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home / news releases / VXRT - Sorrento: Why I Am Skeptical About Its Covid-19 Pipeline


VXRT - Sorrento: Why I Am Skeptical About Its Covid-19 Pipeline

  • Sorrento currently presents a wide multitude of candidate drugs to combat COVID-19.
  • Due to this huge Covid-19 program, the share price has skyrocketed in recent months, although since the August peak the stock price has been deflating to reach around $7.
  • The problem here is that the company has over-reported the supposed "incredible results" in the preclinical tests obtained for some of these candidate drugs.
  • Unless robust and reliable trial results in Covid-19 patients are reported soon, I expect a downward trend over the next several weeks and months.

For further details see:

Sorrento: Why I Am Skeptical About Its Covid-19 Pipeline
Stock Information

Company Name: Vaxart Inc.
Stock Symbol: VXRT
Market: NASDAQ
Website: vaxart.com

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