Ipsen secures exclusive global rights of Sutro Biopharma's STRO-003 ADC [Seeking Alpha]
Sutro Biopharma, Inc. (STRO)
Last sutro biopharma, inc. earnings: 11/8 07:00 am
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Source: Seeking Alpha
Sutro Biopharma ( NASDAQ: STRO ), completing the final stages of pre-clinical development, the companies said on Tuesday. Under the terms of the agreement, Ipsen ( OTCPK:IPSEY ) will assume responsibility for Phase I preparation activities, including submission of the Investigational New Drug application, and all subsequent clinical-development activities and global commercialization activities. STRO-003 targets ROR1, a clinically validated antibody drug conjugate (ADC) target, and has "shown robust monotherapy efficacy and potential for a differentiated safety profile in preclinical development in solid tumors and hematological malignancies," the companies said. “The potential for ADCs in oncology is well-documented and we are excited by the addition of STRO-003, Ipsen's first ADC candidate with best-in-class potential,” said Mary Jane Hinrichs, SVP and Head of Early Development at Ipsen. Sutro Biopharma ( STRO ) is eligible to receive up to $900m in potential upfront, develo
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News
- Ipsen And Sutro Partnering On ADCs Is A Deal Offering Opportunities For Investors [Seeking Alpha]Seeking Alpha
- Sutro Biopharma, Inc. (NASDAQ: STRO) had its "outperform" rating re-affirmed by analysts at Wedbush. They now have a $8.00 price target on the stock.MarketBeat
- Sutro Biopharma, Inc. (NASDAQ: STRO) had its "overweight" rating re-affirmed by analysts at Piper Sandler. They now have a $11.00 price target on the stock, down previously from $12.00.MarketBeat
- Sutro Biopharma, Inc. (NASDAQ: STRO) had its price target lowered by analysts at Truist Financial Co. from $25.00 to $18.00. They now have a "buy" rating on the stock.MarketBeat
- Sutro Biopharma, Inc. (NASDAQ: STRO) had its "outperform" rating re-affirmed by analysts at Oppenheimer Holdings Inc.. They now have a $10.00 price target on the stock.MarketBeat
STRO
Earnings
- 11/13/23 - Miss
STRO
Sec Filings
- 4/26/24 - Form ARS
- 4/26/24 - Form DEF
- 4/26/24 - Form DEFA14A
- STRO's page on the SEC website