BSGM - Sorrento teams up with ViralClear to explore COVID-19 combo treatment
Sorrento Therapeutics (SRNE) inks an agreement with ViralClear Pharmaceuticals, parent of BioSig Technologies (BSGM), aimed at exploring the potential of small molecule and antibody combination therapies in COVID-19.SRNE will initially contribute neutralizing antibody STI-1400 while ViralClear will contribute antiviral IMPDH inhibitor merimipodib (currently being tested in a mid-stage study with Gilead's remdesivir).The combo will be initially assessed in a Golden Syrian hamster model of COVID-19.SRNE is up 1% premarket on robust volume while BSGM is up 5% on light volume.
For further details see:
Sorrento teams up with ViralClear to explore COVID-19 combo treatment