This FDA Approval Changes Nothing

Johnson & Johnson's (NYSE: JNJ  ) drug Zytiga was just approved in a pre-chemotherapy indication for late-stage metastatic castration-resistant prostate cancer. This came as no surprise to investors; it received approval in Europe recently for a first-line therapy as well. In the following video, Motley Fool health-care analyst David Williamson talks about why this wasn't a big needle-mover for Johnson & Johnson share prices, but he also tells us that it was a critical step forward not only for J&J, which wants to see Zytiga hit the $1 billion mark, but also for Dendreon (NASDAQ: DNDN  ) , which is working on some tandem treatment trials with Zytiga and its pre-chemo immunotherapy drug Provenge, that could prove to be huge share price drivers if successful.

Dendreon's run over the past four years had sub-$5 share prices skyrocketing to 10-bagger status before tumbling all the way back down below $5, as its revolutionary prostate cancer vaccine Provenge became a lightning rod of debate. But where does that leave investors -- other than a bit nauseated from the roller-coaster ride? Our own David Williamson answers this question, and many more, inside our brand-new premium research report on Dendreon. Inside, he details every key issue facing the company and outlines just how Dendreon intends to regain its former glory. The report also comes with a full year of analyst updates, so claim your copy of this exclusive report today by clicking here now.


Read/Post Comments (0) | Recommend This Article (2)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2147525, ~/Articles/ArticleHandler.aspx, 10/1/2014 6:32:34 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement