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Seagen Inc. - SGEN STOCK NEWS

Welcome to our dedicated page for Seagen news (Ticker: sgen), a resource for investors and traders seeking the latest updates and insights on Seagen stock.

Seagen Inc. (symbol: SGEN) is a pioneering biotechnology firm co-founded by Dr. Clay Siegall. The company is at the forefront of developing antibody-drug conjugates (ADCs) for cancer treatment. Seagen's technology leverages the precision of monoclonal antibodies to deliver potent cell-killing agents exclusively to cancer cells, aiming for higher efficacy and fewer side effects compared to traditional therapies.

Seagen’s flagship product, Adcetris® (brentuximab vedotin), marks a significant advancement in cancer treatment. In partnership with Takeda Pharmaceutical Company Limited, Adcetris® has received approval in over 55 countries. Seagen is broadening the horizons of Adcetris® through an extensive clinical development program, exploring its potential against various types of lymphoma and other cancers.

Beyond Adcetris®, Seagen boasts a robust pipeline of clinical-stage programs, including promising candidates like SGN-CD19A, SGN-CD33A, SGN-LIV1A, SGN-CD70A, ASG-22ME, ASG-15ME, and SEA-CD40. These innovative therapies aim to address unmet medical needs in oncology, offering new hope to patients worldwide.

Seagen has forged strategic alliances with several leading biotechnology and pharmaceutical companies, such as AbbVie, Agensys, and more, to further leverage its ADC technology. These collaborations enhance Seagen's research capabilities and accelerate the development of novel treatments.

The company's commitment to advancing cancer therapy is reflected in its continuous research, strong financial health, and strategic partnerships. Investors and stakeholders can stay updated with Seagen's latest developments, achievements, and market performance through regular news updates and financial reports.

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Genmab and Seagen announce additional results from the Phase 3 innovaTV 301 trial, showing that TIVDAK demonstrated a statistically significant reduction in the risk of death in cervical cancer patients compared to chemotherapy. The results were presented at the ESMO Congress 2023.
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Seagen Inc. to present detailed results from Phase 3 studies at ESMO Congress 2023
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Seagen Inc. to report Q3 2023 financial results
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Seagen and Astellas announce positive trial results for PADCEV in combination with KEYTRUDA in bladder cancer patients
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Seagen and Genmab announce positive Phase 3 trial results for TIVDAK in recurrent or metastatic cervical cancer patients.
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Genmab and Seagen announce positive results from Phase 3 innovaTV 301 trial in cervical cancer patients
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Seagen Inc. announced that the Phase 3 HER2CLIMB-02 clinical trial of TUKYSA in combination with ado-trastuzumab emtansine met its primary endpoint of progression-free survival in patients with HER2-positive breast cancer. Overall survival data are not yet mature. Adverse events were more common in the combination arm of the trial, but no new safety signals emerged.
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Seagen Inc. reports record net product sales in 2Q23, with a 26% increase over 2Q22. PADCEV and ADCETRIS show strong growth, while TUKYSA performs well. Phase 3 trials for PADCEV, TUKYSA, and TIVDAK expected in 2H23. Acquisition by Pfizer progressing towards close in late 2023 or early 2024.
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Seagen Inc. (Nasdaq: SGEN) to Report Q2 2023 Financial Results, No Conference Call Due to Pfizer Acquisition
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FAQ

What is the market cap of Seagen (sgen)?

The market cap of Seagen (sgen) is approximately 43.2B.

What is Seagen Inc. known for?

Seagen Inc. is renowned for its innovative antibody-drug conjugates (ADCs) designed to treat cancer.

What is Adcetris®?

Adcetris® (brentuximab vedotin) is Seagen's lead ADC product, approved in over 55 countries for treating certain cancers.

Who founded Seagen Inc.?

Seagen Inc. was co-founded by Dr. Clay Siegall.

What recent projects is Seagen involved in?

Seagen is expanding the therapeutic applications of Adcetris® and advancing a pipeline of clinical-stage ADC therapies.

Which companies has Seagen partnered with?

Seagen has partnerships with Takeda, AbbVie, Agensys, and several other biotechnology and pharmaceutical companies.

How does Seagen's ADC technology work?

Seagen's ADCs use monoclonal antibodies to target and deliver cell-killing agents directly to cancer cells, minimizing damage to healthy cells.

What are some of Seagen’s clinical-stage programs?

Seagen's clinical-stage programs include SGN-CD19A, SGN-CD33A, SGN-LIV1A, SGN-CD70A, ASG-22ME, ASG-15ME, and SEA-CD40.

Where can I find the latest news about Seagen Inc.?

Latest news about Seagen Inc. can be found on their official website and financial news platforms like StockTitan.

What is the financial health of Seagen Inc.?

Seagen Inc. maintains strong financial health, supported by strategic partnerships and ongoing research initiatives.

How is Seagen expanding the use of Adcetris®?

Seagen is conducting extensive clinical trials to evaluate Adcetris® for various types of lymphoma and other cancers.

Seagen Inc.

Nasdaq:SGEN

SGEN Rankings

SGEN Stock Data

43.15B
187.13M
0.81%
88.83%
5.08%
Biotechnology
Healthcare
Link
United States
Bothell