History

Seattle Genetics, Inc. was founded in 1997 by H. Perry Fell, Ph.D., M.B.A. and Clay B. Siegall, Ph.D. A brief summary of some of the key corporate milestones in Seattle Genetics' history follows:

April 2009 ADC collaboration with Millennium: The Takeda Oncology Company
February 2009 Initiated pivotal trial of SGN-35 for Hodgkin lymphoma
January 2009 Received Special Protocol Assessment (SPA) from the FDA for pivotal trial of SGN-35 in Hodgkin lymphoma
July 2008 Initiated phase I clinical trial of SGN-70
July 2008 ADC collaboration with Daiichi Sankyo
January 2008 Completed $103.5 million follow-on public offering
November 2007 Initiated phase II clinical trial of lintuzumab (SGN-33)
January 2007 Exclusive worldwide collaboration agreement with Genentech for dacetuzumab (SGN-40)
January 2007 ADC co-development agreement with Agensys
December 2006 Initiated phase II clinical trial of dacetuzumab (SGN-40)
November 2006 Initiated phase I clinical trial of SGN-35
May 2006 Completed financings totaling $43 million
November 2005 Initiated phase I clinical trial of lintuzumab (SGN-33)
June 2005 ADC collaboration with Progenics (PSMA Development Co.)
April 2005 ADC collaboration with MedImmune
April 2005 In-licensed anti-CD33 program from PDL BioPharma
September 2004 ADC collaboration with Bayer Pharmaceuticals
July 2004 Co-development agreement with Celera Genomics
June 2004 ADC collaboration with CuraGen
March 2004 Initiated phase I clinical trial of dacetuzumab (SGN-40)
February 2004 Completed $66 million follow-on public offering
January 2004 Initiated phase II clinical trial of SGN-30
December 2003 Expanded ADC collaboration with Genentech, triggering receipt of a payment of $10 million
July 2003 Completed $41 million private placement
November 2002 Initiated phase I multi-dose clinical trial of SGN-30
April 2002 ADC collaboration with Genentech
March 2002 Initiated phase I single-dose clinical trial of SGN-30
June 2001 First ADC collaboration, with Eos Biotechnology (acquired by PDL BioPharma)
March 2001 Completed initial public offering and concurrent private placement raising a total of $51 million
February 2000 Completed in-licensing of cell-killing agent Auristatin E from Arizona State University
December 1999 Completed $30 million Series B financing
September 1999 Completed in-licensing of anti-CD30 monoclonal antibody from University of Miami, Florida
June 1998 Completed in-licensing of anti-CD40 monoclonal antibody from Mabtech AB
April 1998 Completed $7 million Series A financing
March 1998

Completed in-licensing agreement with Bristol-Myers Squibb covering extensive intellectual property rights in the field of antibody-targeted therapy for cancer

December 1997 First private financing completed
July 1997

Incorporated in the state of Delaware