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Seagen Inc (SGEN)

Seagen Inc (SGEN)
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Seagen, Inc., a biotechnology company, focuses on developing & commercializing therapies targeted for the treatment of cancer. Adcetris, a lead FDA approved marketed product at Seagen, is used for treating Hodgkin lymphoma, certain T-cell lymphomas, other cancers in the U.S., Europe & several countries. Seagen has an agreement with Takeda Pharmaceutical Company Ltd. for the further development and commercialization of Adcetris. Seagen retains all rights to sell Adcetris in the U.S. and Canada, while Takeda has commercial rights to the drug in the rest of the world. The FDA granted approvals to Seagen's several drugs named Padcev, for treating advanced/metastatic urothelial cancer; Tukysa and Tivdak for treating adult patients with locally advanced/metastatic HER2-positive breast cancer and for the treatment of recurrent/metastatic cervical cancer in adult patients respectively. The company also has license agreements with partners like Merck, Roche, GlaxoSmithKline, Astellas, AbbVie, Bristol-Myers and Genmab.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Sales 1,962,410 1,574,370 2,175,540 916,710 654,700
Sales Growth +24.65% -27.63% +137.32% +40.02% +35.76%
Net Income -610,310 -674,470 613,670 -158,650 -222,690
Net Income Growth +9.51% -209.91% +486.81% +28.76% -77.40%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Total Assets 3,674,530 3,719,600 4,000,910 2,205,870 1,503,330
Total Assets Growth -1.21% -7.03% +81.38% +46.73% +71.23%
Total Liabilities 870,710 654,470 512,810 329,580 229,390
Total Liabilities Growth +33.04% +27.62% +55.60% +43.68% +14.48%
(Values in U.S. Thousands) Dec, 2022 Dec, 2021 Dec, 2020 Dec, 2019 Dec, 2018
Operating Cash Flow -453,750 -499,010 856,570 -163,740 -203,540
Operating Cash Flow Growth +9.07% -158.26% +623.13% +19.55% -71.19%
Net Cash Flow -101,350 -133,590 283,860 196,380 -82,760
Change in Net Cash Flow +24.13% -147.06% +44.55% +337.29% -258.33%
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