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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) Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022
Sales 648,650 603,830 519,720 528,150 510,300
Sales Growth +7.42% +16.18% -1.60% +3.50% +2.57%
Net Income -215,790 -211,530 -174,740 -148,170 -190,820
Net Income Growth -2.01% -21.05% -17.93% +22.35% -41.53%
(Values in U.S. Thousands) Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022
Total Assets 3,634,260 3,495,380 3,543,300 3,674,530 3,619,080
Total Assets Growth +3.97% -1.35% -3.57% +1.53% -0.31%
Total Liabilities 1,083,840 876,320 820,140 870,710 797,270
Total Liabilities Growth +23.68% +6.85% -5.81% +9.21% +14.30%
(Values in U.S. Thousands) Sep, 2023 Jun, 2023 Mar, 2023 Dec, 2022 Sep, 2022
Operating Cash Flow -460,710 -424,890 -249,640 -453,750 -374,310
Operating Cash Flow Growth -8.43% -70.20% +44.98% -21.22% -29.71%
Net Cash Flow 105,670 -14,230 13,550 -101,350 -56,460
Change in Net Cash Flow +842.59% -205.02% +113.37% -79.51% -12.90%
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