Dendreon Corp. Message Board

  • headless_investor headless_investor Mar 14, 2005 8:39 PM Flag

    DNA: +$5.5B added to market cap

     

    on just the news that avastin added 2 months to lung cancer folks taking chemo....

    AND PEOPLE GUFFAW AT DNDN IN 2006 HAVING A TOTAL $6B MARKET CAP ON PROVENGE....LOL

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    • It seems you got the figure wrong, it's $11B added to DNA's mkt. cap.

      Genentech surged nearly 25 percent, or $10.92, to $55, adding almost $11 billion in market capitalization in the last hour of trading, after the National Cancer Institute said Avastin helps lung cancer patients live longer when combined with standard chemotherapy. The American Stock Exchange Biotechnology index (AMEX:^BTK - News) rose nearly 5 percent.

 
DNDN
3.960.02(+0.51%)May 21 4:00 PMEDT