Needham & Company Reiterate Buy on Seattle Genetics (SGEN) Following Adcetris Approval
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Leerink Partners Remain Bullish on Seattle Genetics (SGEN) Following FDA's Approval of Adcetris
August 18, 2015 10:13 AM EDTLeerink Partners reiterated an Outperform rating and $56.00 price target on Seattle Genetics (NASDAQ: SGEN) following the announced FDA approval of Adcetris. SGEN announced the approval after market close. The Adcetris will be used in the AETHERA setting for Hodgkins lymphoma patients at high... More
Pre-Open Stock Movers 08/18: (OMER) (ESPR) (SUNE) (DKS) (HD) Higher; (APP) (SNDK) (WMT) Lower (more...)
August 18, 2015 9:30 AM EDTOmeros (NASDAQ: OMER) 64.4% HIGHER; announced additional positive data in the company's Phase 2 clinical trial of OMS721 for the treatment of thrombotic microangiopathies (TMAs). TMAs are a family of rare, debilitating and life-threatening disorders characterized by excessive thrombi (clots) aggregations of platelets in the... More
Seattle Genetics (SGEN) Announces FDA Approval of ADCETRIS as Classical HL Treatment in Certain Patients
August 17, 2015 4:10 PM EDTSeattle Genetics (NASDAQ: SGEN) announced that the U.S. Food and Drug Administration (FDA) has approved ADCETRIS (brentuximab vedotin) for the treatment of patients with classical Hodgkin lymphoma (HL) at high risk of relapse or progression as post-autologous hematopoietic stem cell transplantation (auto-HSCT) consolidation. The approval is based on a phase 3 clinical trial called AETHERA that was designed to compare up to 16 cycles (approximately one year) of ADCETRIS therapy administered every three weeks following auto-HSCT to placebo. The primary endpoint was met with a significant improvement in median progression-free survival (PFS) of 42.9 months (95% CI: 30.4, 42.9) for... More
