Valeant Pharmaceuticals pulled Dendreon out of bankruptcy by acquiring the troubled prostate cancer immunotherapy company, and Johnson & Johnson's Janssen Biotech subsidiary pumped much-needed cash into Geron with a drug development partnership, but because of those deals 95 people at Dendreon and Geron are losing their jobs.
After no other bidders emerged for Dendreon, the bankruptcy court approved Valeant's $400m offer to buy the Provenge (sipuleucel-T) maker...


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