Seagen: The New Oncology Hope

Apr. 12, 2021 4:09 AM ETSeagen Inc. (SGEN) StockSGEN5 Comments
Denis Buivolov, CFA
1.55K Followers

Summary

  • In recent years, Seagen has undergone a transformation from a one-product company to a diversified player in the oncology drug market.
  • The current conservative stock price based on the DCF model is $ 159.
  • The valuation of the company's business as a target for the takeover is $ 246 per share.

Healthcare and medicine
Photo by dj_aof/iStock via Getty Images

Background

The risk of stricter price regulation in the pharmaceutical industry has led to pressure on the biotechnology stock prices. The pressure is also coming from the early signs of a tightening of the FDA's

This article was written by

1.55K Followers
I am the head of research for the pre-IPO and venture division of the investment bank. Prior to that, I have been working as a global equity research analyst in an investment bank for the past 5 years. My specialization are Biotechnology, Internet and Media. I Received my CFA Charter in 2017. Also, I am FRM Charter. Besides, I am the author of the Russian-language Telegram-channel (the link in the section Website URL).

Analyst’s Disclosure:I am/we are long BMRN, SGEN, VRTX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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