SGEN. PR Friday. $29.58 stockcharts.com Health Canada

New Post Public Reply Private Reply Replies (1) Message Board
PoemStone Shalom Star #4261

SGEN. PR Friday. $29.58

stockcharts.com

Health Canada Approves ADCETRIS® (Brentuximab Vedotin) for the Treatment of Relapsed or Refractory Hodgkin Lymphoma (HL) and Systemic Anaplastic Large Cell Lymphoma (sALCL)

- ADCETRIS is the First in a New Class of Targeted Therapies Called Antibody-Drug Conjugates -

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

Seattle Genetics, Inc. ( SGEN ) today announced that Health Canada has issued a Notice of Compliance with conditions (NOC/c), authorizing marketing of ADCETRIS for two lymphoma indications: (1) the treatment of patients with Hodgkin lymphoma (HL) after failure of autologous stem cell transplant (ASCT) or after failure of at least two multi-agent chemotherapy regimens in patients who are not ASCT candidates, and (2) the treatment of patients with systemic anaplastic large cell lymphoma (sALCL) after failure of at least one multi-agent chemotherapy regimen. The indications for ADCETRIS were authorized based on promising response rates demonstrated in single-arm trials. No data demonstrate increased survival with ADCETRIS.

“We are focused on making ADCETRIS available globally to all eligible patients with relapsed HL and sALCL. The approval of ADCETRIS in Canada, as well as the recent approval in the European Union, are important milestones to accomplish this goal,” said Clay B. Siegall, Ph.D., President and Chief Executive Officer of Seattle Genetics. “Now that Health Canada has approved ADCETRIS, we are committed to working closely with public and private insurers to secure reimbursement coverage for patients in Canada.”

“The approval of ADCETRIS in Canada marks a significant milestone for patients with relapsed HL or sALCL who have had few new treatment options in several decades,” Joseph M. Connors, M.D., FRCPC, Clinical Director, Center for Lymphoid Cancer at BC Cancer Agency in Vancouver, Canada.

Health Canada grants NOC/c, a form of market approval, on the basis of promising evidence of clinical effectiveness, for products intended for the treatment of serious, life-threatening or severely debilitating illnesses that meet a serious unmet medical need or demonstrate a significant improvement in the benefit/risk profile over existing therapies. Conditions associated with market authorization under the NOC/c policy include a requirement that Seattle Genetics conduct clinical trials designed to confirm the anticipated clinical benefit of ADCETRIS in these patients. Two confirmatory phase III clinical trials evaluating ADCETRIS in the front-line treatment setting of HL and mature T-cell lymphoma (MTCL), including sALCL, are currently underway and enrolling patients.

ADCETRIS (brentuximab vedotin) was issued marketing authorization under the NOC/c policy based on results from a single-arm, phase II pivotal trial in HL patients with relapsed or refractory disease following an ASCT and a single-arm, phase II pivotal trial in relapsed or refractory sALCL patients. ADCETRIS is administered in hospitals through IV infusion over 30 minutes every three weeks and patients who achieve stable disease or better should receive a minimum of 8 cycles and up to a maximum of 16 cycles (approximately one year).

ADCETRIS is the first in a new class of antibody-drug conjugates (ADCs) to be approved in Canada. Using Seattle Genetics’ proprietary technology, the ADC consists of a monoclonal antibody directed to an antigen called CD30. The monoclonal antibody is connected to a cell-killing agent by a linker system that is designed to be stable in the bloodstream but to release the cell-killing agent into CD30-expressing cells, resulting in target cell death. The CD30 antigen is known to be expressed on the Reed-Sternberg cells of HL and on sALCL, an aggressive type of T-cell non-Hodgkin lymphoma.

“Health Canada’s approval of ADCETRIS is the first step in getting patients access to this important therapy,” said Sue Robson, Executive Director of Lymphoma Foundation Canada. “The Lymphoma Foundation is committed to working with Canada provincial governments to ensure that appropriate patients have access to this new therapy.”

About Lymphoma

Lymphoma is a general term for a group of cancers that originate in the lymphatic system. There are two major categories of lymphoma: Hodgkin lymphoma and non-Hodgkin lymphoma. Hodgkin lymphoma is distinguished from other types of lymphoma by the presence of one characteristic type of cell, known as the Reed-Sternberg cell. The Reed-Sternberg cell generally expresses CD30. Systemic ALCL is an aggressive type of T-cell non-Hodgkin lymphoma that also expresses CD30.

