Here's Why Seattle Genetics Climbed 17.6% in September [The Motley Fool]
Seagen Inc. (SGEN)
Last seagen inc. earnings: 4/30 04:02 pm
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Source: The Motley Fool
Here's Why Seattle Genetics Climbed 17.6% in September What happened Shares of Seattle Genetics ( NASDAQ:SGEN Global Market Intelligence presented So what In a phase clinical trial, Seattle Genetics' tucatinib combined with Roche Image source: Getty Images. The second ESMO presentation was for an early stage study testing Seattle Genetics' enfortumab vedotin (EV) with Merck NYSE:MRK The second study didn't have a control, either, but a clinical trial run by Merck testing Keytruda as a monotherapy in similar patients produced a response rate of 9%. Even in patients with high expression of PD-L, the pathway that Keytruda targets, the response rate was only 7%, so adding EV seems to be substantially increasing the efficacy. Now what Seattle Genetics will likely have to test EV plus Keytruda in an additional clinical trial before gaining regulatory approval in newly diagnosed urothelial cancer patients, but EV is already under FDA review for patients with late-stage urothelial cancer wh
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