BNET Industries

Market Cap:$3.1B
Last Fiscal Year Sales:$111.0K
  • Public
  • US
Dow Jones Description

Dendreon Corporation (NASDAQ: DNDN), a Seattle-based biotechnology company, is focused on targeting cancer CancerCancer develops when cells in the body begin to grow out of control. Normal cells grow, divide, and die. Instead of dying, cancer cells continue to grow and form new abnormal cells. Cancer cells often travel to other body parts where they grow and replace normal tissue. This spreading process is called metastasis. When cancer spreads or metastasizes, it is still named after the part of the body where it started. For example, if prostate cancer spreads to the bones, it is still prostate cancer, not bone cancer. Some cancers, such as blood cancers, do not form a tumor. Not all tumors are cancer. A tumor that is not cancer is called benign and does not grow and spread the way cancer does.Closeto transform lives through the discovery, development and commercialization of novel therapeutics to fight cancer. Dendreon applies its expertise in antigen AntigenA substance that causes the body's immune system to react. This reaction often involves production of antibodies. For example, the immune system's response to antigens that are part of bacteria and viruses helps people resist infections. Cancer cells have certain antigens that can be found by laboratory tests. They are important in cancer diagnosis and in watching response to treatment. Other cancer cell antigens play a role in immune reactions that may help the body's resistance against cancer. ...

President, Chief Executive Officer and Director
Mitchell H. Gold
Number of Employees 198
Contact Information

3005 1st Ave

Seattle, Washington 98121-1035

dendreon.com

(206) 256-4545

NAICS Code Pharmaceutical Preparation Manufacturing: 325412

Recent Events

  • Dendreon Q3 Loss Widens - Update

    11/11/09 - Financial Announcement - View Story

  • Market Report -- Short Stories DNDN

    10/23/09 - Bond / Stock Rating - View Story

  • Option Traders Flock to Calls on IBM IBM

    10/12/09 - Bond / Stock Rating - View Story

  • Dendreon equips board with two biotech industry veterans

    10/13/09 - Board Member - Entering - View Story

  • Dendreon Announces Election of Ian Clark and Pedro Granadillo to Board of Directors

    10/12/09 - Board Member - Entering - View Story

  • Drug Maker Readies North County Plant

    9/26/09 - Planned Site Openings - View Story

  • Dendreon Struts Its Stuff

    9/25/09 - Product Announcement - View Story

  • Dendreon Investor Meeting: CFO Gives Provenge Sales Guidance

    9/24/09 - Financial Announcement - View Story

  • Notable Analyst Rating Changes 9/22: HPQ, M, X, DISH, BTU Upgraded; DELL, VMC, RAD, RDC...

    9/22/09 - Bond / Stock Rating - View Story

  • Deutsche Bank Said FDA Guidance Documents Support Dendreon's DNDN Provenge Approval

    9/18/09 - Bond / Stock Rating - View Story

  • Dendreon Corporation DNDN Signs Lease for New Manufacturing Facility in Atlanta

    8/11/09 - Joint Venture / Alliance - View Story

  • Dendreon's Q2 loss balloons to $126.7M

    8/11/09 - Financial Announcement - View Story

  • Morgan Joseph Starts Dendreon DNDN at Hold, Waiting for Better Entry Point

    6/30/09 - Bond / Stock Rating - View Story

  • Is Dendreon Just a Dot-Com Story at This Price?

    6/18/09 - Merger / Acquisition - View Story

News & Analysis

analyst and dendreon corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
Mitchell H. Gold President, Chief Executive Officer and Director
David L. Urdal Senior Vice President, Chief Scientific Officer and Director
Gregory T. Schiffman Chief Financial Officer
Mark Frohlich Senior Vice President, Clinical Affairs and Chief Medical Officer
Elizabeth C. Smith Vice President, Quality & Regulatory Affairs
Heidi Hagen Vice President of Supply Operations
James Caggiano Vice President, Sales & Marketing
Linda Staley Vice President, IT
Reiner Laus Vice President, R & D
Bogdan Dziurzynski Consultant In Regulatory Affairs
Greg Cox Principal Accounting Officer
Jennifer Williams
Kristi Manjarrez
Richard F. Hamm General Counsel
Doug Watson Director
Susan B. Bayh Director

