Deutsche Bank biotech analyst Robyn Karnauskas told her clients in a quick email that she believed the Medicare meeting assessing Provenge would be positive for Dendreon because the questions were in-line with expectations; the panel will only be using publically available data; and Provenge has shown an overall survival benefit and has no side effects.

--Written by Adam Feuerstein in Boston.

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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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