Clay Siegall graduated from the University of Maryland with a Bachelor of Science in Zoology and later attained his Ph.D. in Genetics from George Washington University. He started working at the National Cancer Institute, National Institutes of Health in 1988 before leaving to join Bristol-Myers Squibb Pharmaceutical Research Institute in 1991. He did not stay for long as in 1997 he left the research firm and started his own Seattle Genetics in 1998. His story has been of success and intense research holding 15 patents and over 70 publications.
He serves as the Chairman of the board of directors, CEO, and president of Seattle Genetics. Under his guidance, the firm has been able to develop different kinds of antibody-based cancer therapies. The famous one is the FDA approved ADCETRIS (brentuximab vedotin). Additionally, he has led the company in raising capital through a successful IPO in 2001 and other private and public funding initiatives.
Being a trained scientist, Clay Siegall employed demanding research, drug development strategies, and scientific advancement to found Seattle Genetics due to his compassion for helping patients. The company develops antibody-drug conjugates (ADCs) such as ADCETRIS (brentuximab vedotin) which was in collaboration with Takeda Pharmaceuticals. ADCETRICS have developed into a worldwide brand with approval in more than 65 countries. The company is accelerating its development of diverse proprietary ADCs products mostly for cancer treatment. There are over 20 ADCs that are undergoing clinical trial and development between Seattle Genetics, internal and collaborator programs.
The quest for ADCs technology has been tremendous, leading Clay Siegall and Seattle Genetics to enter in numerous strategic partnerships with leading global pharmaceutical giants such as Pfizer, Genentech (Roche), GlaxoSmithKline and AbbVie, among others. Clay Siegall is a board of director’s member of Alder Biopharmaceuticals, Ultragenyx Pharmaceuticals, and Washington Roundtable.
After seeing some of his employee’s patents get high rewarding returns at Bristol-Myers, he decided to dedicate his life to research. This was also influenced by the painful and limited treatment methods and tools for oncologists in treating cancer such as chemotherapy and radiation. He has sought to come up with a better treatment method like targeted drugs, and his relentless efforts shave started paying off, both in his purpose to help cancer patients and financially.
It was started as an alternative private equity firm. Southridge Capital was started in Connecticut in 1996 to provide asset management and financial services to individuals and groups that could not access the same services from the existing institutions. The company has grown, and now has assets worth billions. The company provides advisory services to public entities and private individuals. Southridge Capital has a diverse range of clients to take care of.
The Southridge Leadership
The advisory services company has a team of highly experienced leaders who make decisions that focus on customer needs and company growth. Southridge Capital is proud to have invested over $1.8 billion in companies with a promise of growth. Southridge sticks to its original dream of providing services that uplift the financial wellbeing of people that could otherwise be categorized as unbanked and, thus, not worthy of formal assistance from the traditional financial institutions. The company is proud to have helped over 250 growth companies to find their profit paths. The organization is founded on the principle of an in-depth understanding of the challenges that startups go through. Therefore, it has set up a special department that focuses on empowering the owners and managers of the growth companies to overcome the usual challenges that they face in business. Southridge Capital provides services such as helping businesses transition to public companies by advising on documentation and other nuances required by the law. You can visit linkedin.com for more details.
Southridge Capital Spreads Out
Southridge offers that stretch across the financial needs bases under the advisory services cover. Some of the services apart from investment advice include financial analysis. Clients of the company can access detailed financial statements that are made with due consideration to the organizations’ business objectives and assumptions. Southridge also helps its clients to write balance sheets that are optimized, with the intention of encouraging the business to strike a balance between its equity availability and debt levels. The company also helps businesses to access merger information through its consultancy services. They also help to identify suitable merger candidates for organizations that need to merge to enhance their financial and organizational capacity. Southridge has since lived up to its original goals and provides a wide range of services beyond its original catchment areas. It is becoming a global investment and asset management firm. For more info you can visit their website southridge.com
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In the Seventies and Eighties Banking World in Brazil, one man in Rio de Janeiro was president of one bank and a member of many others. His name is Igor Cornelsen and he was once the CEO of Multibanco, as well as was once a member of their board of directors. The main reason for this high status in society in the banking world is because he graduated from the Federal University of Parana with a degree in finance and a background in engineering. Back in the 1970’s and ‘80s, there were not a lot of people who are as privvy to the technology surrounding financial algorithms and software as there are today. Today, there are very complex computers and calculators which can create financial algorithms; but Igor was one of the closest things to that back then. So he combined his knowledge with the Leverage that it gave him to ascend the ranks and climb the ladders of investment banking corporate world in Brazil. See more of Igor Cornelsen at angel.co
Many of Igor’s contemporaries did not always agree with him and they formulated their own opinions about the markets directions. What Igor Cornelsen states as being one of the most important aspects of his career is indeed his in partiality and his dedication to stick to the facts, rather than listening to individual investors’ opinions of future market directions. This understanding, which Igor Cornelsen stresses many times, was perhaps best exemplified when one time Russia defaulted on its debt and all of his friends thought that Russia would never pay it back. Rather than blindly following them, he did his due diligence and read articles on Reuters which helped him formulate opinions on the future direction of the Russian markets. It is because of his diligence that Igor Cornelsen was rewarded when Russia did in fact pay back its debt.