According to a report published by the Cancer Advocacy Coalition of Canada, lymphoma is the most common blood cancer, the sixth most common cause of cancer death, and the most common cancer for young people under 30 years of age in Canada. Although primary treatment with front-line combination chemotherapy can result in durable response rates, up to 30 percent of Hodgkin lymphoma and over 50 percent of systemic ALCL patients relapse or are refractory to front-line treatment and have few therapeutic options beyond ASCT.

About ADCETRIS

ADCETRIS received accelerated approval from the U.S. Food and Drug Administration (FDA) in August 2011 and was granted conditional marketing authorization by the European Commission in October 2012 and by Health Canada in February 2013 for relapsed Hodgkin lymphoma and systemic anaplastic large cell lymphoma.

ADCETRIS is being evaluated across many disease settings in ongoing clinical trials in Canada, including a planned phase I/II investigator-sponsored clinical trial evaluating ADCETRIS in combination with bendamustine for patients with HL and ALCL that has either relapsed or did not respond to initial treatment. ADCETRIS is not currently approved for use in combination with bendamustine for patients with HL and ALCL that has either relapsed or did not respond to initial treatment.

Seattle Genetics and Millennium are jointly developing ADCETRIS. Under the terms of the collaboration agreement, Seattle Genetics has U.S. and Canadian commercialization rights and the Takeda Group has rights to commercialize ADCETRIS in the rest of the world. Seattle Genetics and the Takeda Group are funding joint development costs for ADCETRIS on a 50:50 basis, except in Japan where the Takeda Group will be solely responsible for development costs.

About Seattle Genetics

Seattle Genetics is a biotechnology company focused on the development and commercialization of monoclonal antibody-based therapies for the treatment of cancer. The company’s lead program, ADCETRIS (brentuximab vedotin), received accelerated approval from the U.S. Food and Drug Administration in August 2011 for two indications. In addition, under a collaboration with Millennium: The Takeda Oncology Company, ADCETRIS received conditional approval from the European Commission in October 2012. Seattle Genetics also has three other clinical-stage antibody-drug conjugate (ADC) programs: SGN-75, ASG-5ME and ASG-22ME. Seattle Genetics has collaborations for its ADC technology with a number of leading biotechnology and pharmaceutical companies, including Abbott, Agensys (an affiliate of Astellas), Bayer, Celldex Therapeutics, Daiichi Sankyo, Genentech, GlaxoSmithKline, Millennium, Pfizer and Progenics, as well as ADC co-development agreements with Agensys and Genmab. More information can be found at www.seattlegenetics.com .

Featured stocks: Coffee Shoppe
For conservative debate: "Keeping it Real"
Game Changing stock $SHMP

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Nasdaq Outruns Small Caps as Crude Falters

Updated Category News Views 6

Here's a funny thing: A market that's galloping while its commodities counterpart stumbles. We're talking now about the Nasdaq and small caps flexing some serious muscle, pushing higher over a span of three sessions. These growth stocks took the lead, as the Nasdaq Composite inched up 1.04% for the day and gained 2.14% this week, ending at 26,700.62. The Russell 2000...

Continue Reading
Vermilion Energy Sets Dates for Earnings and Calls

Updated Category News Views 3

The Anticipation Around Vermilion's Upcoming Results There's a buzz in the air about Vermilion Energy Inc.'s upcoming Q3 2026 financial results. Slated to hit the wires November 4th, before the sun rises on Wall Street, folks in the trade have their eyes peeled to parse through any morsels of data. The question on everyone's mind? Whether they're making the right moves to...

Continue Reading
Casio Unveils Analog G-SHOCKs with Iconic Style

Updated Category News Views 1

Blending the Old with the New Here's an interesting tidbit for all you watch aficionados and investors: Casio is set to drop the GMC-2500 and GAC-2500, a new wave of G-SHOCK watches that are marrying that vintage cool with today's swagger. Straight out of Tokyo, these timepieces are taking a page from the 1983 DW-5000C playbook, but the twist? They're going analog. It's a...

Continue Reading
AI Platform Revolutionizes Campus Career Services

Updated Category News Views 8

Reinventing the Campus Job Connection Technological tides are sweeping through universities like a gale force wind, shaking up the job-seeker game for students. Rollie Jobs is at the helm of this tech evolution, flexing its AI-powered muscles to revamp how career services function. The brainy folks behind Rollie Jobs are crafting a smoother bridge between textbooks and...

Continue Reading
Supermicro, Nokia, and NVIDIA Collaborate on AI-RAN Edge

Updated Category News Views 8

AI Drives Evolution in Network Infrastructure Look, the world of networking won't sit still, and Supermicro proves it's got skin in the game by bringing AI right to the network's edge. This time, they're hob-nobbing with Nokia and NVIDIA to see what AI-RAN can really do. If this feels like a sneak peek into the future, well, that’s because it is. These guys are blending...

