Dendreon Withdraws Previous FY2011 Revenue Guidance of $350-400M; Expects Modest QoQ Growth

Dendreon DNDN expects that adoption of the new reimbursement paradigm will take time. Accordingly, Dendreon is withdrawing its previous guidance of $350-400 million in revenue for 2011 and currently expects modest quarter over quarter revenue growth for the remainder of this year.
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