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Sorrento Therapeutics, Inc. (SRNE)

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At close: April 1 at 4:00:00 PM EDT

Key Executives

Amounts are as of December 31, 2022 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.
NameTitlePayExercisedYear Born
Dr. Henry H. Ji Ph.D. Chairman, President & CEO 2.03M -- 1964
Dr. Scott Schaus Ph.D. Chief Technology Officer -- -- --

Sorrento Therapeutics, Inc.

4955 Directors Place
San Diego, CA 92121
United States
858 203 4100 https://www.sorrentotherapeutics.com
Sector: 
Healthcare
Industry: 
Biotechnology
Full Time Employees: 
949

Description

Sorrento Therapeutics, Inc., a clinical and commercial stage biopharmaceutical company, develops a portfolio of next-generation treatments for three therapeutic areas: cancer, infectious disease,and pain. It operates through two segments, Sorrento Therapeutics and Scilex. The company provides cancer therapeutic by leveraging its proprietary G-MAB antibody library and targeted delivery modalities, which include chimeric antigen receptor T-cell therapy (CAR-T), dimeric antigen receptor T-cell therapy, and antibody drug conjugate, as well as bispecific antibody approach; and Sofusa, a drug delivery technology that deliver biologic directly into the lymphatic system. Its clinical programs in development include anti-CD38 CAR-T therapy for the treatment of multiple myeloma, as well as for amyloidosis and graft versus host disease. The company develops resiniferatoxin, a non-opioid-based TRPV1 agonist neurotoxin for late stage cancer and osteoarthritis pain treatment; and ZTlido, a lidocaine topical system for the treatment of post-herpetic neuralgia. It engages in the development of SEMDEXA, an injectable viscous gel formulation, which is Phase III trial for the treatment of sciatica, a pathology of low back pain; SP-103, an investigational non-aqueous lidocaine topical system undergoing clinical development in chronic low back pain condition; and SP-104, a novel low-dose delayed-release naltrexone hydrochloride formulation for the treatment of fibromyalgia. It has collaboration with SmartPharm Therapeutics Inc. to develop gene-encoded antibody vaccine to protect against COVID-19; and Mayo Clinic for Phase Ib pilot study using sofusa lymphatic drug delivery technology to deliver Ipilimumab in patient with melanoma. 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.

Corporate Governance

Sorrento Therapeutics, Inc.’s ISS Governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder Rights: N/A; Compensation: N/A.
Corporate governance scores courtesy of Institutional Shareholder Services (ISS) Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.

Upcoming Events

February 12, 2025 at 9:00 PM UTC - February 20, 2025 at 9:00 PM UTC

Sorrento Therapeutics, Inc. Earnings Date

Recent Events

November 7, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

November 3, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

October 27, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

October 5, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

September 26, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

September 13, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

August 28, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

August 21, 2023 at 12:00 AM UTC

8-K: Corporate Changes & Voting Matters

August 15, 2023 at 12:00 AM UTC

SC 13D/A: Tender Offer/Acquisition Reports

August 14, 2023 at 12:00 AM UTC

10-Q: Periodic Financial Reports

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