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Seagen Inc.

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Seagen Inc. - Healthcare showcase

Year Founded & Workforce

1997

2,700 Employees

Industry

Healthcare

Services

Esophageal squamous cell carcinoma
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Seagen Inc. Employee Contacts

5 verified contactsNames, job titles, seniority and locations

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Seagen Inc. Overview

Company Headquarters: Washington, US

Founded: 1997

Workforce: ~ 2,700

Company Working: Seagen Inc., a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United States and internationally. The company was formerly known as Seattle Genetics, Inc. and changed its name to Seagen Inc. in October 2020. Seagen Inc. It offers antibody-drug conjugates (ADCs), including Padcevtm (enfortumab vedotin-ejfv), which is used to treat metastatic urothelial cancers, Adcetris (brentuximab vedotin), which is used to treat Hodgkin's lymphoma, T-cell lymphomas, and CD30-expressing lymphomas. (Tucat) Tukysa. Seagen's therapies are based on antibody-drug conjugate technology that utilizes the targeting ability of monoclonal antibodies to deliver cell-killing agents directly to cancer cells. Additionally, Seagen also licenses its antibody-drug conjugate technology to several biotechnology and pharmaceutical companies. Seagen serves customers on a global scale.

Strategy

The goal of Seagen Inc. is to discover, develop, and market cutting-edge cancer therapies that will greatly enhance people's quality of life. The company is also focused on expanding its market globally through the acquisition of small companies and alliances with important actors. In addition, the aim of Seagen Inc. is to become a preeminent global oncology company that develops and markets therapies specifically for cancer. Furthermore, it is also focused on expanding its product portfolio through R&D investments.

Company Snapshot

$916,713M

Revenue

2,700

Employees

1997

Founded

Washington, US

Headquarters

Key Developments

DateApproachDevelopment
September 2021Product ApprovalThe FDA has approved Seagen Inc’s TIVDAK (Tisotumab vedotin). It is used to treat cervical cancer that is recurrent or metastatic and esophageal squamous cell carcinoma cancer. It is also used in women whose cancer got worse during or after treatment with chemotherapy

Product Offering

  • Seagen Inc.
    • Esophageal squamous cell carcinoma

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Sales rose from USD 916,713 Mn in 2019 to USD 1,574,371 Mn in 2021.
Seagen Inc. — By Business Segment
Series (USD Mn)201920202021
Sales916,7132,175,5361,574,371
R&D Expenditure719.4827.11,228.7

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