; verses its 26-week average of 75, according to Track Data, suggesting larger price movement this spring. :theflyonthewall.com



News For DNDN From The Last 14 Days
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February 1, 2010
09:00 EDTDNDN
theflyonthewall.com: On The Fly: Analysts Initiation Summary

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07:23 EDTDNDN
theflyonthewall.com: Dendreon initiated with an Outperform at Cowen

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January 27, 2010
21:13 EDTDNDN
theflyonthewall.com: Barrons.com sees five drug candidates boosting their company's sales in 2010
According to Decision Resources, drug companies could receive FDA approval for 50 new therapies this year with the potential to generate sales totaling $15B a year by 2015. Some drugs have the ability to shine above the others and boost the bottom lines of the companies that make them. Doctors and industry experts helped Barrons.com find five drug candidates that could hit the U.S. market in 2010, improving the treatment of serious illnesses. The list includes Novo Nordisk's (NVO) diabetes drug, Victoza, and Dendreon's (DNDN) prostate cancer therapy, Provenge. Then there's Vivus' (VVUS) obesity treatment, Qnexa, and Amgen's (AMGN) remedy for osteoporosis, Prolia. Finally, Johnson & Johnson (JNJ) and Bayer (BAYRY) hope to jointly market a blood thinner, Xarelto. Bottom-line: these five drugs could be what the doctor ordered for a sales-starved industry and investors looking for returns. Reference Link :theflyonthewall.com