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home / news releases / SRNE - Sorrento Therapeutics rises on order for COVISTIX COVID tests in Brazil

SRNE - Sorrento Therapeutics rises on order for COVISTIX COVID tests in Brazil

Sorrento Therapeutics Inc.
Shares of Sorrento Therapeutics (SRNE +6.0%) are modestly higher in afternoon trading after the company announced an order from a large diagnostic laboratory in Brazil for its COVISTIX COVID-19 test. The company said the tests will begin to be delivered by the end of the year. Sorrento says that COVISTIX can provide results with a shallow nasal swab in 15-20 minutes. Find out why Seeking Alpha contributor SimOne Trading believes that COVISTIX will help support growth in Sorrento's stock price.

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Sorrento Therapeutics rises on order for COVISTIX COVID tests in Brazil
Stock Information
Company Name: Sorrento Therapeutics Inc.
Stock Symbol: SRNE
Market: NASDAQ
Website: sorrentotherapeutics.com
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