Dendreon Shares Soar on Provenge Data

Stock quotes in this article: DNDN  

The survival benefit at the interim analysis announced Monday was actually lower than the company had predicted when it designed the IMPACT study. This means that for the final analysis of the IMPACT study to be successful and statistically significant, the net survival benefit for those Provenge patients remaining in the study will have to be greater than the Provenge patients who have already died.

This feat could prove challenging given changes made by Dendreon earlier this year to accelerate the timing of the final analysis of the IMPACT study.
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Adam Feuerstein writes regularly for TheStreet.com. In keeping with TSC's editorial policy, he doesn't own or short individual stocks, although he owns stock in TheStreet.com. He also doesn't invest in hedge funds or other private investment partnerships. Feuerstein appreciates your feedback; click here to send him an email.





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