Raising money in today’s business climate is important. Any business venture needs to have enough funds on hand in order to accomplish basic things like hire employees and fund company research. Thus, much to the delight of officials at Seattle Genetics, their latest round of fundraising exceeded expectations, with record growth. The apparent interest by investors in the company has helped make President and Chief Operating Officer Clay Siegall very happy as he foresees the company’s increasing ability to expand into new markets and develop their existing product line even further. He and his fellow company officials remain pleased at the fact that the latest funding round went off even better than they might have hoped.
An Innovative Leader
Siegall has been heavily involved in the bio-tech world for many years. He has been the president of Seattle Genetics for nearly two decades. Under his leadership, the company has been involved in the creation of many important products, allowing patients to benefit from the new and improved technological insights that he and his team of leaders are able to bring out. His work here has been closely focused on the creation of products that show great promise in the lab. It has been his life’s work to help show just how such new technologies can prove beneficial for all those who need access to them.
A Thorough Grounding
It is necessary to have a complete grounding in the field of biology in order to understand it well. Dr. Siegall knows this very well. He has an undergraduate degree in zoology from the University of Maryland. He also holds a doctorate in genetics from George Washington University. Such degrees have helped him understand exactly how genetics can provide a key to other sciences and offer the chance for immense growth at the same time. His work has also included several stints with various companies that are involved in genetics and biology research over the years. As he looks to the future, he is confident it will be one that means his company has a major part to play in advancing genetics research.
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