Seagen (SGEN) Appoints David R. Epstein as CEO and Director

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Seagen's announcement likely confirms it will remain a standalone company - Raymond James

November 10, 2022 10:36 AM EST

Raymond James analyst Dane Leone told investors in a note Thursday that Seagen (NASDAQ: SGEN) announcing David Epstein as their new Chief Executive Officer and member of the board means it likely confirms that Seagen will remain a stand-alone entity.

Seagen shares are down more than 5% in early Thursday... More

Seagen (SGEN) Falls as CEO News Dashes Buyout Hopes

November 10, 2022 8:51 AM EST

Seagen (NASDAQ: SGEN) is down 3.3% in pre-open trading following news it named David R. Epstein as CEO, which is dashing M&A hopes. Merck (NYSE: MRK) was seen as a buyer of the company but an... More