Dendreon

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Former Dendreon CEO launches stealth next-gen immunotherapy startup in Seattle

Dendreon may be on its last legs, but former CEO Mitchell Gold is happily entrenched in other projects: He’s launching a next-generation immunotherapy startup called Alpine Immune Sciences, seeding about $1.3 million into the company through his investment firm, Alpine BioVentures. It’ll be a recombinant protein-based therapeutic, Gold told MedCity News – and unrelated to the platform used by Dendreon. Beyond […]

Pharma

Provenge fallout leads Dendreon to end GSK supply pact

The impact of slow sales of Dendreon‘s (NASDAQ:DNDN) prostate cancer treatment Provenge is reaching pharma giant GlaxoSmithKline (NYSE:GSK). Seattle biotech company Dendreon is terminating a supply contract  it signed a year ago that called for GSK to supply antigen intended for the manufacture of Provenge. Dendreon  said in securities filings that it gave 60 days […]

Pharma

The Dendreon-Provenge Effect: Innocent biotech stocks tumble

North Carolina biotechnology company BioCryst (NASDAQ:BCRX) remains on schedule developing its various drug programs and the company is well capitalized. CEO Jon Stonehouse said the company’s $72 million in cash is enough to last the company two years. Yet on a morning that saw the company disclose nothing remotely controversial during its quarterly conference call, […]

MedCity Influencers

A Provenge Medicare payout should add scrutiny

The recommendation that Medicare pay for Provenge should be trigger greater scrutiny on the treatment. The federal government - at least - should use the coverage with evidence development program to review the treatment and find out if it's worth the $2 billion reimbursement price tag.

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Morning Read: The case for private-practice primary care

Highlights of the important and the interesting from the world of healthcare: The case for private-practice primary care: There’s been lots of handwringing in recent years about the slow and continuing disappearance of private-practice physicians. The reasons are numerous–including the obvious (finances) and the slightly less-obvious (hassles with insurance companies). As private-practice primary care docs […]