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Takeda Wins Approval of ADCETRIS

Seattle Genetics will receive two milestone payments

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By: Kristin Brooks

Managing Editor, Contract Pharma

Seattle Genetics collaborator, Takeda Pharmaceutical Co., has received approval of ADCETRIS (brentuximab vedotin) from the Japanese Ministry of Health, Labour and Welfare (MHLW) for the treatment CD30-positive relapsed or refractory Hodgkin lymphoma (HL) and anaplastic large cell lymphoma (ALCL). As a result, Seattle Genetics will receive two milestone payments from Takeda totaling $9 million.   ADCETRIS is an antibody-drug conjugate (ADC) directed to CD30, a marker of HL known to be expressed i...

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