Dendreon (DNDN) says it expects to take a $25M charge associated with its reduction in headcount...

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

Dendreon (DNDN) says it expects to take a $25M charge associated with its reduction in headcount for employee severance and other related termination benefits during the second half of 2012 and into 2013. As previously disclosed, the company expects implementation of its restructuring plan to be completed by mid-2013. Shares +2.2% AH.