Sorrento Therapeutics Overview

  • Status
  • Public

  • Employees
  • 949

Employees

  • Stock Symbol
  • SRNE

Stock Symbol

  • Investments
  • 24

Sorrento Therapeutics General Information

Description

Sorrento Therapeutics Inc is a clinical and commercial-stage biopharmaceutical company developing a portfolio of next-generation treatments for three major therapeutic areas: cancer, infectious disease, and pain. Its multimodal, multipronged approach to fighting cancer is made possible by its extensive immuno-oncology platforms, including key assets such as fully human antibodies (G-MAB library), immuno-cellular therapies (DAR-T), antibody-drug conjugates (ADCs), and oncolytic virus (Seprehvec). Sorrento is also developing potential antiviral therapies and vaccines against coronaviruses, including COVI-AMG, COVIDROPS, COVISHIELD, FUJOVEE (Abivertinib), and OQORY (Covi-MSC), and diagnostic test solutions, including COVITRACK and COVIMARK.

Contact Information

Formerly Known As
Quikbyte Software Inc
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 9380 Judicial Drive
  • San Diego, CA 92121
  • United States
+1 (858)
Primary Industry
Biotechnology
Other Industries
Drug Discovery
Stock Exchange
PINX
Vertical(s)
Corporate Office
  • 9380 Judicial Drive
  • San Diego, CA 92121
  • United States
+1 (858)

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Sorrento Therapeutics Stock Performance

As of 17-Jul-2025, Sorrento Therapeutics’s current market cap is $882K.

(As of Thursday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$882K 124K

Sorrento Therapeutics Financials Summary

As of 30-Jun-2023, Sorrento Therapeutics has a trailing 12-month revenue of $64.3M.

In Thousands,
USD
TTM 30-Jun-2023 FY 2022 31-Dec-2022 FY 2021 31-Dec-2021 FY 2020 31-Dec-2020
EV 314,667 466,796 1,464,173 1,955,590
Revenue 64,270 62,839 52,904 39,986
EBITDA (532,019) (539,928) (439,842) (279,416)
Net Income (547,997) (572,843) (428,325) (298,461)
Total Assets 456,692 472,840 694,818 535,822
Total Debt 207,600 134,504 237,577 169,393
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Sorrento Therapeutics Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Sorrento Therapeutics Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Sorrento Therapeutics Inc is a clinical and commercial-stage biopharmaceutical company developing a portfolio of next-ge
Biotechnology
San Diego, CA
949 As of 2022

San Diego, CA
 

Abingdon, United Kingdom
 
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Sorrento Therapeutics Competitors (69)

One of Sorrento Therapeutics’s 69 competitors is ImmunityBio, a Formerly VC-backed company based in San Diego, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
ImmunityBio Formerly VC-backed San Diego, CA
Immunocore Formerly VC-backed Abingdon, United Kingdom
NexImmune Formerly VC-backed Gaithersburg, MD
Iovance Biotherapeutics Corporation San Carlos, CA
Inovio Pharmaceuticals Corporation Plymouth Meeting, PA
You’re viewing 5 of 69 competitors. Get the full list »

Sorrento Therapeutics Patents

Sorrento Therapeutics Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
CA-3228858-A1 Therapeutic agents targeting the lymphatic system Pending 18-Aug-2021
JP-2024531337-A Therapeutics that target the lymphatic system Pending 18-Aug-2021
CA-3221925-A1 Method of treating cancer by administration of an anti-pd-1 or anti-pd-l1 therapeutic agent via a lymphatic microneedle delivery device Pending 09-Jun-2021
JP-2024522623-A Methods for treating cancer by administering anti-pd-1 or anti-pd-l1 therapeutics via a lymphatic microneedle delivery device Pending 09-Jun-2021
CA-3219312-A1 Presurgical perineural administration of resiniferatoxin for reduction of post-operative pain Pending 18-May-2021 A61K31/357
To view Sorrento Therapeutics’s complete patent history, request access »

Sorrento Therapeutics Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Sorrento Therapeutics Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Sorrento Therapeutics Investments & Acquisitions (24)

Sorrento Therapeutics’s most recent deal was a Merger/Acquisition with Zhengzhou Fortune Bioscience. The deal was made on 17-Feb-2022.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Zhengzhou Fortune Bioscience 17-Feb-2022 Merger/Acquisition Diagnostic Equipment
Virex Health 01-Feb-2022 Merger/Acquisition Diagnostic Equipment
Aardvark Therapeutics 01-Aug-2021 Early Stage VC Drug Discovery
Celularity 16-Jul-2021 PIPE Drug Discovery
ACEA Therapeutics 01-Jun-2021 Merger/Acquisition Drug Discovery
You’re viewing 5 of 24 investments and acquisitions. Get the full list »

Sorrento Therapeutics ESG

Risk Overview

Risk Rating

Updated December, 07, 2022

35.9 | High Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,842

Rank

Percentile

Pharmaceuticals

Industry

of 898

Rank

Percentile

Biotechnology

Subindustry

of 402

Rank

Percentile

To view Sorrento Therapeutics’s complete esg history, request access »

Sorrento Therapeutics Exits (7)

Sorrento Therapeutics’s most recent exit was on 01-Aug-2021 from Aardvark Therapeutics. The exit was categorized as with 8 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Aardvark Therapeutics 01-Aug-2021 Completed
  • 8 buyers
Pulsar Therapeutics 13-May-2020 Completed
SCILEX Holding 08-Nov-2016 Completed
ImmuneOncia 07-Apr-2016 Completed
  • 2 buyers
NantKwest 26-Dec-2014 Later Stage VC Completed
  • 2 buyers
You’re viewing 5 of 7 exits. Get the full list »

Sorrento Therapeutics Affiliates

Subsidiaries (7)

Name Industry Location Year Founded
SmartPharm Therapeutics Cambridge, MA 2018
Semnur Pharmaceuticals Palo Alto, CA 2013
Ancora Medical Menlo Park, CA 2013
Nant-paclitaxel Fountain Valley, CA 2012
Zhengzhou Fortune Bioscience Zhengzhou, China 2003
You’re viewing 5 of 7 affiliates. Get the full list.  »

Sorrento Therapeutics FAQs

  • Where is Sorrento Therapeutics headquartered?

    Sorrento Therapeutics is headquartered in San Diego, CA.

  • What is the size of Sorrento Therapeutics?

    Sorrento Therapeutics has 949 total employees.

  • What industry is Sorrento Therapeutics in?

    Sorrento Therapeutics’s primary industry is Biotechnology.

  • Is Sorrento Therapeutics a private or public company?

    Sorrento Therapeutics is a Public company.

  • What is Sorrento Therapeutics’s stock symbol?

    The ticker symbol for Sorrento Therapeutics is SRNE.

  • What is the current market cap of Sorrento Therapeutics?

    The current market capitalization of Sorrento Therapeutics is $882K.

  • What is Sorrento Therapeutics’s current revenue?

    The trailing twelve month revenue for Sorrento Therapeutics is $64.3M.

  • Who are Sorrento Therapeutics’s competitors?

    ImmunityBio, Immunocore, NexImmune, Iovance Biotherapeutics, and Inovio Pharmaceuticals are some of the 69 competitors of Sorrento Therapeutics.

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