Following the announcement that the FDA approved the first active immune-booster Provenge, the stocks of Dendreon (DNDN) skyrocketed until they reached a halt at $45.50. Well now, we have news that share trading has DNDN increased to $53.50, another big jump.
“The availability of Provenge provides a new treatment option for men with advanced prostate cancer, who currently have limited effective therapies available,” Karen Midthun, acting head of the FDA biologics center, said in a statement.
DNDN is right now a hot share in the Internet share trading sites. We’ll keep a watch on the evolution of this and will bring you more updates.
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Friday, April 30, 2010
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