Seagen (SGEN) and Astellas Pharma (ALPMY) announced the FDA has granted Padcev with Keytruda accelerated approval in the U.S. as a combination therapy for the treatment of adult patients with locally advanced or metastatic urothelial cancer who are not eligible to receive cisplatin-containing chemotherapy. This indication is approved under accelerated approval based on tumor response rate and durability of response. Continued approval for this indication is contingent upon verification and description of clinical benefit in the EV-302 confirmatory trial.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on SGEN:
- Seagen downgraded to Hold from Buy at Berenberg
- Seagen price target raised to $229 from $145 at TD Cowen
- Seagen price target raised to $229 from $152 at Truist
- Seagen downgraded to Equal Weight from Overweight at Morgan Stanley
- JPMorgan biotech/pharma analysts to hold analyst/industry conference call
