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SRNESorrento Therape

OTCQB · Healthcare · Biotechnology

$0.00

+$0.00 (+20.00%)

Sorrento Therape (SRNE) is a biotechnology company listed on OTCQB. It is led by Henry H. Ji Ph.D., based in 4955 Directors Place, San Diego, CA, United States, 92121, with about 949 employees. Sorrento Therapeutics, Inc., a clinical and commercial stage biopharmaceutical company, provides therapeutic solutions in the United States and internationally. It offers chimeric antigen receptor T-cell therapy, dimeric antigen receptor T-cell therapy, and antibody-drug conjugates, as well as Seprehvec, SOFUSA, RTX, and SEMDEXA. The company also develops antiviral therapies and vaccines, including Abivertinib, COVI-MSC, COVI-AMG, COVIDROPS, and COVI SHIELD; and diagnostic test solutions, such as COVISTIX, COVITRACK, and Virex. Its products are used for cancer, autoimmune, inflammatory, viral, and neurodegenerative diseases treatment. 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.

Net income was -$108.5M. SRNE currently screens at market cap $385.9K.

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About Sorrento Therape

Sorrento Therapeutics, Inc., a clinical and commercial stage biopharmaceutical company, provides therapeutic solutions in the United States and internationally. It offers chimeric antigen receptor T-cell therapy, dimeric antigen receptor T-cell therapy, and antibody-drug conjugates, as well as Seprehvec, SOFUSA, RTX, and SEMDEXA. The company also develops antiviral therapies and vaccines, including Abivertinib, COVI-MSC, COVI-AMG, COVIDROPS, and COVI SHIELD; and diagnostic test solutions, such as COVISTIX, COVITRACK, and Virex. Its products are used for cancer, autoimmune, inflammatory, viral, and neurodegenerative diseases treatment. 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.

SRNE Key Statistics

Market Cap

$0.39M

Volume

135,982

Previous Close

$0.00

Day Range

$0.00$0.00

0

P/B Ratio

4.01

EPS

-$1.37

Revenue

$0.00

Net Income

-$577.76M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

949

SRNE Financials

Annual income statement in USD. Latest reported periods first.

SRNE annual income statement across FY2022, FY2021, FY2020
LineFY2022FY2021FY2020
Revenue$0.00$0.00$0.00
Cost of Revenue$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00
Net Income-$577.76M-$429.14M-$314.41M
EPS (Diluted)-$1.37-$0.47-$0.27

Total Assets

$472.84M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$23.63M

Operating Cash Flow

-$293.86M

Free Cash Flow

$0.00

Sorrento Therape Company Information

Chairman, President & CEO
Henry H. Ji Ph.D.
Headquarters
4955 Directors Place, San Diego, CA, United States, 92121
Phone
858 203 4100
IPO / Founded
2010-01-11
Industry
Biotechnology
Data Updated:

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