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Seattle Genetics Announces Additional Analyses of ECHELON-1 and ECHELON-2 Phase 3 Clinical Trials of ADCETRIS® (Brentuximab Vedotin) at the 2019 ASCO Annual Meeting

Three-Year Update of ECHELON-1 Trial Continues to Demonstrate
Superior Clinical Activity of ADCETRIS in Combination with Chemotherapy
when Compared to ABVD in Frontline Hodgkin Lymphoma

Analyses Describe ADCETRIS Activity in T-Cell and B-Cell Non-Hodgkin
Lymphomas Across All Levels of CD30 Expression

BOTHELL, Wash.–(BUSINESS WIRE)–Seattle
Genetics, Inc.
(Nasdaq:SGEN) today announced additional analyses of
results from ECHELON-1 and ECHELON-2, the frontline phase 3 trials of
ADCETRIS® (brentuximab vedotin), at the 2019 American Society
of Clinical Oncology (ASCO) Annual Meeting taking place May 31 to June
4, 2019 in Chicago. The ECHELON-1 analysis highlights a three-year
update of this phase 3 clinical trial evaluating ADCETRIS in combination
with AVD (Adriamycin, vinblastine and dacarbazine) compared to ABVD
(Adriamycin, bleomycin, vinblastine and dacarbazine) in stage III or IV
frontline classical Hodgkin lymphoma (HL) patients, including analyses
by cycle 2 PET (PET2) status and in patients less than 60 years old. In
addition, two poster presentations evaluate CD30 expression and response
to ADCETRIS treatment in the ECHELON-2 phase 3 clinical trial in
peripheral T-cell lymphomas (PTCL) and an analysis of five additional
trials in T-cell and B-cell non-Hodgkin lymphomas (NHL). ADCETRIS is an
antibody-drug conjugate (ADC) directed to CD30, a defining marker of
classical HL and expressed on the surface of several types of PTCL.

“We continue to evaluate ADCETRIS as the foundation of care for patients
with CD30-expressing lymphomas,” said Roger Dansey, M.D., Chief Medical
Officer at Seattle Genetics. “Importantly, the ECHELON-1 three-year
analysis presented at this meeting demonstrate a robust and durable
treatment benefit of ADCETRIS plus AVD versus ABVD across most subgroups
and regardless of PET status. In addition, other ADCETRIS presentations
at the ASCO Meeting include new analyses evaluating response by CD30
expression across several non-Hodgkin lymphoma studies.”

“Tumor expression of CD30 by IHC in B-cell and T-cell non-Hodgkin
lymphomas can be quite variable between different patients with the same
diagnosis and even between different biopsies within the same patient,”
said Steven Horwitz, M.D., Department of Medicine, Lymphoma Service,
Memorial Sloan Kettering Cancer Center, New York, and an ADCETRIS
clinical trial investigator. “In two poster presentations at this year’s
ASCO Annual Meeting, results of the analyses suggest that a lower limit
or threshold of CD30 expression required for efficacy has not been
identified and individual patients may experience clinical benefit from
brentuximab vedotin regardless of the level of CD30 expression.”

Brentuximab Vedotin with Chemotherapy for Stage 3/4 Classical Hodgkin
Lymphoma: 3-year Update of the ECHELON-1 Study (Abstract #7532, poster
presentation on Monday, June 3, 2019)

This poster presentation examines progression-free survival (PFS)
outcomes per investigator assessment in the intent-to-treat population
of 1,334 patients at three-years by PET status and in patients less than
60 years old. As previously reported, the ECHELON-1 trial achieved its
primary endpoint with the combination of ADCETRIS plus AVD resulting in
a statistically significant improvement in modified PFS versus the
control arm of ABVD as assessed by independent review facility (IRF;
hazard ratio [HR] 0.77; p-value=0.035). Modified PFS was defined as time
to progression, death, or evidence of non-complete response after
completion of frontline therapy per IRF followed by subsequent
anticancer therapy. Key findings from these analyses include:

Response to A+CHP by CD30 Expression in the ECHELON-2 Trial (Abstract
#7538, poster presentation on Monday, June 3, 2019)

