One of the greatest medical breakthroughs that is long overdue from the researchers is getting a cure or a therapy that treats all cancer types regardless of the stage of development of the menace. Research into the disease has been going on for the past few decades and many of the firms have made quite some commendable steps towards getting a solution to the problem. One of the research centers that have been working tirelessly to solve this problem is Seattle Genetics. The company has achieved quite some level of success and is even listed on NASDAQ. Co-founder and CEO to the company is one of the people that have been pushing the company to the level of success they are currently enjoying.
The company was started in 1998 after the founders found it necessary to branch away from researching for other companies and follow their passion of getting a cure for cancer. Before going to start the research clinic, Clay Siegall had taken part in several other initiatives. These include the National Cancer Institute where he worked as a research fellow and the Bristol-Myers research Institute where he was a senior research investigator. These are the experiences that paved the way for him to become the successful researcher that he is.
He has been concentrating the activities of the company towards making sure that the drugs they are developing have been approved by the FDA. Two years ago, the FDA approved one of their drugs for the treatment of various types of lymphomas. The drug is doing really well in sales both locally and abroad. For instance, last financial year, the drug brought in a revenue of close to half a million dollars.
Locally, the drug is retailed in the main pharmacies and outlets. In Canada, Takeda Pharmaceuticals is the company that helps Seattle Genetics sells their drugs. In addition, the drug has been approved for use in 60 other countries. In order to expand his reach, Clay is hiring more researchers and equipping their laboratories for better research. The current success by Seattle Genetics clearly shows that they are headed to the top.