Seattle Genetics

Acquired

Pfizer: One of the world's premier biopharmaceutical companies

Bothell, United States · Founded 1998 · $1.0B raised

Biotechnology
cancer_treatment
Employees
1001–5000
Founded
1998
Business Model
B2B
Website
seagen.com
Total Funding
$1.0B
Last Round
$1.0B Corporate RoundSep 2020
Rounds
4
Acquired by
PfizerDec 2023 · $43.0B

About

Seattle Genetics (later rebranded as Seagen) was a Bothell, Washington-based biotechnology company specializing in developing antibody-drug conjugates (ADCs) for cancer treatment. Founded in 1998, the company pioneered ADC technology, which links cancer-targeting antibodies to potent chemotherapy drugs, enabling precision delivery to tumor cells. Seagen was acquired by Pfizer in December 2023 for approximately $43 billion.

Summary

Seattle Genetics is a Biotechnology company based in Bothell, United States, founded in 1998. It has raised $1.0B in total across 4 rounds, most recently a $1.0B Corporate Round round in Sep 2020. Investors include Pfizer Ventures, Merck Life Sciences and J.P. Morgan.

Tech & App Stack

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Funding History

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AcquisitionPfizer AcquisitionDec 2023

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