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Dendreon Corp. Message Board

  • wmaberry wmaberry Jan 11, 2013 4:24 PM Flag

    Some keey info from previous CC...

    In the latest CC, both CEO and CFO reiterated that the expected date to hear result for the EU application has always been mid-2013 and not Jan 2013:

    Y. Katherine Xu - William Blair & Company L.L.C., Research Division
    I have a question focused on the European section, I mean, territory. I mean, are you looking for a partner? And also, why the European review now is sort of slated to mid-2013. Previously, it was -- I thought it was accepted earlier this year, probably in January.

    Gregory T. Schiffman - Chief Financial Officer, Executive Vice President and Treasurer
    Maybe I can take the second portion of the question. We've always said middle of the year, the January is the earliest possible date if everything with absolutely to the clock and our expectation, given this is the first time that they're seeing a product like this, was that there would be clock stops. I think it's pretty typical, actually, even for products that are probably more mainstream than ours, and we wouldn't see a 12-month time frame. And so we've always guided to middle of the year since even to the start of this year. So that hasn't changed. I'll turn it back over to John.

    John H. Johnson - Executive Chairman, Chief Executive Officer and President
    Yes. And that we've always guided there, Katherine. The other thing is that we have responded to the 120-day questions. So we're moving forward in the process. We are examining partnering in Europe, and we're not going to comment, as you could imagine, on any specifics around those discussions. There could be some situations where having a partner makes sense. Obviously, the deal has to be good for Dendreon and good for the partner. But it is something that we're actively examining.
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    Sentiment: Buy

 
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