Seattle Genetics, Inc. (OQ:SGEN)
Business Focus: Biotechnology & Medical Research
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 21823 30th Dr SE BOTHELL WA 98021-3907 |
| Tel: | 1-425-5274160 |
| Website: | www.seattlegenetics.com |
| IR: | See website |
| Key People | ||
| Clay B. Siegall Chairman of the Board, President, Chief Executive Officer | Todd E. Simpson Chief Financial Officer | Jean I. Liu Executive Vice President - Legal Affairs, General Counsel, Corporate Secretary |
| Vaughn B Himes Chief Technical Officer | Roger Dansey Chief Medical Officer | Brian Donnelly Chief Commercial Officer | Robin G. Taylor Chief Commercial Officer |
| Business Overview |
| Seattle Genetics, Inc. is a biotechnology company focused on the development and commercialization of therapies for the treatment of cancer. The Company is engaged in the development and sale of pharmaceutical products on its own behalf or in collaboration with others. The Company's marketed product ADCETRIS, or brentuximab vedotin, is an antibody-drug conjugate (ADC). In addition to ADCETRIS, the Company's pipeline includes other clinical-stage ADC programs, such as ASG-22ME, SGN-LIV1A, SGN-CD19A, SGN-CD19B, SGN-CD123A, SGN-352A, and ASG-15ME, as well as two immuno-oncology agents, SEA-CD40, which is based on its sugar-engineered antibody (SEA) technology, and SGN-2FF, which is a small molecule. It also has multiple preclinical and research-stage programs that employ its technologies, including SGN-CD48A and a preclinical ADC. ADCETRIS is an ADC comprising an anti-CD30 monoclonal antibody attached by a protease-cleavable linker to a microtubule disrupting agent. |
| Financial Overview |
| For the nine months ended 30 September 2019, Seattle Genetics, Inc. revenues increased 31% to $626.9M. Net loss increased 79% to $184.5M. Revenues reflect Net product sales increase of 34% to $461.6M, Collaboration and license agreement reve increase of 30% to $99.1M, Royalty revenues increase of 12% to $66.2M. Higher net loss reflects Research and development increase of 25% to $518.3M (expense), Investment and other income (loss). |
| Employees: | 1,302 as of Dec 31, 2018 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $17,811M as of Sep 30, 2019 |
| Annual revenue (TTM): | $801.42M as of Sep 30, 2019 |
| EBITDA (TTM): | -$251.31M as of Sep 30, 2019 |
| Net annual income (TTM): | -$304.29M as of Sep 30, 2019 |
| Free cash flow (TTM): | -$234.21M as of Sep 30, 2019 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 171,385,656 as of Oct 25, 2019 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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