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August 12, 2014
08:12 EDTDNDNDendreon Provenge sales seem to be stabilizing, says Maxim
Maxim says sales of Dendreon's Provenge look to be stabilizing after the company disclosed Q2 revenue of $82M, versus the prior quarter's $68M. However, Maxim thinks the competitive landscape is becoming more difficult and that the probability of Dendreon being acquired is falling. It keeps a Hold rating on the stock.
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