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Sorrento Therapeutics, Inc. (SRNE)

Sector: Biotechnology

Industry: Biotechnology

Sorrento Therapeutics, Inc. logo

Sorrento Therapeutics, Inc.

OTC:SRNEHealthcare
$0.0003
CLOSED
Mkt Cap$165K
Float539.11M
O/S551.28M
VOL51K sh
$ Vol$15
RVOL0.66×
Inst Own-
SI0.7%
Dilution
Sorrento Therapeutics, Inc. logoOTC:SRNEClosed$0.0003
Historical Data
DateOpenHighLowCloseVolume
Nov 6, 20260.00030.00030.00030.000351,182
Nov 5, 20260.00030.00030.00030.0003217,568
Nov 4, 20260.00030.00030.00030.000327,711
Nov 3, 20260.00030.00040.00030.000316,472
Nov 2, 20260.00030.00050.00030.0003234,692
Oct 30, 20260.00030.00500.00030.000310,988
Oct 29, 20260.00030.00050.00030.000317,723
Oct 28, 20260.00010.00070.00010.0007403,314
Oct 27, 20260.00010.00020.00010.000131,767
Oct 26, 20260.00020.00020.00010.000272,025
Oct 23, 20260.00020.00100.00010.000130,712
Oct 22, 20260.00010.00460.00010.00038,917
Oct 21, 20260.00010.00200.00010.000228,149
Oct 20, 20260.00020.00290.00020.000857,250
Oct 19, 20260.00010.00020.00010.000228,511
Oct 16, 20260.00050.00100.00050.000529,020
Oct 15, 20260.00050.00100.00050.000552,444
Oct 14, 20260.00010.00060.00010.000246,016
Oct 13, 20260.00010.00060.00010.000319,896
Oct 12, 20260.00080.00100.00010.0006151,142
Analyst Coverage
Analyst Coverage
ConsensusBuy
Price Target
Not available
Ratings Distribution
BUY
15
HOLD
0
SELL
0
TOTAL15
About

Sorrento Therapeutics, Inc. is a biopharmaceutical company, active in both clinical development and commercial operations, dedicated to creating treatments for a range of serious conditions including cancer, autoimmune disorders, inflammatory diseases, viral infections, and neurodegenerative ailments.

The company's operations are divided into two distinct segments: Sorrento Therapeutics and Scilex. A core focus lies in cancer therapeutics, where Sorrento harnesses its proprietary G-MAB antibody library. This is complemented by advanced, targeted delivery systems such as chimeric antigen receptor T-cell therapy (CAR-T), dimeric antigen receptor T-cell therapy, antibody-drug conjugates, and innovative bispecific antibody approaches.

Additionally, their Sofusa drug delivery technology offers a unique method for introducing biologics directly into the lymphatic system. Sorrento's clinical pipeline features several promising candidates. These include an anti-CD38 CAR-T therapy currently being developed for multiple myeloma, amyloidosis, and graft-versus-host disease. They are also advancing resiniferatoxin, a non-opioid-based TRPV1 agonist neurotoxin, for managing late-stage cancer pain and osteoarthritis knee pain. Furthermore, ZTlido, a lidocaine delivery system, addresses postherpetic neuralgia. Other significant developments comprise SEMDEXA, an injectable viscous gel in Phase III trials for sciatica, a specific form of low back pain; SP-103, an investigational non-aqueous lidocaine topical system targeting chronic low back pain; and SP-104, a novel low-dose delayed-release naltrexone hydrochloride formulation for fibromyalgia treatment.

The company actively engages in strategic collaborations, including partnerships with SmartPharm Therapeutics Inc. to develop a gene-encoded antibody vaccine against COVID-19, and with Celularity, Inc. for a Phase I/II clinical study involving up to 94 COVID-19 patients. Sorrento also works with the Mount Sinai Health System on COVI-SHIELD, an antibody therapy designed to combat SARS-CoV-2 infection, and with the Mayo Clinic on a Phase Ib pilot study utilizing the Sofusa lymphatic drug delivery technology for Ipilimumab in melanoma patients. Established in 2006, Sorrento Therapeutics, Inc. is headquartered in San Diego, California.

Key Metrics
Market Cap$165,385
Enterprise Value--
P/E Ratio--
Est. Net Cash/Share--
Institutional Ownership--

based on 551.28M shares outstanding

SectorHealthcare
IndustryBiotechnology
ExchangeOTC
CountryUSUS
IPO DateJan 19, 2007
Shares Outstanding551.28M
Authorized Shares
Float539.11M
52-Week Range
$0.0001$0.0100
$0.0003(2nd percentile)
Volume
Average Daily Volume76.78K
51.18K today vs 76.78K avg(-33%)

30d Avg

76.78K

60d Avg

78.71K

90d Avg

84.08K

Earnings
Dividend History
No dividend history available