Company Signs New Lease Agreement for its Headquarters and Immunotherapy Manufacturing Facility through 2030
Dendreon Pharmaceuticals, a commercial-stage biopharmaceutical company and pioneer in the development of immunotherapy, signed a long-term lease agreement to maintain its corporate headquarters and immunotherapy manufacturing facility (IMF) in Seal Beach. The agreement extends Dendreon’s ten-year presence in the area through 2030.
“Securing our long-term presence in Seal Beach will provide us continued access to the unique pool of professional and technical talent that is integral to our business,” said Jim Caggiano, chief executive officer at Dendreon. “We built this facility with growth in mind and look forward to realizing the full potential of PROVENGE® (sipuleucel-T), which has been proven to increase survival in certain men with advanced prostate cancer.”
After overcoming a number of obstacles in its early days, Dendreon has emerged as a rapidly-growing enterprise following a remarkable turnaround that began in 2015. In addition to Dendreon’s headquarters and IMF in Seal Beach, Dendreon has a second IMF in Union City, Ga., as well as operations and medical organizations in Seattle, Wash. Dendreon’s Seal Beach location has approximately 190 employees.
INDICATION
PROVENGE® (sipuleucel-T) is a prescription medicine that is used to treat certain patients with advanced prostate cancer. PROVENGE is made from your own immune cells.
IMPORTANT SAFETY INFORMATION
You are encouraged to report negative side effects of prescription drugs to the FDA. Visit www.fda.gov/medwatch or call 1-800-FDA-1088.
Click here for full prescribing information.
About Dendreon
Dendreon is a commercial-stage biopharmaceutical company and pioneer in the development of immunotherapy. Dendreon’s flagship product, PROVENGE (sipuleucel-T), was the first FDA-approved immunotherapy made from a patient’s own immune cells. More than 30,000 men with advanced prostate cancer have been prescribed PROVENGE in the U.S. since 2010. Dendreon also is evaluating the use of PROVENGE in early-stage prostate cancer, with the hope of curing more men of the disease. Dendreon is headquartered in Seal Beach, Calif. For more information, please visit www.dendreon.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190513005019/en/
Leslie Bryant
leslie.bryant@dendreon.com
T
+1.562.505.9290