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Dendreon Climbs On Amgen's Woes
Posted on February 06, 2012 at 13:28 PM EST

The Food and Drug Administration's critical review of Amgen Inc.'s (Nasdaq: AMGN) prostate cancer treatment Xgeva lifted shares of rival Dendreon Corp. (Nasdaq: DNDN), whose prostate cancer treatment Provenge was approved in April 2010. Shares of Amgen eased 60 cents to $68.88 while Dendreon stock surged $2.47 to $16.64.



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