Seagen

Company

Investment-firm

Last deal

$1B

Amount

Post-IPO Equity

Stage

14.09.2020

Date

3

all rounds

$2.22B

Total amount

Financing round

General

About Company
Seagen is a biotechnology company developing and commercializing monoclonal antibody-based therapies for cancer and autoimmune diseases.

Industry

Sector :

Subsector :

Keywords :

Also Known As

Seattle Genetics Inc /Wa

founded date

01.01.1998

founders

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Active

Stock symbol

NASDAQ:SGEN

Description

Seagen uses its proprietary antibody-drug conjugate (ADC) technology to deliver cell-killing agents directly to tumor cells, improving outcomes for patients. They are expanding indications for three approved cancer medicines and have a pipeline of more than five targeted therapies in various stages of testing. Seagen collaborates with several pharmaceutical companies and is committed to advancing late-stage clinical trials and expanding their portfolio globally to improve the health of people with cancer.
Contacts

Contact Email

Phone number

Social url

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3

Number of Funding Rounds

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Money Raised

Their latest funding was raised on 14.09.2020. Their latest investor Sofinnova Investments. Their latest round Post-IPO Equity

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Acquisitions
1
Acquiree Name 
Date 
Price 
Acquisition Name 
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IPO & Stock Price

Seagen is registered under the ticker NASDAQ:SGEN . Their stock opened with in the 07.03.2001

Stock Symbol

ipo date

07.03.2001

People

Founders
1
Clay Siegall
Clay Siegall

Clay Siegall

Dr. Siegall co-founded Seattle Genetics in 1998 and is the company’s President, Chief Executive Officer and Chairman of the Board of Directors. Under his leadership, Seattle Genetics has built a diverse pipeline of antibody-based cancer therapies, including ADCETRIS (brentuximab vedotin) that was granted accelerated approval by the U.S. Food and Drug Administration (FDA) in 2011. Dr. Siegall has also guided Seattle Genetics/ capital-raising activities, securing more than $675 million through public and private financings, including the company’s initial public offering in 2001. Prior to co-founding Seattle Genetics, Dr. Siegall was with the Bristol-Myers Squibb Pharmaceutical Research Institute from 1991 to 1997 and the National Cancer Institute, National Institutes of Health from 1988 to 1991. He serves on the Board of Directors of Alder BioPharmaceuticals, a private biotechnology company. Dr. Siegall is an author on more than 70 publications and holds 15 patents. He received a Ph.D. in Genetics from George Washington University and a B.S. in Zoology from the University of Maryland.

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Employee Profiles
347
David Epstein

David Epstein

Chief Executive Officer & Director

Lee Heeson

Lee Heeson

Executive Vice President, Commercial International

Oguz Bakkal

Executive director, commercial finance

Muralikrishnan Sundararajan

Senior director - business application management

Christina Schwalbe

Global qc senior manager, operational excellence

Ken Wilhelm

Executive medical director medical affairs at seattle genetics

Ray Liao

Senior medical director, safety evaluation and risk management

James Henderson

Senior manager, clinical feasibility and analytics

Activity

Recent News
41
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