Yes, but I doubt Dendreon will get there unless this issue persists into 2012 with little improvement. The problem is I'm not sure whether a $75,000 or $60,000 or even $45,000 price point will make a ton of difference to this cash flow problem. You'd get a bit of a boost simply because the practice could fit single-digit more patients per month into their existing cash flow/LOC situation, but then you'd be stuck right back at the same slow growth curve after a couple of months.
Dendreon will want to work through several ideas and strategies before resorting to a price cut. It chould be said I doubt urologists will WANT a price cut because it reduces the amount they get paid for Provenge.
Unless otherwise indicated, this is the personal viewpoint of David
Miller and not necessarily that of Biotech Stock Research, LLC.
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