Sorrento Therapeutics Inc

NASDAQ:SRNE  
9.65
-0.33 (-3.31%)
5:11:18 PM EDT: $9.66 +0.01 (+0.10%)
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Market Cap (Intraday)2.45B
Current PEN/A
Forward PE 0.9
2yr Forward PE 3.04
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Estimates Current Quarter
Revenue$5.91 Million
Adjusted EPS$11.71
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10-Day MA$9.03
50-Day MA$7.66
200-Day MA$7.26
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Sorrento Therapeutics, Inc. Stock, NASDAQ:SRNE

4955 DIRECTORS PLACE, SAN DIEGO, CA 92121
United States of America
Phone: 858-203-4100
Number of Employees: 382

Description

Sorrento Therapeutics, Inc., a clinical stage biotechnology company, primarily engages in the discovery and development of therapies focused on oncology and the treatment of chronic cancer pain worldwide. It develops therapeutic products for the treatment of auto-immune, inflammatory, neurodegenerative, and infectious diseases. The company offers resiniferatoxin, a non-opioid-based TRPV1 agonist neurotoxin for the treatment of intractable pain at end-stage disease. Its preclinical human therapeutic antibodies include antibody drug conjugates, bispecific approaches, and T-Cell Receptor, as well as Chimeric Antigen Receptor-T Cell (CAR-T) for adoptive cellular immunotherapy for the treatment of solid and liquid tumors. It is also involved in the development of T-007, an anti-CD38 CAR-T cellular therapy for the treatment of multiple myeloma, as well as for additional potential indications, such as amyloidosis and graft-versus-host disease; and T-009, an anti-CD123 CAR-T cellular therapy for the treatment of acute myelogenous leukemia. The company has license and collaboration agreement with Les Laboratoires Servier for the development, manufacture, and commercialization of products using its human immuno-oncology anti-PD-1 mAb STI-A1110. Sorrento Therapeutics, Inc. was founded in 2006 and is based in San Diego, California.