Board of Directors

Name (plus bio) Position
Douglas B. Watson Chair
Blake Ingle Board of Directors
Bodgan Dziurzynski Board of Directors
Douglas G. Watson Board of Directors
Gerardo Canet Board of Directors
M. Blake Ingle Board of Directors
Ruth B. Kunath Board of Directors

Mitchell H. Gold, M.D. , age 42, has served as our Chief Executive Officer since January 1, 2003, and as a director since May 2002. Dr. Gold also served as our Vice President of Business Development from June 2001 to May 2002, and as our Chief Business Officer from May 2002 through December 2002. From April 2000 to May 2001, Dr. Gold served as Vice President of Business Development and Vice President of Sales and Marketing for Data Critical Corporation, a company engaged in wireless transmission of critical healthcare data, now a division of GE Medical. From 1995 to April 2000, Dr. Gold was the President and Chief Executive Officer, and a co-founder of Elixis Corporation, a medical information systems company. From 1993 to 1998, Dr. Gold was a resident physician in the Department of Urology at the University of Washington. Dr. Gold currently serves on the boards of the University of Washington/Fred Hutchinson Cancer Research Center Prostate Cancer Institute and the Washington Biotechnology and BioMedical Association and on the governing board of the Biotechnology Industry Organization s Emerging Company Section. Dr. Gold received a B.S. from the University of Wisconsin-Madison and an M.D. from Rush Medical College.

Organization Position Status
Dendreon Corporation President, Chief Executive Officer and Director Current
Dendreon Corporation Board of Directors Current
Corvas International, Inc. CEO Former
Dendreon Corporation Vice President of Business Development Former
Rush Medical College M.D. Former

Organization Position Status
Dendreon Corporation Senior Vice President, Chief Scientific Officer and Director Current
Ore Pharmaceuticals Inc. Senior Vice President, Chief Scientific Officer Dendreon Corporation Current
Dendreon Corporation Board of Directors Current
Vlst Corp Director Current
Ore Pharmaceuticals Inc. Board of Directors Current
Dendreon Corporation President Former
Immunex Corporation Former
University of Washington Ph.D. In Biochemical Oncology Former
University of Washington M.S. In Public Health Former

Mr. Schiffman joined Dendreon from Affymetrix Inc., where he served as the CFO and executive vice president. Prior to Affymetrix, Mr. Schiffman was the vice president and controller for Applied Biosystems where he managed a 200-person global finance team spanning more than 20 countries. Prior to entering the biotechnology field, he served for over 10 years in various domestic and international divisions of Hewlett Packard, ultimately serving as a divisional manufacturing manager and controller. Prior to Hewlett Packard, he also held positions at IBM. He currently serves on the board of directors of Nanomix and Venus Medical Technologies. Mr. Schiffman holds an M.B.A. from the Kellogg School of Business at Northwestern University and a B.S. degree in accounting from DePaul University.

Organization Position Status
Dendreon Corporation Chief Financial Officer Current
Xenogen Corporation Board of Directors Current
Dendreon Corporation Treasurer Current
Entelos, Inc. Board of Directors Current
VNUS Medical Technologies, Inc. Member of the Board of Directors Current
Nanomix, Inc. Board of Directors Current
Affymetrix, Inc. Chief Financial Officer Former
Affymetrix, Inc. Executive Vice President Former
Affymetrix, Inc. Vice President, Controller Former
Impac Medical Systems, Inc. Director Former
Kellogg School of Management at Northwestern University M.B.A. Former
DePaul University B.S. In Accounting Former

Mark Frohlich, M.D., joined Dendreon in 2005 and was promoted to the position of senior vice president of clinical affairs and chief medical officer in 2007. He previously oversaw medical affairs at Xcyte Therapies. Prior to that was an assistant professor in the Division of Hematology/Oncology at the University of California, San Francisco, where he specialized in urologic oncology and was active in laboratory, translational and clinical research. Dr. Frohlich received his M.D. from Harvard Medical School and did his post doctoral training in oncology at the University of California, San Francisco. He also has a B.S. from Yale in electrical engineering and economics.

Organization Position Status
Dendreon Corporation Senior Vice President, Clinical Affairs and Chief Medical Officer Current
Albert B. Sabin Vaccine Institute Vice President of Clinical Affairs at Dendreon Corporation Current
University of Washington Faculty Current
Dendreon Corporation Vice President of Clinical Affairs Former
University of California, San Francisco Assistant Professor Former
Harvard Medical School M.D. Former
Yale University B.S. Former

Organization Position Status
Dendreon Corporation Vice President, Quality & Regulatory Affairs Current

Heidi M. Hagen is Vice President of Supply Operations at Dendreon Corporation with headquarters located in Seattle, Washington and manufacturing located in Morristown, New Jersey. Dendreon is a biotechnology company focused on targeting cancer to transform lives and is developing a new class of therapy known as Active Cellular Immunotherapies (ACIs). The lead ACI being developed is ProvengeTM (siupleucel-T), it is a product for late stage prostate cancer and is manufactured for each individual patient from a collection of their white blood cells. At Dendreon, Heidi is responsible for patient scheduling, procurement, transportation, production planning, supply operations, distribution, and corporate project management. Prior to her appointment as Vice President, Heidi was the Project Leader for Provenge and Senior Director Call Center Operations and was responsible for ensuring the completion of all operational aspects of the Provenge BLA, filed in November 2006.Prior to joining Dendreon, Heidi worked at Immunex for 10 years and most recently was responsible for Strategic Planning of the Corporate Supply Operations division. During that time she held various positions in research, drug development project management, supply operations, and finance. Prior to joining Immunex, Heidi worked at Quinton Instrument Company, a world leader in catheter production and heart monitoring devices. She completed her graduate thesis as a research fellow in Quinton's bioengineering group. Heidi received her BS degree in Cell and Molecular Biology, MS degree in Bioengineering, and her MBA from the University of Washington.

Organization Position Status
Dendreon Corporation Vice President of Supply Operations Current
Diversified Bio-Medics, Inc Board of Directors Current
Immunex Corporation Former

Caggiano joins Dendreon from Abbott Laboratories where he served as vice president, U.S. Sales and Marketing of the Abbott Vascular Devices division and was responsible for all aspects of U.S. commercial operations. While at Abbott, he led a 170 person sales organization and coordinated all pre-launch and launch activities. Previously, Caggiano spent 11 years at TAP Pharmaceutical Products Inc. in various sales and marketing positions where he most recently led marketing operations for LupronĀ®, a prostate cancer treatment with annual U.S. sales approaching $1 billion.

Organization Position Status
Dendreon Corporation Vice President, Sales & Marketing Current
TAP Pharmaceutical Products Inc. Former
Cornell University M.B.A. Former

Staley spent the last 13 years at Cardinal Health, Inc.'s Nuclear Pharmacy Division where she was most recently executive director, pharmacy services liaison, information technologies. At Cardinal Health, Staley directed a staff of 143 and was responsible for developing and implementing a global strategy for reorganizing the information technology infrastructure, reducing overall expenses by 21 percent. Before joining Cardinal Health in 1990, Staley was chief nuclear medicine technologist / radiation safety officer at Montgomery Cardiovascular Associates where she directed the development of a new Nuclear Cardiology Department.

Organization Position Status
Dendreon Corporation Vice President, IT Current

Organization Position Status
Dendreon Corporation Vice President, R & D Current

Bogdan Dziurzynski D.P.A., R.A.C. Dr. Dziurzynski is a regulatory management consultant to the biotechnology industry and a member of the Board of Directors of Dendreon Corporation, a biotechnology company in Seattle, WA that targets cancer. He is currently the President-Elect of the Regulatory Affairs Professional Society, which creates and upholds standards of ethics, credentialing and education for the regulatory affairs profession within the health product sector and representing 10,000 individuals worldwide from governments, corporations, academia, research and nonprofit organizations. He also serves on the Board of Directors of the Biologics Consulting Group, Inc. in Alexandria, VA. and the Virginia Premiere Theatre, a non-profit company performing in Williamsburg, Virginia. He possesses over thirty years experience in strategic planning and regulatory management including clinical research design and execution, biopharmaceutical product development and manufacture, production facility design and validation, product advertising and promotion, post-market drug safety surveillance, quality assurance and quality control. He served as a senior vice-president with MedImmune, Inc., vice-president with Immunex Corporation and has held management positions with Genetic Systems, Inc., C.R. Bard, Inc., and Johnson and Johnson?s Ortho Diagnostics Division. He holds a doctorate in Public Administration from the University of Southern California, an MBA in Marketing and Business Management Seattle University, and undergraduate degrees in Psychology and Laboratory Technology.

