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Dendreon marks $9.96 million from operations during November period
By Kali Hays
New York, Dec. 24 – Dendreon Corp. reported operational income of $9.96 million for November on total revenue of $21.97 million, according to a monthly operating report filed Dec. 24 with the U.S. Bankruptcy Court for the District of Delaware.
The company’s net loss for the period was $8.4 million and it held cash and cash equivalents of $78.33 million as of Nov. 30.
Dendreon is a Seattle-based biotechnology company that focuses on novel therapeutics to enhance cancer treatment options. The Chapter 11 case number is 14-12515.
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