Sorrento to acquire COVID-19 therapy developer [Seeking Alpha]
Sorrento Therapeutics, Inc. (SRNE)
Last sorrento therapeutics, inc. earnings: 8/9 04:49 pm
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US:NASDAQ Investor Relations:
sorrentotherapeutics.com/investors
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Source: Seeking Alpha
Sorrento Therapeutics (SRNE-0.6%letter of intentSmartPharm TherapeuticsThe company plans to accelerate development of multiple candidates for in vivo gene-encoded expression of Sorrento antibodies, starting withCOVID-19 "cure" STI-1499It says SmartPharm's Gene Mab platform enables intramuscular delivery of low-immunogenic DNA plasmid encoded with a therapeutic antibody for long-lasting expression.Financial terms are not disclosed.
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