Organization Position Status
Virginia Premiere Theatre Regulatory Management Consultant Current
Dendreon Corporation Consultant In Regulatory Affairs Current
Biologics Consulting Group, Inc Consultant, Strategic Planning and Regulatory Management Current
Raps Chair Current
Virginia Premiere Theatre Board of Directors Current
Biologics Consulting Group, Inc Board of Directors Current
Dendreon Corporation Board of Directors Current
Allostera Pharma Inc. Board of Directors Current
Immunex Corporation Vice President of Regulatory Affairs and Quality Assurance Former
C.R. Bard, Inc. Former
Seattle University M.B.A. Former
Rutgers University B.A. In Psychology Former

Organization Position Status
Dendreon Corporation Principal Accounting Officer Current

Organization Position Status
Dendreon Corporation Current

Organization Position Status
Ventirx Pharmaceuticals, Inc. Senior Director, Clinical Affairs Current
Dendreon Corporation Current
AAIPharma, Inc. Clinical Research Associate Former
University of Washington B.S. In Microbiology Former

Organization Position Status
Axsys Technologies, Inc. Senior Vice President, Corporate Development, General Counsel and Secretary, Dendreon Corporation Current
Dendreon Corporation General Counsel Current
Dendreon Corporation Secretary Current
Dynalectric - Kentucky Board of Directors Current
EMCOR Group, Inc. Director Current
Axsys Technologies, Inc. Board of Directors Current
Dendreon Corporation Cfo, General Counsel, Senior Vice President & Secretary Former
Tropicana Products, Inc. senior vice president Former
Carlson Companies Inc. Vice President, Corporate Development and Planning Former
Medtronic, Inc. vice president Former
Medtronic, Inc. Deputy General Counsel Former
Tropicana Former
Harvard Law School J.D. Former
Wharton Graduate School of the University of Pennsylvania M.B.A. Former

Douglas G. Watson , age 64, has served as one of our directors since February 2000. Mr. Watson is Chief Executive Officer of Pittencrieff Glen Associates, a consulting firm that he founded in July 1999. From January 1997 to May 1999, Mr. Watson served as President and Chief Executive Officer of Novartis Corporation, the U.S. subsidiary of Novartis AG. From April 1996 to December 1996, Mr. Watson served as President and Chief Executive Officer of Ciba-Geigy Corporation, which merged into Novartis Corporation in December 1996. Mr. Watson s career spanned 33 years with Novartis, having joined Geigy (UK) Ltd. in 1966. Mr. Watson also currently serves as chairman of OraSure Technologies, Inc., a medical diagnostics company, chairman of Javelin Pharmaceuticals, Inc., a pharmaceutical company, and as a director of Genta Incorporated, a biopharmaceutical company, and BioMimetic Therapeutics, Inc., a pharmaceutical company. Mr. Watson received an M.A. in Pure Mathematics from Churchill College, Cambridge University and holds an ACMA qualification as an Associate of the Chartered Institute of Management Accountants.

Organization Position Status
Pittencrieff Glen Associates Chief Executive Officer Current
Dendreon Corporation Chair Current
OraSure Technologies, Inc. Chairman Current
Genta Incorporated Director Current

Organization Position Status
Inglewood Ventures Current
Bridgetech Holdings International, Inc. Board of Directors Current
Cengent Therapeutics, Inc. Board of Directors Current
Dendreon Corporation Board of Directors Current
Inex Pharmaceuticals Corporation Board of Directors Current
Vical Incorporated Board of Directors Current
The Burnham Institute Chairman Former

