Seagen Appoints David Epstein As New CEO

RTTNews | Pred 981 dňami
Seagen Appoints David Epstein As New CEO

(RTTNews) - Biotechnology company Seagen Inc. (SGEN) announced Thursday that its Board of Directors has appointed David Epstein as Chief Executive Officer (CEO) and a member of the Board of Directors.

Epstein brings more than 30 years of experience in the biopharmaceutical industry, including more than 25 years at Novartis where he built its oncology business unit from initiation to second largest in the world.

He then served as CEO of Novartis Pharmaceuticals, a division of Novartis AG, from 2010 to mid-2016. More recently, he was executive partner at Flagship Pioneering.

In addition, Seagen announced that Roger Dansey, M.D., who has served as Seagen's Chief Medical Officer (CMO) since 2018 and as Interim CEO since May 2022, has been appointed President, Research and Development.

In this new role, Dansey will continue to serve as CMO reporting to Epstein.

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Pfizer Closes $43 Bln All-cash Acquisition Of Seagen

Pfizer Closes $43 Bln All-cash Acquisition Of Seagen

Pfizer Inc. (PFE) announced Thursday the successful completion of its acquisition of biotechnology company Seagen Inc. (SGEN). Pfizer completed its acquisition of all outstanding common stock of Seagen for $229 in cash per share, for a total enterprise value of approximately $43 billion.
RTTNews | Pred 582 dňami
Malaysia GDP Growth Improves In Q2

Malaysia GDP Growth Improves In Q2

Malaysia's economic growth improved in the second quarter driven by strong domestic demand amid global trade distortions, advance estimates from the Department of Statistics showed on Friday. Gross domestic product expanded 4.5 percent year-on-year in the second quarter, slightly faster than the 4.4 percent growth seen in the first quarter.
RTTNews | Pred 53 minútami
Yen Falls Ahead Of Japan Election

Yen Falls Ahead Of Japan Election

The Japanese yen weakened against other major currencies in the Asian session on Friday, as traders remain uncertain about Japan's upper house election and consider the fiscal implications of this weekend's vote. Meanwhile, the country's 40-year government bond yield experienced a notable decline.
RTTNews | Pred 1 h 11 min
Yen Falls Against Majors

Yen Falls Against Majors

The Japanese yen weakened against other major currencies in the Asian session on Friday.
RTTNews | Pred 1 h 33 min
Antipodean Currencies Rise Amid Risk-on Mood

Antipodean Currencies Rise Amid Risk-on Mood

The antipodean currencies such as the Australia and the New Zealand dollars strengthened against their major counterparts in the Asian session on Friday amid increased risk-on mood, as traders reacted to upbeat economic data from the U.S. and Japan that renewed optimism about the global economy. Countries are also hustling to strike trade deals with the U.S. as the August 1 deadline for pausing of "reciprocal tariffs" is less than a fortnight away.
RTTNews | Pred 1 h 54 min