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Revenues down 18% in the quarter
May 9, 2013
By: Tim Wright
Editor-in-Chief, Contract Pharma
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.
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