Organization Position Status
Dendreon Corporation Board of Directors Current

Douglas Watson has been a director since 1999. Mr. Watson s career spanned 33 years with Geigy/Ciba-Geigy/Novartis, in a variety of positions, including President of Ciba Pharmaceuticals Division from April 1986 to March 1996, President and Chief Executive Officer of Ciba-Geigy Corporation from April to December 1996, and President and Chief Executive Officer of Novartis Corporation, the U.S. subsidiary of Novartis AG, from January 1997 to May 1999. In 1999, Mr. Watson founded Pittencrieff Glen Associates, a private management consulting company. In addition to BioMimetic, he has served as the chairman of OraSure Technologies Inc. since March 2003 and as a director since April 2002. He has served as the chairman of Javelin Pharmaceuticals, Inc. since June 2003 and as a director since March 2001. He has served as a director of Dendreon Corporation since March 2000 and Genta Inc. since April 2002. Mr. Watson holds an M.A. degree in pure mathematics from Churchill College, Cambridge University, and is a member of the Chartered Institute of Management Accountants.

Organization Position Status
BioMimetic Therapeutics, Inc. Director, Chair Nominating and Governance Committee Current
Innovative Drug Delivery Systems, Inc. Chairman Current
BioMimetic Therapeutics, Inc. Director Current
BASF Catalysts LLC Director Current
Dendreon Corporation Director Current
Novartis AG Chief Executive Officer Former
Novartis AG President Former
Pittencrieff Glen Associates Founder Former
Sandoz Former
OraSure Technologies, Inc. Chairman Former
Innovative Drug Delivery Systems, Inc. Director Former
OraSure Technologies, Inc. Director Former
Cambridge University M.A. Degree In Pure Mathematics Former

Douglas G. Watson is the founder of Pittencrieff Glen Associates, which was established in June, 1999. Prior to this, he was President and Chief Executive Officer of Novartis Corporation, the US subsidiary of Novartis A.G. Mr. Watson's career spanned 33 years with Geigy / Ciba-Geigy / Novartis. He joined Geigy (UK) Ltd in 1966, working first in Operations Research and then in Corporate Planning. Following the Ciba-Geigy merger, he spent one year in Basel , Switzerland as the UK representative to an international integration team. He returned to the UK in 1973 as accounting development and investment appraisal manager, and subsequently headquarters management accountant. In 1978, Doug returned to Basel as personal assistant to the Chairman of the Executive Committee. In 1981, he joined the US Pharmaceuticals Division as senior vice president of planning and business development, and a member of the Pharmaceuticals Management Committee. From 1986, he was President of Ciba Pharmaceuticals Division until 1996, when he was appointed President & CEO of Ciba-Geigy Corporation. During this ten year period, Mr. Watson was an active member of the Pharmaceutical Research & Manufacturers Association (PhRMA) board in Washington , DC . Mr. Watson became President & CEO of Novartis Corporation in 1997 when Ciba-Geigy & Sandoz merged. Mr Watson elected to take early retirement from Novartis in May, 1999. Mr. Watson, in addition, is Chairman of the board of OraSure Technologies Inc., and serves as a member of the board of directors for Engelhard Corporation, Genta Inc., Dendreon Corporation, BZL Biologics Inc., BioMimetic Pharmaceuticals Inc., BioElectronics Inc., InforMedix, Inc., and Innovative Drug Delivery Systems Inc. Prior board memberships include Novartis Corporation, Summit Bank Corporation, Principia Pharmaceuticals Inc., and ValiGen N.V. He has been a supporter of America 's Promise since its inception, and is chairman of the Freedom House Foundation, a non-profit organisation which treats adult men & women recovering from alcohol and drug addiction. He is a member of the Board of Directors of the American Liver Foundation, and on the President's Advisory Council of Drew University . Born near Pittencrieff Glen in the city of Dunfermline, Scotland, Mr. Watson holds an MA degree in pure mathematics from Churchill College, Cambridge University, and is a member of the Chartered Institute of Management Accountants.

