Wednesday, December 28, 2016

Seattle Genetics Inc. (SGEN) Dropped To A 2-Month Low After FDA Clinical Hold

Seattle Genetics Inc. (SGEN) announced Tuesday morning that the FDA has put a clinical hold or partial clinical holds on several early stage trials of vadastuximab talirine in the treatment of acute myeloid leukemia. The FDA took action after six patients were identified with hepatotoxicity, including several cases of veno-occlusive disease, with four fatal events.

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