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Seattle Genetics and Millennium have entered into a development and commercialization agreement for lymphoma treatment brentuximab vedotin.
December 15, 2009
By: Tim Wright
Editor-in-Chief, Contract Pharma
Seattle Genetics and Millennium: The Takeda Oncology Company have entered into an agreement to globally develop and commercialize brentuximab vedotin (SGN-35), an antibody-drug conjugate (ADC) targeting CD30. SGN-35 is in late-stage trials for the treatment of relapsed and refractory Hodgkin lymphoma (HL) and systemic anaplastic large cell lymphoma (ALCL). Seattle Genetics will receive an upfront payment of $60 million and retains full commercialization rights for brentuximab vedotin in the U...
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