US81181C1045 - Common Stock
SEAGEN INC
NASDAQ:SGEN (12/13/2023, 8:12:24 PM)
After market: 228.95 +0.21 (+0.09%)228.74
-0.16 (-0.07%)
Seagen Inc. is a biotechnology company, which engages in the development and commercialization of targeted therapies for the treatment of cancer. The company is headquartered in Bothell, Washington and currently employs 3,256 full-time employees. The company went IPO on 2001-03-07. The firm is engaged in commercializing ADCETRIS, or brentuximab vedotin, for the treatment of certain CD30-expressing lymphomas; PADCEV, or enfortumab vedotin-ejfv, for the treatment of certain metastatic urothelial cancers; TUKYSA, or tucatinib, for the treatment of certain metastatic human epidermal growth factor receptor 2 (HER2) -positive breast and colorectal cancers, and TIVDAK, or tisotumab vedotin-tftv, for the treatment of certain metastatic cervical cancers. The company is also advancing a pipeline of novel therapies for solid tumors and blood-related cancers designed to address unmet medical needs and improve treatment outcomes for patients. Its programs including ADCETRIS, PADCEV and TIVDAK, are based on the Company’s antibody-drug conjugate (ADC) technology that utilizes the targeting ability of monoclonal antibodies to deliver cell-killing agents directly to cancer cells.
SEAGEN INC
21823 30Th Drive Se, Suite
Bothell WASHINGTON 98021
P: 14255274000
CEO: Clay B. Siegall
Employees: 3256
Website: https://www.seagen.com/
The former chief of Seagen Inc., the cancer company Pfizer Inc. bought last year for $43 billion, has started a new company that uses a promising two-pronged approach to fighting tumors.
Pfizer Inc. Chief Executive Officer Albert Bourla said the pharma giant is pausing big acquisitions after spending $43 billion last year on buying Seagen Inc.
A rash of dealmaking helped reverse the declining fortunes of biotech stocks over the last five months. And as AstraZeneca Plc’s $1 billion deal to acquire closely-held Amolyt Pharma illustrates, the likelihood is there’s much more to come.
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