Dendreon Receives FDA Acknowledgement of Complete Response
November 20 2009 - 7:30AM
PR Newswire (US)
-- PDUFA Date Assigned as May 1, 2010 -- SEATTLE, Nov. 20
/PRNewswire-FirstCall/ -- Dendreon Corporation (NASDAQ: DNDN) today
announced that the U.S. Food and Drug Administration (FDA) provided
written acknowledgement that the Company's amended Biologics
License Application (BLA) for PROVENGE® (sipuleucel-T) is a
complete response. The FDA has assigned a Prescription Drug User
Fee Act (PDUFA) date of May 1, 2010, by which time it will respond
to Dendreon's amended BLA. Dendreon is seeking licensure for
PROVENGE for men with metastatic castrate-resistant prostate cancer
(CRPC). The FDA considers this to be a complete, Class 2
Resubmission following the action letter the company received in
2007. The BLA includes data from the IMPACT (IMmunotherapy for
Prostate AdenoCarcinoma Treatment) trial, which was conducted under
a Special Protocol Assessment agreement with the FDA. The IMPACT
study met its pre-specified primary endpoint demonstrating a
statistically significant improvement in overall survival in men
with metastatic CRPC. The resubmission also contains the remaining
information requested by the FDA pertaining to chemistry,
manufacturing and controls section of the BLA for PROVENGE. If
approved by the FDA, PROVENGE would represent the first product in
a new therapeutic class known as active cellular immunotherapies.
About Dendreon Dendreon Corporation is a biotechnology company
whose mission is to target cancer and transform lives through the
discovery, development and commercialization of novel therapeutics.
The Company applies its expertise in antigen identification,
engineering and cell processing to produce active cellular
immunotherapy product candidates designed to stimulate an immune
response. Dendreon is also developing an orally-available small
molecule that targets TRPM8 that could be applicable to multiple
types of cancer as well as benign prostatic hyperplasia. The
Company has its headquarters in Seattle, Washington and is traded
on the Nasdaq Global Market under the symbol DNDN. For more
information about the Company and its programs, visit
http://www.dendreon.com/. This news release contains
forward-looking statements that are subject to risks and
uncertainties. Factors that could affect these forward-looking
statements include, but are not limited to, developments affecting
Dendreon's business and prospects, including the FDA's actions with
respect to the BLA and whether the FDA determines to convene an
advisory committee to review the BLA; progress on the
commercialization efforts for PROVENGE, including the expansion of
Dendreon's manufacturing capacity and other necessary
infrastructure; success in the hiring of additional personnel to
support business growth and expansion; the outcome of pre-approval
inspection of Dendreon's expanded manufacturing facility; and
requisite receipt of FDA licensure for marketing of PROVENGE and
the risk that additional capital could be needed in the future for
the potential commercialization of PROVENGE. Information on the
factors and risks that could affect Dendreon's business, financial
condition and results of operations are contained in Dendreon's
public disclosure filings with the U.S. Securities and Exchange
Commission, which are available at http://www.sec.gov/. Dendreon
cautions investors not to place undue reliance on the
forward-looking statements contained in this press release. All
forward-looking statements are based on information currently
available to Dendreon on the date hereof, and Dendreon undertakes
no obligation to revise or update these forward-looking statements
to reflect events or circumstances after the date of this press
release, except as required by law. DATASOURCE: Dendreon
Corporation CONTACT: Katherine Stueland, Vice President, Corporate
Communications and Investor Relations, +1-206-829-1522, Web Site:
http://www.dendreon.com/
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