Seagen

Seagen

A global biotechnology company dedicated to developing revolutionary therapies with real impact. Learn more

Financials

Estimates*

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Revenues, earnings & profits over time
USD2018201920202021202220232024
Revenues655m917m2.2b1.6b2.0b2.5b3.3b
% growth36 %40 %137 %(28 %)25 %25 %35 %
EBITDA(234m)(282m)578m(688m)(624m)--
% EBITDA margin(36 %)(31 %)27 %(44 %)(32 %)--
Profit(223m)(159m)614m(674m)(610m)--
% profit margin(34 %)(17 %)28 %(43 %)(31 %)--
R&D budget565m719m827m1.2b1.3b--
R&D % of revenue86 %78 %38 %78 %69 %--

Source: Dealroom estimates

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DateInvestorsAmountRound

N/A

-
*
N/A

$7.0m

Valuation: $150m

IPO
N/A

$155m

Post IPO Equity

$9.0m

Post IPO Equity
*
N/A

$552m

Post IPO Equity

N/A

-
N/A

$575m

Post IPO Equity

$1.0b

Post IPO Equity
*

$43.0b

Valuation: $43.0b

21.9x EV/LTM Revenues

-69.0x EV/LTM EBITDA

Acquisition
*

$12.9m

Post IPO Equity
Total Funding-

Recent News about Seagen

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More about Seagen
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Seagen is a biotechnology company that has been operating for 25 years with a primary focus on transforming cancer care. The company operates in the healthcare sector, specifically in the oncology market. Its main clients are patients suffering from various types of cancer, including solid tumors and blood-related cancers. Seagen's business model revolves around the research, development, and commercialization of innovative cancer therapies.

The company is a pioneer in the development of antibody-drug conjugates (ADCs), which are a type of targeted cancer therapy that delivers cytotoxic drugs directly to cancer cells. This approach has the potential to improve the effectiveness of treatment while reducing side effects, offering a significant advancement in cancer care.

Seagen's revenue is generated through the sale of its approved therapies, as well as through partnerships with other healthcare companies. The company also invests heavily in research and development to create a pipeline of new therapies, ensuring its future growth.

Seagen prides itself on its culture of integrity, collaboration, and diversity. Its team comprises scientists, engineers, clinicians, advocates, and innovators all dedicated to making a real difference for people impacted by cancer.

Keywords: Biotechnology, Cancer Care, Antibody-Drug Conjugates, Oncology, Research and Development, Targeted Therapy, Healthcare, Innovation, Collaboration, Patient Advocacy.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Seagen

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PIERIS Proteolab
ACQUISITION by Palvella Therapeutics Jul 2024
Cascadian Therapeutics
ACQUISITION by Seagen Jan 2018