05.09.13
Dendreon
1Q Revenues: $67.6 million (-18%)
1Q Loss: $72.0 million (loss of $103.9 million 1Q12)
Comments: The company added 33 new accounts for PROVENGE in the quarter, bringing total number to 835. Dendreon anticipates reducing cost of goods sold (COGS) to below 50% of net product revenue in 3Q13.
1Q Revenues: $67.6 million (-18%)
1Q Loss: $72.0 million (loss of $103.9 million 1Q12)
Comments: The company added 33 new accounts for PROVENGE in the quarter, bringing total number to 835. Dendreon anticipates reducing cost of goods sold (COGS) to below 50% of net product revenue in 3Q13.