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Financial Snapshot

Revenue
TTM
$64.28M
Gross Margin
TTM
44.22%
Net Income
TTM
-$548.1M
Current Assets
2023 Q2
Current Liabilities
2023 Q2
Current Ratio
2023 Q2
50.24%
Total Assets
2023 Q2
Total Liabilities
2023 Q2
Book Value
2023 Q2
-198.0M
Cash
2023 Q2
P/E
Last 4 Quarters
N/A
Free Cash Flow
TTM
-$235.6M

Stock Price

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Market Cap: $661.54 Thousand

About Sorrento Therapeutics, Inc.

Sorrento Therapeutics, Inc. engages in the research, development, and manufacture of biopharmaceutical products. The company is headquartered in San Diego, California and currently employs 949 full-time employees. The company went IPO on 2007-01-19. The firm is engaged in developing new therapies to treat cancer, pain (non-opioid treatments), autoimmune diseases and COVID-19. The Company’s segments include 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. The Scilex segment is organized around its non-opioid pain management operations and clinical pipeline. The Company’s immuno-oncology platforms, including its fully human antibodies (G-MAB library), ACEA small molecule library, immuno-cellular therapies (DAR-T), antibody-drug conjugates (ADCs) and oncolytic virus (Seprehvec). The firm is also developing potential antiviral therapies against COVID-19, including FUJOVEE (Abivertinib) and its rapid diagnostic test, including COVIMARK.

Industry: Biological Products, (No Diagnostic Substances) Peers: Alector Inc Kalaris Therapeutics Inc AnaptysBio Inc Anavex Life Sciences Corp CTI BIOPHARMA CORP Dyne Therapeutics, Inc RAPT Therapeutics, Inc. INTERCEPT PHARMACEUTICALS, INC. iTeos Therapeutics, Inc.

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