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Sorrento Therapeutics SRNE · USD

Health Care · US listing · 🇺🇸 United States

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About Sorrento Therapeutics

Its shares trade under the ticker SRNE. It has been listed since 19 January 2007. In the fiscal year to 31 December 2022, it reported revenue of $62.8m and a net loss of $559.3m. At that date it held total assets of $472.8m and shareholders' equity of −$21.7m.

Sorrento Therapeutics, Inc. engages in the research, development and manufacture of biopharmaceutical products. The company is headquartered in San Diego, California. The company went IPO on 2007-01-19. The firm operates through two segments: Sorrento Therapeutics and Scilex. The Sorrento Therapeutics segment is organized around its Immune-Oncology therapeutic area, leveraging its G-MAB antibody library and targeted delivery modalities to generate the next generation of cancer therapeutics. These modalities include chimeric antigen receptor T-cell therapy (CAR-T), dimeric antigen receptor T-cell therapy (DAR-T), antibody-drug conjugates (ADC), as well as bispecific antibody approaches. Additionally, Sorrento Therapeutics segment also includes Sofusa, a drug delivery technology that delivers biologics directly into the lymphatic system to potentially achieve improved efficacy and fewer adverse effects than standard parenteral immunotherapy. The Scilex segment is organized around its non-opioid pain management operations.

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Health Care
Industry
Biotechnology
Listed since
19 Jan 2007
Employees
502

Leadership

Pay as last reported

  • Dr. Henry JiChairman of the Board, President, Chief Executive Officer, Interim Chief Financial Officer, since 2006$10.1m
  • Mr. Dorman FollowwillLead Independent Director$250,018
  • Dr. Kim JandaDirector$82,500
  • Mr. Jaisim ShahDirector$868,233
  • Mr. David LemusIndependent Director$181,326
  • Dr. Yue WuIndependent Director$150,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
59
Environment
59
Social
96
Governance
23
Carbon reduction policy
No
Human rights policy
No

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Sorrento Therapeutics Inc possesses several strengths that contribute to its success and competitiveness in the market:

Weaknesses

  • Despite its strengths, Sorrento Therapeutics Inc also faces certain weaknesses that could hinder its growth:

Opportunities

  • Sorrento Therapeutics Inc can explore the following opportunities to further expand its business:

Threats

  • Sorrento Therapeutics Inc should be cautious of the following threats that could affect its business:

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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