Cowen Raises Price Target on Seattle Genetics (SGEN) Following 2Q15

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Seattle Genetics Reports Second Quarter 2015 Financial Results

July 30, 2015 4:02 PM EDT

-Total Second Quarter 2015 Revenues of $77.1 Million, Including Record $55.1 Million in ADCETRIS® (Brentuximab Vedotin) U.S. and Canada Net Sales-

-ADCETRIS 2015 Net Sales Guidance Increased to a Range of $210 Million to $220 Million-

-Potential ADCETRIS Label Expansion through AETHERA Supplemental Biologics License Application (BLA) Currently Under FDA Priority Review; PDUFA Action Date August 18, 2015-

-Additional Clinical Data from Multiple Pipeline Programs Expected In Next Six to Nine Months, Including SGN-CD33A for Acute Myeloid Leukemia-

-Conference Call Today at 4:30 p.m. ET-... More