Organization Position Status
Pittencrieff Glen Associates CEO Current
Informedix, Inc. Founder of Pittencrieff Glen Associates Current
Histofreezer Chairman of the Board, Orasure Technologies, Inc. Founder, Pittencrieff Glen Associates Current
Freedom House Foundation, Inc. Chairman Current
OraSure Technologies, Inc. Chairman of the Board Current
The Hepatitis C Support Project Board of Directors Current
American Liver Foundation Board of Directors Current
Innovative Drug Delivery Systems, Inc. Board of Directors Current
Epitope, Inc. Board of Directors Current
Informedix, Inc. Board of Directors Current
Genta Incorporated Board of Directors Current
BASF Catalysts LLC Board of Directors Current
BioMimetic Therapeutics, Inc. Board of Directors Current
Drew University Board of Directors Current
03.Tilt Board of Directors Current
OraSure Technologies, Inc. Member of The Board Current
Dendreon Corporation Board of Directors Current
Fleet Bank Member Current
Drew University Member Current
The Hepatitis C Support Project Committee Member Current
Epitope, Inc. Committee Member Current
Novartis AG Chief Executive Officer Former
The Hepatitis C Support Project Chairman of the Board, Orasure Technologies, Inc. Founder, Pittencrieff Glen Associates Former
Pittencrieff Glen Associates Founder Former
Innovative Drug Delivery Systems, Inc. Chairman Former
Cambridge University M.A. In Mathematics Former

Organization Position Status
IntegraMed America, Inc. Chairman Current
Dendreon Corporation Board of Directors Current
Suffolk University M.B.A. Former
Tufts University B.A. In Economics Former

M. Blake Ingle, Ph.D., age 65, has served as one of our directors since our acquisition of Corvas in July 2003. Prior to that, Dr. Ingle had served as Chairman of Corvas since June 1999 and as a director of Corvas since January 1994. Since 1998, Dr. Ingle has been a general partner of Inglewood Ventures, a venture capital firm. From March 1993 to February 1996 when it was acquired by Schering-Plough, he was the President and Chief Executive Officer of Canji, Inc., a biopharmaceutical company. From 1980 to 1993, he was employed in a variety of capacities with the IMCERA Group, Inc., a healthcare company consisting of Mallinckrodt Medical, Mallinckrodt Specialty Chemicals and Pitman Moore, last serving as President and Chief Executive Officer. Dr. Ingle currently serves on the Board of Directors of Bridgetech Holdings International, Inc , a China-based medical technology company.

Organization Position Status
Dendreon Corporation Board of Directors Current

Organization Position Status
Dendreon Corporation Board of Directors Current

Organization Position Status
Emmis Communications Corporation Visiting Prof, Butler University Current
Pathway 2 Curis Board of Directors Current
WellPoint, Inc. Board of Directors Current
Dendreon Corporation Director Current
Curis, Inc. Director Current
Hereditary Angioedema Board of Directors Current
MDRNA, Inc. Board of Directors Current
Emmis Communications Corporation Director Current
Dyax Corp. Director Current
International Commission Commissioner Former
Eli Lilly and Company Attorney Former
Butler University Distinguished Visiting Professor Former
Cubist Pharmaceuticals, Inc. Former
Golden State Foods Director Former
University of Southern California Law Center J.D. Former
University of Southern California School of Law J.D. Former
University of California, Berkeley B.A. Former
University of California B.S. Former

Executive News

  • Dendreon Announces Analyst Day Webcast Presentation to be Held on September 24, 2009

    Pharma Live - 8/27/09 - View Story

  • Peter Dreier: Turn Up the Heat on the Insurance Industry

    Huffington Post - 8/24/09 - View Story

  • Dendreon Corporation (DNDN) Signs Lease for New Manufacturing Facility in Atlanta

    BioSpace - 8/11/09 - View Story

  • Dendreon Corporation (DNDN) Will Build Manufacturing Plant in Georgia; Plant May Cost $80 Million and Create 300 Jobs

    BioSpace - 8/11/09 - View Story

  • Dendreon's Q2 loss balloons to $126.7M

    Seattle Bizjournals - 8/11/09 - View Story

  • Dendreon Reports Second Quarter 2009 Financial Results

    Yahoo! Canada - 8/11/09 - View Story

  • Dendreon Signs Lease for New Manufacturing Facility in Atlanta

    Street Insider - 8/10/09 - View Story

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     DNDN $27.24 -0.45 (-1.63% )
Average Volume 2,966,880
Shares Outstanding 115.94M
Market Cap 3.2B
Year High 30.42
Year Low 2.55
Earnings Per Share -1.84
P/E Ratio -14.80
Dividend N/A
Yield N/A
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