Seagen Inc
F:SGT
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Gross Margin
Seagen Inc
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | US |
| Market Cap | 39.3B EUR |
| Gross Margin |
75%
|
| Country | FR |
| Market Cap | 6T USD |
| Gross Margin |
0%
|
| Country | US |
| Market Cap | 314.7B USD |
| Gross Margin |
67%
|
| Country | US |
| Market Cap | 157B USD |
| Gross Margin |
60%
|
| Country | US |
| Market Cap | 115.9B USD |
| Gross Margin |
86%
|
| Country | US |
| Market Cap | 112.2B USD |
| Gross Margin |
78%
|
| Country | US |
| Market Cap | 94.1B EUR |
| Gross Margin |
76%
|
| Country | AU |
| Market Cap | 133.6B AUD |
| Gross Margin |
52%
|
| Country | US |
| Market Cap | 82.6B USD |
| Gross Margin |
87%
|
| Country | NL |
| Market Cap | 34.5B EUR |
| Gross Margin |
89%
|
| Country | US |
| Market Cap | 31.5B USD |
| Gross Margin |
85%
|
Seagen Inc
Glance View
Seagen Inc. is a leading biotechnology company focused on developing innovative therapies for cancer treatment using its pioneering antibody-drug conjugate (ADC) technology. Founded in 1998, Seagen's mission is rooted in the belief that targeted therapies can improve the lives of cancer patients. The company has gained attention in the oncology space with its flagship products, such as Adcetris (brentuximab vedotin) and Padcev (enfortumab vedotin), which target specific cancer cells while minimizing damage to healthy tissue. This approach not only enhances efficacy but also helps in reducing side effects commonly associated with traditional chemotherapy. With a strong pipeline of investigational therapies that leverage their ADC platform, Seagen is positioned to be a transformative player in the oncology market. For investors, Seagen represents a compelling opportunity within the biotech sector, especially as demand for effective cancer treatments continues to grow. The company is actively expanding its product portfolio through strategic partnerships and collaborations, bolstering its capabilities in research and development. Financially, Seagen has demonstrated solid sales growth driven by its approved products, and it is continually working towards regulatory approvals for its pipeline candidates. As the landscape of cancer treatment evolves and personalized medicine becomes increasingly important, Seagen's innovative approach and commitment to delivering better patient outcomes make it a company to watch for those interested in the future of oncology and of the broader biotechnology market.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Seagen Inc's most recent financial statements, the company has Gross Margin of 75.4%.
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