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Re: rkrw post# 77017

Friday, 05/01/2009 5:22:47 PM

Friday, May 01, 2009 5:22:47 PM

Post# of 252279

DNDN: How can Miller make statements about [Provenge] profit margins without knowing how much dndn plans to charge/be reimbursed?

Miler’s main point is that Provenge will have a lower gross margin than a typical biopharmaceutical. We won’t know how much lower until we know the price, but I think it’s clear that Provenge’s gross margin will be on the low side at any conceivable pricing level.


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