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Vital Knowledge Media joined Stat's Adam Feuerstein in voicing skepticism over Friday's announcement that Sorrento Therapeutics (NASDAQ: SRNE ) had discovered an antibody, dubbed STI-1499, that, it says, can provide 100% inhibition of COVID-19. More news on: Sorrento Therapeutics, Inc....
Introduction Sorrento Therapeutics ( SRNE ) closed up 158% on news of a member of Sorrento’s proprietary G-MAB antibody library, STI-1499, demonstrating 100% in-vitro inhibition of Sars-CoV-2, the virus responsible for the global COVID-19 pandemic. Data by YCharts The result...
Image: My great-grandfather (second from left) and his buddies in the 88th Division of the United States Army during World War I, at the time of the Spanish flu pandemic of 1918-1919. He would serve under Major General William Weigel, become proficient in the 37mm gun, and take part in the...
The old market adage of "Sell in May and Go Away" is working. Following a strong rally in markets from the low in March, the S&P 500 ( SPY ) reached an intra-day index level of 2,954 on April 29th and has since declined by 2% from that level. While the selloff in May has been modest thus f...
COVID-19 Pandemic Sorrento Therapeutics (SRNE), a San Diego-China biotech, reported that its anti-SARS-CoV-2 antibody, STI-1499, completely inhibited SARS-CoV-2 virus infection from interacting with the ACE2 receptor after four days of incubation (see story ). In preclinical studies, the mo...
It is not the strength of the body that counts, but the strength of the spirit. ”― J.R.R. Tolkien One of the major news makers on Friday was small-cap biotech concern Sorrento Therapeutics ( SRNE ). The company's CEO announced just before the opening bell that Sorren...
STAT's Adam Feuerstein says he received his embargoed message from Sorrento Therapeutics ( SRNE +174.8% ) on Tuesday but ignored the "dumb" pitch. More news on: Sorrento Therapeutics, Inc., Healthcare stocks news, Stocks on the move, Read more ...
Gainers: Sorrento Therapeutics (NASDAQ: SRNE ) +195% . More news on: Sorrento Therapeutics, Inc., Aurora Cannabis Inc., Bridgeline Digital, Inc., Stocks on the move, , Read more ...
SAN DIEGO , May 15, 2020 /PRNewswire/ -- Sorrento Therapeutics, Inc. (Nasdaq: SRNE, "Sorrento") announced today that its anti-SARS-CoV-2 antibody, STI-1499, demonstrated 100% inhibition of SARS-CoV-2 virus infection in an in vitro virus infection experiment at a very low antibody c...
Does Your List Of Penny Stocks Include These Names Right Now? Well, here we are again. At the end of the week and still looking for penny stocks to buy . If this week has taught us one thing, it’s that patience is key to trading penny stocks. I say this because there have been countles...
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What goes up usually comes down, and that's exactly what happened with Sorrento Therapeutics (NASDAQ: SRNE) today. Shares of Sorrento were crashing 30.4% as of 3:38 p.m. ET on Wednesday after soaring more than 60% on Tuesday. Sorrento's huge surge yesterday came after the company anno...
A California-based %Biotech company is turning heads Wednesday morning after it was announced that the U.S. Bankruptcy Court granted an interim approval of the company’s $75 million debtor-in-possession financing. While bankruptcy court can get a little messy, traders seem to b...