Daniel Welch - Seagen Independent Director

SGENDelisted Stock  USD 228.74  0.19  0.08%   

Director

Mr. Daniel G. Welch is Independent Director of Seattle Genetics, Inc., since June 2007. From January 2015 to February 2018, Mr. Welch served as an Executive Partner of Sofinnova Ventures, a VC firm. Mr. Welch served as Chief Executive Officer and President of InterMune, Inc., a formerly publiclytraded biotechnology company, from September 2003 until InterMunes acquisition by Roche Holdings in September 2014, and, from May 2007 to October 2014, he served in the additional role of Chairman of the Board of InterMune. Before joining InterMune, he was Chairman and Chief Executive Officer of Triangle Pharmaceuticals from 2002 to 2003, which was acquired by Gilead in 2003. Prior to that, he was President of Biopharmaceuticals at Elan Corporation from 2000 to 2002. During his tenure at Elan he was responsible for its U.S. commercial operations, international subsidiaries, RD and diagnostics businesses. From 1987 to 2000, Mr. Welch served in various senior management roles at SanofiSynthelabo, now SanofiAventis, including Vice President of Worldwide Marketing and Chief Operating Officer of the U.S. business since 2007.
Age 60
Tenure 17 years
Professional MarksMBA
Phone425 527 4000
Webhttps://www.seagen.com
Welch holds a B.S. from the University of Miami and an M.B.A. from the University of North Carolina. In addition to Seattle Genetics, Mr. Welch serves as a director of Intercept Pharmaceuticals, Inc. and Chairman of the Board at Ultragenyx Pharmaceuticals, Inc., both publiclytraded biotechnology companies. Since August 2018, Mr. Welch has served as Executive Chairman of Levo Therapeutics, a private biotechnology firm. Previously, he served as a Director of Hyperion Therapeutics until its acquisition by Horizon Pharma in 2015 and Chairman of the Board of Avexis, Inc. until its acquisition by Novartis Pharmaceuticals in 2018.

Daniel Welch Latest Insider Activity

Tracking and analyzing the buying and selling activities of Daniel Welch against Seagen stock is an integral part of due diligence when investing in Seagen. Daniel Welch insider activity provides valuable insight into whether Seagen is net buyers or sellers over its current business cycle. Note, Seagen insiders must abide by specific rules, including filing SEC forms every time they buy or sell Seagen'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

Seagen Management Efficiency

The company has return on total asset (ROA) of (0.1294) % which means that it has lost $0.1294 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of (0.2793) %, meaning that it created substantial loss on money invested by shareholders. Seagen's management efficiency ratios could be used to measure how well Seagen manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 43.47 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest the company is not taking enough advantage from borrowing. Seagen Inc has a current ratio of 4.48, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Seagen until it has trouble settling it off, either with new capital or with free cash flow. So, Seagen's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Seagen Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Seagen to invest in growth at high rates of return. When we think about Seagen's use of debt, we should always consider it together with cash and equity.

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Seagen Inc., a biotechnology company, develops and commercializes therapies for the treatment of cancer in the United States and internationally. Seagen Inc. was incorporated in 1997 and is headquartered in Bothell, Washington. Seagen operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. It employs 2675 people. Seagen Inc (SGEN) is traded on NASDAQ Exchange in USA and employs 3,256 people.

Management Performance

Seagen Inc Leadership Team

Elected by the shareholders, the Seagen's board of directors comprises two types of representatives: Seagen inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Seagen. The board's role is to monitor Seagen's management team and ensure that shareholders' interests are well served. Seagen's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Seagen's outside directors are responsible for providing unbiased perspectives on the board's policies.
Roger Dansey, Chief Medical Officer
Vaughn Himes, Executive VP of Process Sciences and Technical Operations
Daniel Welch, Independent Director
Felix Baker, Lead Independent Director
Nancy Simonian, Independent Director
Peggy Pinkston, IR Contact Officer
Charles Romp, Ex US
MS JD, Chief Officer
Darren Cline, Executive Vice President - Commercial
Eric Dobmeier, COO, Corporate Secretary
Todd Simpson, CFO and Principal Accounting Officer
Pinkston Peggy, Senior Director - Corporate Communications
David Gryska, Independent Director
David Caouette, VP Communications
Srinivas Akkaraju, Independent Director
Alpna Seth, Director
Matt Skelton, VP Marketing
Marc Lippman, Independent Director
Jonathan Drachman, Chief Medical Officer and Executive Vice President Research and Development
Jean Liu, Executive Vice President - Legal Affairs, General Counsel, Corporate Secretary
Robert Lechleider, Senior Vice President - Clinical Development
Christopher Pawlowicz, Ex HR
Clay Siegall, Co-Founder, Chairman, CEO and Pres
Robin Taylor, Chief Commercial Officer
Dennis Benjamin, Senior Vice President - Translational Research
Roger MD, Pres RD
John Orwin, Director
John McLaughlin, Independent Director

Seagen Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Seagen a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Currently Active Assets on Macroaxis

Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income.
Note that the Seagen Inc information on this page should be used as a complementary analysis to other Seagen's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Positions Ratings module to determine portfolio positions ratings based on digital equity recommendations. Macroaxis instant position ratings are based on combination of fundamental analysis and risk-adjusted market performance.

Other Consideration for investing in Seagen Stock

If you are still planning to invest in Seagen Inc check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the Seagen's history and understand the potential risks before investing.
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