Clay Siegall was once asked in an interview about how he got the idea to start his own business. He has always been amazed by what medicine can do. He saw many people get well after suffering from deadly diseases. He first came to know about cancer treatment while he was a student at the University of Maryland. His father suffered from cancer, and the treatment regime that followed took a toll on him. It was not cancer that almost took his life, but it was the treatment. He then researched on other cancer treatments, and most of them involved amputation or radical therapy. It was then he thought that he could find a better way to treat cancer. He then went on to get his Ph.D. in genetics. He worked with some different institutions but find it difficult to get results because of the constraints. The final straw came when one of his discovery earned $80 million in a year, and he didn’t get a penny because it was patent to the institution’s name.
Clay Siegall then set up Seattle Genetics and is making millions selling their proprietary drugs and working on a cure for cancer. The company saw difficult times during its initial years when the capital was low. But today, things have changed for the better. The company has managed to stay afloat and is known for its exemplary work. They also work on a collaboration with other drug companies for its research. It is their unique products and their knowledgeable executives that have helped the company in getting business.
Clay Siegall set up Seattle Genetics in 1997 and is currently the CEO and the Chairman of the company. Under his leadership, the company has secured the number one spot in developing antibody drug Conjugate. In 2011, it also received its FDA approval for its product, Adcetris. Today, this product is being sold in more than 65 countries around the world. Clay Siegall believes that hard work always pays off. It is not just the IQ and the college degrees that make a difference. Even though education is important, it is the passion and the will that is necessary for a person to become successful.