Another new owner for Provenge


According to a media release issued rather quietly a week ago, a large Chinese conglomerate has now bought Provenge (sipuleucel-T) from Valeant, which had acquired it when Valeant bought Dendreon.

According to the media release issued by the Sanpower Group, the company “plans to accelerate Provenge sales penetration in the United States and also align its own resources to introduce Provenge to China and other major markets in Asia.”

We’ll probably have to wait and see what that actually means, but in our humble opinion the ability to accelerate sales of Provenge here in the US will require some serious new data regarding the effectiveness and safety of Provenge rather earlier in the progression of higher-risk forms of prostate cancer.

3 Responses

  1. Not to mention that Prostvac must figure somehow into Provenge’s prospects!

  2. I’m glad to see Valeant exit this scene! A few years ago Valeant decided the way to make money was to siphon bucks from the wallets of patients and insurers by drastically and abruptly raising prices on drugs developed by companies it acquired. Shameful!

  3. Will they finally be able to stand on their own? That’s the $93,000.00 question.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: