Dr. Clay Siegal founded Seattle Genetics, which is a biotech firm committed to the development cancer-related therapies in 1998. He serves on the company’s board as the Chairman, Chief Executive Officer, and President. Dr. Siegal is a scientist by profession and specializes in targeted cancer therapies. Dr. Clay Siegal built his biotech firm on a foundation of drug development, scientific innovation, and rigorous research. His primary mission is to help patients afflicted by ultra-rare disorders. Over time, Clay Siegal has led Seattle Genetics to its current position in cancer treatment space. He initiated the development of the firm’s first antibody-drug conjugate and the approval of ADCETRIS in 2011.
Under his leadership, ADCETRIS has grown to become a global brand with approval in over 65 nations around the globe. Seattle Genetics is also working on the development of a broad array of proprietary ADCs for cancer treatment. During the tenure of Dr. Clay Siegal, Seattle Genetics has arrived at several strategic partnerships for its innovation in the world of cancer treatment. Its collaboration with AbbVie, Genentech, and Pfizer has helped raise over $350 million. Over 20 ADCs in clinical development are currently using the innovative technology of Seattle Genetics. Dr. Clay Siegal has also assisted Seattle Genetics in capital raising, generating over $1.2 billion in private and public financing. In 2011, the firm used its initial public offering to raise working capital.
Dr. Clay Siegal would work for the Bristol-Myers Squibb Pharmaceuticals between 1991 and 1997 before founding Seattle Genetics. He also worked at the National Institute of Health as well as the National Cancer Institute between 1988 and 1991. Despite his busy schedule at Seattle Genetics, Dr. Clay Siegal is a board member of Washington Roundtable and Ultragenyx Pharmaceuticals. He has earned numerous awards for his excellence in cancer space. Some of his awards include the 2012 Pacific Northwest Ernst & Young Entrepreneur Award and the Alumnus of the Year Award from the Maryland University. Over time, Dr. Siegal has authored close to 70 peer-reviewed cancer-related publications. He went to the University of Maryland where his relentless efforts earned him a BS in Zoology.