Seattle Genetics Expands SGN-40 Clinical Program into Non- 2004-12-02 09:01 (New York)
Hodgkin's Lymphoma
BOTHELL, Wash.--(BUSINESS WIRE)--Dec. 2, 2004 Seattle Genetics, Inc. (Nasdaq:SGEN) announced today that it has initiated a phase I clinical trial of SGN-40 in patients with non-Hodgkin's lymphoma. This is the company's second clinical indication for SGN-40, a humanized monoclonal antibody that targets CD40. Seattle Genetics is also conducting a phase I study of SGN-40 in multiple myeloma. "We believe SGN-40 may offer an important therapeutic option for patients with B-cell non-Hodgkin's lymphoma," stated Dr. Michael McDonald, Chief Medical Officer of Seattle Genetics. "Although patients with B-cell malignancies often respond to initial treatments, many later relapse or become resistant to continued therapy. SGN-40 offers a novel, targeted approach and significant promise for these individuals." The single-agent, open label, dose escalation study of SGN-40 in non-Hodgkin's lymphoma is designed to evaluate the tolerability, pharmacokinetic profile and antitumor activity of a multi-dose regimen of SGN-40. Seattle Genetics plans to enroll approximately 20 patients in the study at multiple cancer centers in the United States. Seattle Genetics will report preliminary data from its ongoing study of SGN-40 in multiple myeloma at the American Society of Hematology (ASH) annual meeting in December 2004. The company previously reported data at the 2003 ASH annual meeting demonstrating that SGN-40 has direct antitumor activity at well-tolerated doses in preclinical models of hematological malignancies. Seattle Genetics is also considering potential applications of SGN-40 in other indications such as chronic lymphocytic leukemia, certain solid tumors and immunologic disease.
About Non-Hodgkin's Lymphoma
Non-Hodgkin's lymphoma (NHL) represents a diverse group of cancers that develop in the lymphatic system. When lymphocytes, or white blood cells, which are responsible for defending the body against infection, divide and multiply uncontrollably, malignant tumors can form. NHL is the sixth most common cancer in the United States. The American Cancer Society estimates that more than 54,000 people will be diagnosed with non-Hodgkin's lymphoma in the United States in 2004 and approximately 19,000 will die from the disease.
About Seattle Genetics
Seattle Genetics discovers and develops monoclonal antibody-based therapeutics to treat cancer and other human diseases. The company has built a diverse portfolio of product candidates targeted to many types of cancer, including three being tested in multiple ongoing clinical trials, SGN-30, SGN-15 and SGN-40, and three in preclinical development, SGN-35, SGN-75 and SGN-17/19. The product candidates encompass three platform technologies: genetically engineered monoclonal antibodies, antibody-drug conjugates (ADCs) and antibody-directed enzyme prodrug therapy (ADEPT). Seattle Genetics has developed leading ADC technology comprised of highly potent synthetic drugs and stable linkers for attaching the drugs to monoclonal antibodies. The company currently has license agreements for its ADC technology with Genentech, Celltech Group, Protein Design Labs, CuraGen and Bayer Pharmaceuticals and for its ADEPT technology with Genencor International. More information about Seattle Genetics can be found at www.seattlegenetics.com. |