10.61
+10.29%
Close of 9 Nov 2026, in USD
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About Sutro Biopharma
From its filings with the US Securities and Exchange Commission
Sutro Biopharma is based in South San Francisco, California. Its shares trade on Nasdaq under the ticker STRO. The SEC classifies its business as biological products, (no diagnostic substances). In the fiscal year to 31 December 2025, it reported revenue of $102.5m and a net loss of $191.1m. At that date it held total assets of $173.8m and shareholders' equity of −$132.5m.
We are a clinical stage oncology company developing site-specific and novel-format antibody drug conjugates, or ADCs, enabled by our proprietary integrated cell-free protein synthesis platform, XpressCF®, and our site-specific conjugation platform, XpressCF+®. We aim to design and develop therapeutics using the most relevant and potent modalities, including ADCs, bispecific ADCs, immunostimulatory ADCs, or iADCs, and dual-payload ADCs, or dpADCs. Our molecules are directed primarily against clinically validated targets where the current standard of care is suboptimal. We believe that our platform allows us to accelerate the discovery and development of potential first-in-class and/or best-in-class molecules by enabling the rapid and systematic evaluation of protein structure-activity relationships to create optimized homogeneous product candidates. Our mission is to transform the lives of patients by creating medicines with improved therapeutic profiles for areas of unmet need.
Our highest priority wholly-owned product candidate is STRO-004, a single homogeneous ADC directed against tissue factor, or TF, which we are developing for the treatment of solid tumors. We believe STRO-004 has the potential to be a best-in-class ADC targeting TF. In preclinical studies, STRO-004 has demonstrated potent antitumor activity and the potential for a differentiated safety profile. We filed an IND and received IND clearance for STRO-004 in October 2025, and initiated a Phase 1 trial in November 2025. We expect to report initial data from this trail in mid-2026.
Quoted from its 10-K, filed 23 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Biotechnology
- Listed since
- 27 Sept 2018
- Employees
- 137
- Website
- sutrobio.com ↗
- Head office
- 111 OYSTER POINT BLVD., SOUTH SAN FRANCISCO, CA, 94080
- Classification
- Biological Products, (No Diagnostic Substances)
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Ms. Connie MatsuiIndependent Chairman of the Board$181,366
- Ms. Jane ChungPresident, Chief Executive Officer, Director, since 2021$1.4m
- Mr. Gregory ChowChief Financial Officer, Principal Accounting Officer
- Dr. Hans-Peter GerberChief Scientific Officer$1.6m
- Ms. Emily WhiteExecutive Director - Investor Relations and Communications
- Dr. Barbara LeymanChief Business Development Officer
- Dr. Venkatesh SrinivasanChief Technical Operations Officer
- Dr. Michael DybbsIndependent Director$143,350
- Ms. Heidi HunterIndependent Director$163,350
- Mr. Sukhi JagpalIndependent Director$199,372
- Mr. Joseph LobackiIndependent Director$163,850
- Mr. James PanekIndependent Director$150,334
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 55
- Environment
- 34
- Social
- 79
- Governance
- 53
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Headquartered in South San Francisco, California
- Focuses on integrated cell-free protein synthesis platform XpressCF
- Develops protein therapeutics for cancer and autoimmune disorders
Weaknesses
- Employees reported as 137 in official data but 191 in untrusted source
- IPO occurred in 2018-09-27
- Relies on specific product candidates STRO-001 and STRO-002
Opportunities
- Potential expansion into new therapeutic areas using XpressCF platform
- Growth in cancer and autoimmune disorder treatment markets
- Opportunity to leverage ADC technology for additional indications
Threats
- Dependence on specific product candidates STRO-001 and STRO-002
- Competition in biotechnology sector for similar therapeutic approaches
- Regulatory challenges in drug development and approval processes
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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