As previously reported, the ECHELON-2 trial met its primary endpoint
with the combination of ADCETRIS plus CHP resulting in a statistically
significant improvement in PFS versus the control arm of CHOP
(cyclophosphamide, doxorubicin, vincristine, prednisone) per Blinded
Independent Central Review (HR=0.71; p-value=0.0110). In addition,
overall survival in the ADCETRIS plus CHP arm was statistically
significant compared to CHOP (HR=0.66; p-value=0.0244). Complete
remission (CR) rate (p-value=0.0066) and objective response rate (ORR;
p-value=0.0032) for the ADCETRIS plus CHP arm were also significantly
increased. CD30 expression is a hallmark of systemic anaplastic large
cell lymphoma (sALCL), but it is variably expressed among non-sALCL PTCL
subtypes. As a lack of correlation between CD30 expression and response
to ADCETRIS has been previously reported, an analysis was conducted to
examine response to ADCETRIS plus CHP by CD30 expression in 57 patients
with angioimmunoblastic T-cell lymphoma (AITL) and PTCL-not otherwise
specified (PTCL-NOS) in the ECHELON-2 study, the two histologies with
variable expression. Key findings of this exploratory analysis include:

Response to Brentuximab Vedotin by CD30 Expression: Results from Five
Trials in PTCL, CTCL, and B-cell Lymphomas (Abstract #7543, poster
presentation on Monday, June 3, 2019)

Exploratory analyses were conducted to examine the correlation between
pretreatment CD30 expression level and ORR for patients with CD30
expression greater than or equal to 10 percent, less than 10 percent, or
undetectable (0 percent) by immunohistochemistry (IHC). This analysis
examined CD30 expression levels of 275 patients across five clinical
studies in relapsed or refractory PTCL, cutaneous T-cell lymphoma
(CTCL), and B-cell NHL. All patients in this analysis were treated with
ADCETRIS monotherapy. The key findings include:

The U.S. Food and Drug Administration (FDA) approved ADCETRIS in
combination with AVD for the treatment of adult patients with previously
untreated stage III or IV classical HL in March
2018
, based on the results of the ECHELON-1 phase 3 clinical trial.
The FDA approved ADCETRIS in combination with CHP (cyclophosphamide,
doxorubicin, and prednisone) for the treatment of adult patients with
previously untreated sALCL or other CD30-expressing PTCL, including AITL
and PTCL-NOS based on the results of the ECHELON-2 phase 3 trial, in November
2018
.

About ADCETRIS

ADCETRIS is being evaluated broadly in more than 70 clinical trials in
CD30-expressing lymphomas. These include three completed phase 3 trials:
ECHELON-2 trial in frontline peripheral T-cell lymphomas, ECHELON-1 in
previously untreated Hodgkin lymphoma, and ALCANZA in cutaneous T-cell
lymphoma. The CHECKMATE 812 trial of ADCETRIS in combination with Opdivo
(nivolumab) for relapsed/refractory Hodgkin lymphoma is ongoing.

ADCETRIS is an ADC comprising an anti-CD30 monoclonal antibody attached
by a protease-cleavable linker to a microtubule disrupting agent,
monomethyl auristatin E (MMAE), utilizing Seattle Genetics’ proprietary
technology. The ADC employs a linker system that is designed to be
stable in the bloodstream but to release MMAE upon internalization into
CD30-expressing tumor cells.

ADCETRIS injection for intravenous infusion has received FDA approval
for six indications in adult patients with: (1) previously untreated
systemic anaplastic large cell lymphoma (sALCL) or other CD30-expressing
peripheral T-cell lymphomas (PTCL), including angioimmunoblastic T-cell
lymphoma and PTCL not otherwise specified, in combination with
cyclophosphamide, doxorubicin, and prednisone, (2) previously untreated
Stage III or IV classical Hodgkin lymphoma (cHL), in combination with
doxorubicin, vinblastine, and dacarbazine, (3) cHL at high risk of
relapse or progression as post-autologous hematopoietic stem cell
transplantation (auto-HSCT) consolidation, (4) cHL after failure of
auto-HSCT or failure of at least two prior multi-agent chemotherapy
regimens in patients who are not auto-HSCT candidates, (5) sALCL after
failure of at least one prior multi-agent chemotherapy regimen, and (6)
primary cutaneous anaplastic large cell lymphoma (pcALCL) or
CD30-expressing mycosis fungoides (MF) who have received prior systemic
therapy.

Health Canada granted ADCETRIS approval with conditions for relapsed or
refractory Hodgkin lymphoma and sALCL in 2013, and non-conditional
approval for post-autologous stem cell transplantation (ASCT)
consolidation treatment of Hodgkin lymphoma patients at increased risk
of relapse or progression in 2017, adults with pcALCL or CD30-expressing
MF who have had prior systemic therapy in 2018, and for previously
untreated Stage IV Hodgkin lymphoma in combination with doxorubicin,
vinblastine, and dacarbazine in 2019.

