Dendreon Moves Across Town, SeaGen Files FDA App, Alder Takes Road Less Traveled, & More Seattle Life Sciences News
Summary
—Seattle-based Dendreon (NASDAQ: DNDN) confirmed this week that it has signed leases on a new headquarters at the Russell Investments Center downtown, and a new home for its R&D at the Earl Davie Building, formerly occupied by ZymoGenetics.—Seattle Genetics (NASDAQ: SGEN), the other emerging public company on the local biotech scene, said this week it had reached an important milestone by filing its new drug application with the FDA.This is a big deal for Seattle Genetics, because if the FDA clears brentuximab vedotin (SGN-35) for sale as a new treatment for Hodgkin’s disease and anaplastic large cell lymphoma—which most analysts expect it will—then the company will have its first product that it can actually sell on the U.S. market.Alder talked publicly for the first time, in an exclusive interview with Xconomy, about how it has created two new antibody drugs to treat migraine headaches and high cholesterol—diseases that have always been the realm of small-molecule treatments.—Physio-Control, the Redmond, WA-based unit of Medtronic that makes heart defibrillators, said this week it bought a Swedish company called Jolife, which is developing a mechanical device for cardiopulmonary resuscitation.