Sorrento Therapeutics, Inc. (SRNE)
- Previous Close
0.0030 - Open
0.0017 - Bid --
- Ask --
- Day's Range
0.0017 - 0.0030 - 52 Week Range
0.0001 - 0.2495 - Volume
472,446 - Avg. Volume
179,928 - Market Cap (intraday)
2.205M - Beta (5Y Monthly) 1.78
- PE Ratio (TTM)
-- - EPS (TTM)
-1.1000 - Earnings Date Oct 30, 2024 - Nov 3, 2024
- Forward Dividend & Yield --
- Ex-Dividend Date --
- 1y Target Est
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Sorrento Therapeutics, Inc., a clinical and commercial stage biopharmaceutical company, develops a portfolio of next-generation treatments for three therapeutic areas: cancer, infectious disease,and pain. It operates through two segments, Sorrento Therapeutics and Scilex. The company provides cancer therapeutic by leveraging its proprietary G-MAB antibody library and targeted delivery modalities, which include chimeric antigen receptor T-cell therapy (CAR-T), dimeric antigen receptor T-cell therapy, and antibody drug conjugate, as well as bispecific antibody approach; and Sofusa, a drug delivery technology that deliver biologic directly into the lymphatic system. Its clinical programs in development include anti-CD38 CAR-T therapy for the treatment of multiple myeloma, as well as for amyloidosis and graft versus host disease. The company develops resiniferatoxin, a non-opioid-based TRPV1 agonist neurotoxin for late stage cancer and osteoarthritis pain treatment; and ZTlido, a lidocaine topical system for the treatment of post-herpetic neuralgia. It engages in the development of SEMDEXA, an injectable viscous gel formulation, which is Phase III trial for the treatment of sciatica, a pathology of low back pain; SP-103, an investigational non-aqueous lidocaine topical system undergoing clinical development in chronic low back pain condition; and SP-104, a novel low-dose delayed-release naltrexone hydrochloride formulation for the treatment of fibromyalgia. It has collaboration with SmartPharm Therapeutics Inc. to develop gene-encoded antibody vaccine to protect against COVID-19; and Mayo Clinic for Phase Ib pilot study using sofusa lymphatic drug delivery technology to deliver Ipilimumab in patient with melanoma. The company was founded in 2006 and is based in San Diego, California. On February 13, 2023, Sorrento Therapeutics, Inc., along with its affiliate, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Texas. The plan was later approved as Chapter 11 liquidation on November 30, 2023.
www.sorrentotherapeutics.comRecent News: SRNE
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Trailing total returns as of 10/30/2024, which may include dividends or other distributions. Benchmark is
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Statistics: SRNE
View MoreValuation Measures
Market Cap
2.21M
Enterprise Value
129.17M
Trailing P/E
--
Forward P/E
--
PEG Ratio (5yr expected)
--
Price/Sales (ttm)
0.03
Price/Book (mrq)
--
Enterprise Value/Revenue
2.01
Enterprise Value/EBITDA
--
Financial Highlights
Profitability and Income Statement
Profit Margin
0.00%
Return on Assets (ttm)
-40.81%
Return on Equity (ttm)
--
Revenue (ttm)
64.27M
Net Income Avi to Common (ttm)
-548M
Diluted EPS (ttm)
-1.1000
Balance Sheet and Cash Flow
Total Cash (mrq)
80.64M
Total Debt/Equity (mrq)
--
Levered Free Cash Flow (ttm)
-57.53M
Research Analysis: SRNE
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