Clay Siegall on Creating a Legacy in Biotechnology

Clay Siegall is a co-founder and the president of one of the fast rising clinical trials companies, Seattle Genetics. He has been working with the company since 1998 and has seen it rise from a small enterprise to the force that it is slowly becoming in the field. He has a PhD in genetics from the Washington State University. Clay Siegall states that he was inspired to start a Biotechnology company after watching his father go through a very tough battle with cancer, and realizing that chemotherapy was more harmful to the patient’s body than even the cancer itself.

Clay Siegall started the company hoping to create alternative therapies to deal with cancer. The first of these drugs that he has been developing for the past 20 years, ADCETRIS got approval from the FDA in 2015. This was an instrumental step in the journey of the company. However, there are tens of other patents which are linked to his name. He has championed the development of his company through public and private fundraising efforts and partnerships. In 2001 for instance, he agreed to have the company listed on NASDAQ and the shares have been trading with the name SGEN for the past 16 years.

Clay Siegall is an expert when it comes to networking for the success of his business. As mentioned, he had fostered partnerships which have greatly improved the future of the company. For instance, he has fostered ADC partnerships with GlaxoSmithKline and Pfizer among other big pharmaceutical companies. These partnerships have in turn helped the company achieve a lot in the process of raising money to develop and funding their marketing campaigns.

The next frontier for Seattle Genetics is getting 11 other drugs that they have been working on approval from the FDA. To make this happen, the company has been hiring more technicians and expanding the capacity of their labs. They hope that within a year, they will have these drugs in hospitals. All these are achievements that have been made as a result of among other things, the leadership of Clay Siegall. As he states, with resilience, everything is possible.