Dendreon to pursue sale: Bloomberg

|About: Dendreon Corporation (DNDN)|By:, SA News Editor

Troubled Dendreon (DNDN) is reportedly seeking a buyer.

Bloomberg said Friday the company has hired JPMorgan to assist in the process.

The shares are down 54% YTD and are off around 44% since early August when the outlook for Provenge sales darkened (see here and here).