Continue Reading
Prospanica Summit 2026: Envisioning More Opportunities Ahead

Updated Category News Views 1

The Road to Envisioning 'Más': A Dive into the Future Let's break down what's ahead with the 2026 Prospanica Summit—a collision of ambition and opportunity set to strike at Marina Del Rey. It's a Saturday—November 7th to be exact—when all this goes down, aiming to shake up the aspirations of Hispanic MBAs and business pros from coast to coast. Think MBAs,...

Continue Reading
WuXi Biologics Clinches Top ESG Honors in Award Circuit

Updated Category News Views 5

Pounding the ESG Pavement Every now and then, a story pops up that makes you wonder if the finance folks are finally waking up to what's been slap-you-in-the-face obvious: sustainability ain't just a fancy word for do-gooders anymore. It's the real ticket to the future, and WuXi Biologics (2269.HK) just snagged the top-honor Jade Award at The Asset Corporate...

Continue Reading
Fulton's Q3 2026: Solid Gains Amid Market Changes

Updated Category News Views 2

Fulton's Financial Fireworks in Q3 Show of hands, who's surprised by Fulton Financial Corporation's latest earnings? Not this guy. Fulton's been on a solid roll, and their Q3 results for 2026 only add more firepower to their trajectory. The company reported a net income of $114.1 million—that’s a $14.2 million leap from the previous quarter. Not too shabby for a...

Continue Reading
Ben Felton to Lead AEIC as President for 2027

Updated Category News Views 3

A New Face at the Helm of AEIC If you’ve been keeping tabs on the utility sector, then the recent shuffling of chairs over at the Association of Edison Illuminating Companies (AEIC) might have caught your eye. They just wrapped up their 142nd Annual Meeting in Ojai, where Ben Felton from Portland General Electric stepped into the limelight as the incoming President for...

Continue Reading
KingClean's New Tech at Canton Fair Ignites Interest

Updated Category News Views 9

KingClean Stirs the Pots at Canton Fair Stretching over the bustling floors of the 140th Canton Fair, KingClean has rolled out its latest innovations in the smart home appliance arena. Now, this isn't just another day at the market—KingClean's pushing the envelope on how household gear should perform and connect globally. Diving Into KingClean's Smart Arsenal At the...

Continue Reading

Top 5 Most Recently Viewed Articles

Transforming Business Efficiency with SutiCLM's AI Innovations

Updated Category News Views 92

Revolutionizing Contract Management with AI Artificial Intelligence (AI) is significantly reshaping contract management, offering businesses advanced solutions to enhance their workflow. SutiCLM from SutiSoft stands at the forefront of this transformation. With a focus on streamlining processes, SutiCLM empowers teams to work more effectively and make informed decisions....

Continue Reading
Nvidia Reveals Powerful RTX 50 Series GPUs and Blackwell Chips

Updated Category News Views 280

Nvidia Pushes Boundaries with Next-Gen Graphics Units Nvidia, a leader in the field of graphics processing technology, has made waves with the recent unveiling of their next-generation RTX graphical processing units (GPUs). The announcement was made by CEO Jensen Huang during a major tech expo, where he outlined the innovative features that make the RTX 50 series...

Continue Reading
Securities Class Action Filed Against MoonLake Immunotherapeutics

Updated Category News Views 126

Recent Legal Developments for MoonLake Immunotherapeutics MoonLake Immunotherapeutics is currently facing a significant legal challenge following a drastic decline in its stock price. The biotechnology company, known for its focus on therapies for inflammatory diseases, is now in the spotlight due to potential violations of federal securities laws. Understanding the...

Continue Reading
APrevent Triumphs as MedTech Innovator Asia Pacific 2024 Winner

Updated Category News Views 97

APrevent Triumphs at the 2024 MedTech Innovator Asia Pacific Awards In a thrilling conclusion at the renowned MedTech Innovator Asia Pacific event, APrevent emerged as the winner of the 2024 Finals Competition. This achievement is particularly noteworthy given the fierce competition, which included a host of innovative startups that are redefining the landscape of medical...

Continue Reading
Leading Edge Materials Advances Norra Kärr Heavy Rare Earth Elements Project

Updated Category News Views 248

Leading Edge Materials Announces Update on Norra Kärr Project Leading Edge Materials Corp. is making substantial strides concerning the Norra Kärr Heavy Rare Earth Elements (HREE) Project. This exciting initiative is poised to play a crucial role in the European Union's supply of rare earth elements. The company, through its wholly-owned subsidiary, Greenna Mineral AB,...

Continue Reading