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SRNE News and Press, Sorrento Therapeutics Inc. From 11/09/20

Stock Information

Company Name: Sorrento Therapeutics Inc.
Stock Symbol: SRNE
Market: NASDAQ
Website: sorrentotherapeutics.com

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SRNE - Second tier COVID-19 vaccine developers under pressure on positive Pfizer/BioNTech data

Pfizer and BioNTech's announcement that, based on preliminary data, their COVID-19 vaccine is 90% effective and an emergency use authorization ((EUA)) is only weeks away has led to downward pressure on some of the second tier developers. If all goes according to plan, deployment could start b...

SRNE - Sorrento on go with early-stage COVID-19 antibody trial

The FDA has signed-off investigational new drug application for Phase 1 study with Sorrento's ([[SRNE]] -13.5%) intravenous ((IV)) COVI-AMG (STI-2020) for the treatment of COVID-19 patients with mild symptoms and a separate study to evaluate safety and pharmacokinetics in ...

SRNE - Sorrento Announces FDA IND Filing Today for COVI-AMG Neutralizing and High Potency Antibody Against SARS-CoV-2

IND filing today for STI-2020 (COVI-AMG™) for the treatment of COVID-19 in patients with mild symptoms and a separate safety and pharmacokinetic study in healthy volunteers. These initial trials are expected to be followed by pivotal trials with a goal of potentially receiving ...

SRNE - 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 t...

SRNE - These 2 Robinhood Favorites Could Double by 2022

The stock market rewards patience. Parking your money in securities with solid prospects and a strong competitive advantage is a great strategy for yielding substantial results over longer periods of time. But for some stocks, doubling in value in just a year is a real possibility. Investor...

SRNE - 5 "Strong Sell" Stocks on the Robinhood 100 to Avoid

The Robinhood 100 has become known as a barometer of millennial investing trends due to its focus on the top 100 stocks owned by users of the Robinhood trading platform. But many of the stock on the list are not great companies. Here are five stocks to avoid: Carnival Corporation (CCL), Inovi...

SRNE - Sorrento Announces That Intranasal Administration of COVI-AMG(TM) Neutralizing Antibody Prevented COVID-19 Disease Progression in Infected Hamsters Following SARS-CoV-2 Infection

In an IND-enabling study, intranasal COVI-AMG nAb (STI-2099 or COVI-DROPS TM ) very early on decreased COVID-19 disease severity and shortened the duration of the disease in infected hamsters, and Sorrento is in preparation for IND filings for both intranasal COVI-DROPS nAb (STI...

SRNE - 2 Coronavirus Stocks That Will Falter in a Market Crash

The ongoing race to make vaccines and therapies for the coronavirus has led to a tremendous amount of speculation in the market. For some stocks, these expectations have merely added fuel to the fire of a strong company's robust returns for shareholders. For others, like Sorrento Therapeu...

SRNE - 3 Coronavirus Stocks To Watch After Gilead Secures FDA Approval For Remdesivir

Are These The Best Coronavirus Stocks To Buy Now? Coronavirus stocks have been a trending topic to watch in the stock market this year. With the resurgence of coronavirus cases globally, it’s comforting to know Gilead Sciences’ ( GILD Stock Report ) remdesi...

SRNE - Is Sorrento Therapeutics a Ticking Time Bomb for Investors?

Sorrento Therapeutics (NASDAQ: SRNE) is one of this year's rollercoaster stocks, riding the market crash and the coronavirus product hype train to grow by more than 450% before collapsing to its present level, 130% above its price on Jan. 1. Sorrento's stock is extremely headline-dr...

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