ADCETRIS received conditional marketing authorization from the European
Commission in October 2012. The approved indications in Europe are: (1)
for the treatment of adult patients with relapsed or refractory
CD30-positive Hodgkin lymphoma following ASCT, or following at least two
prior therapies when ASCT or multi-agent chemotherapy is not a treatment
option, (2) for the treatment of adult patients with relapsed or
refractory sALCL, (3) for the treatment of adult patients with
CD30-positive Hodgkin lymphoma at increased risk of relapse or
progression following ASCT, (4) for the treatment of adult patients with
CD30-positive cutaneous T-cell lymphoma (CTCL) after at least one prior
systemic therapy and (5) for the treatment of adult patients with
previously untreated CD30-positive Stage IV Hodgkin lymphoma in
combination with AVD (Adriamycin®, vinblastine and
dacarbazine).

ADCETRIS has received marketing authorization by regulatory authorities
in 72 countries for relapsed or refractory Hodgkin lymphoma and sALCL.
See select important safety information, including Boxed Warning, below.

Seattle Genetics and Takeda are jointly developing ADCETRIS. Under the
terms of the collaboration agreement, Seattle Genetics has U.S. and
Canadian commercialization rights and Takeda has rights to commercialize
ADCETRIS in the rest of the world. Seattle Genetics and Takeda are
funding joint development costs for ADCETRIS on a 50:50 basis, except in
Japan where Takeda is solely responsible for development costs.

About Seattle Genetics

Seattle Genetics, Inc. is an emerging multi-product, global
biotechnology company that develops and commercializes transformative
therapies targeting cancer to make a meaningful difference in people’s
lives. ADCETRIS® (brentuximab vedotin) utilizes the company’s
industry-leading antibody-drug conjugate (ADC) technology and is
currently approved for the treatment of multiple CD30-expressing
lymphomas. Beyond ADCETRIS, the company has established a pipeline of
novel targeted therapies at various stages of clinical testing,
including three in ongoing pivotal trials for solid tumors. Enfortumab
vedotin for metastatic urothelial cancer and tisotumab vedotin for
metastatic cervical cancer utilize our proprietary ADC technology.
Tucatinib, a small molecule tyrosine kinase inhibitor, is in a pivotal
trial for HER2-positive metastatic breast cancer. In addition, we are
leveraging our expertise in empowered antibodies to build a portfolio of
proprietary immuno-oncology agents in clinical trials targeting
hematologic malignancies and solid tumors. The company is headquartered
in Bothell, Washington, and has a European office in Switzerland. For
more information on our robust pipeline, visit www.seattlegenetics.com
and follow @SeattleGenetics on Twitter.

ADCETRIS (brentuximab vedotin) U.S. Important Safety Information

BOXED WARNING: PROGRESSIVE MULTIFOCAL LEUKOENCEPHALOPATHY (PML): JC
virus infection resulting in PML and death can occur in ADCETRIS-treated
patients.

Contraindication

ADCETRIS concomitant with bleomycin due to pulmonary toxicity (e.g.,
interstitial infiltration and/or inflammation).

Warnings and Precautions

Most Common (≥20% in any study) Adverse Reactions: Peripheral
neuropathy, fatigue, nausea, diarrhea, neutropenia, upper respiratory
tract infection, pyrexia, constipation, vomiting, alopecia, decreased
weight, abdominal pain, anemia, stomatitis, lymphopenia and mucositis

Drug Interactions

Concomitant use of strong CYP3A4 inhibitors or inducers has the
potential to affect the exposure to monomethyl auristatin E (MMAE).

Use in Specific Populations

Moderate or severe hepatic impairment or severe renal impairment: MMAE
exposure and adverse reactions are increased. Avoid use.

Advise males with female sexual partners of reproductive potential to
use effective contraception during ADCETRIS treatment and for at least 6
months after the final dose of ADCETRIS.

Advise patients to report pregnancy immediately and avoid breastfeeding
while receiving ADCETRIS.

For additional Important Safety Information, including BOXED WARNING,
please see the full Prescribing Information for ADCETRIS at
www.seattlegenetics.com
or
http://www.adcetris.com.

Forward-Looking Statements

Certain of the statements made in this press release are forward
looking, such as those, among others, relating to the possible uses and
benefits of ADCETRIS as the foundation of care for CD30-expressing
lymphomas and in certain clinical settings. Actual results or
developments may differ materially from those projected or implied in
these forward-looking statements. Factors that may cause such a
difference include the potential lack of efficacy or risk of adverse
events associated with the use of ADCETRIS in certain clinical settings.
More information about the risks and uncertainties faced by Seattle
Genetics is contained under the caption “Risk Factors” included in the
company’s Quarterly Report on Form 10-Q for the quarter ended March 31,
2019 filed with the Securities and Exchange Commission. Seattle Genetics
disclaims any intention or obligation to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.

Contacts

Media:
Monique Greer
(425) 527-4641
mgreer@seagen.com

Investors:
Peggy Pinkston
(425) 527-4160
ppinkston@seagen.com

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