Seattle Genetics (SGEN) Misses Q1 EPS by 6c

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Seattle Genetics Reports First Quarter 2016 Financial Results

April 28, 2016 4:06 PM EDT

-Record First Quarter 2016 Revenues of $111.2 Million, Including $58.6 Million in ADCETRIS® (Brentuximab Vedotin) U.S. and Canada Net Sales-

-Top-Line Data from ADCETRIS Phase 3 ALCANZA Trial Expected in Third Quarter of 2016-

-Vadastuximab Talirine (SGN-CD33A) Phase 3 Trial Initiation Planned by Third Quarter of 2016-

-First Clinical Data from ASG-15ME and ASG-22ME Phase 1 Trials to be Presented at ASCO-

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

BOTHELL, Wash.--(BUSINESS WIRE)--... More