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SRNE

Sorrento Therapeutics

$5.25

-0.2 (-3.67%)

07:31
12/01/16
12/01
07:31
12/01/16
07:31

Sorrento Therapeutics subsidiary updates pipeline progress

Sorrento Therapeutics subsidiary TNK Therapeutics has provided an update on its lead chimeric antigen receptor expressing T cells programs for the treatment of hematological malignancies. Sorrento intends to present these findings at upcoming clinical conferences and in scientific publications. The anti-CD38 CAR-T program is in development for the treatment of multiple myeloma. TNK has developed a proprietary second generation anti-CD38 CAR based on a fully human anti-CD38 monoclonal antibody derived from Sorrento's G-MAB antibody library. CD38-expressing multiple myeloma tumor cells were killed efficiently in vitro, and the CD38 CAR-T cells completely eradicated tumors in a xenograft mouse model of human multiple myeloma. The anti-CD123 CAR-T program is in development for the treatment of acute myeloid leukemia. IND Filings are planned for H1 2017, with initiation of Phase 1 clinical studies expected in H2 2017.

  • 06

    Dec

SRNE Sorrento Therapeutics
$5.25

-0.2 (-3.67%)

12/22/15
FBRC
12/22/15
INITIATION
Target $22
FBRC
Outperform
Sorrento Therapeutics initiated with an Outperform at FBR Capital
FBR Capital analyst Ed White started Sorrento Therapeutics with an Outperform rating and $22 price target.
12/22/15
12/22/15
INITIATION

On The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: AVANGRID (AGR) initiated with a Neutral at JPMorgan... Accuray (ARAY) initiated with a Sector Perform at RBC Capital... American Express (AXP) initiated with a Market Perform at JMP Securities... BioTime (BTX) initiated with an Outperform at Oppenheimer... Biota Pharmaceuticals (BOTA) initiated with an Outperform at FBR Capital... Box (BOX) initiated with an Outperform at JMP Securities... CNO Financial (CNO) initiated with an Outperform at Raymond James... Capital One (COF) initiated with a Hold at Evercore ISI... Criteo (CRTO) initiated with a Buy at SunTrust... CyberArk (CYBR) initiated with a Hold at Evercore ISI... CyrusOne (CONE) initiated with an Overweight at JPMorgan... Digital Realty (DLR) initiated with a Neutral at JPMorgan... Discover (DFS) initiated with a Hold at Evercore ISI... Etsy (ETSY) initiated with a Sell at Roth Capital... Fenix Parts (FENX) initiated with a Buy at Roth Capital... Fibrocell Science (FCSC) initiated with a Buy at Roth Capital... Franklin Electric (FELE) initiated with a Sell at Ladenburg... Harman (HAR) initiated with a Neutral at Susquehanna... Karyopharm (KPTI) initiated with a Buy at Canaccord... MPLX (MPLX) initiated with a Neutral at Credit Suisse... Marchex (MCHX) initiated with a Buy at Roth Capital... NantKwest (NK) initiated with a Buy at Canaccord... Nexstar (NXST) initiated with an Outperform at Barrington... Orbital ATK (OA) initiated with a Buy at CL King... Perrigo (PRGO) initiated with an Outperform at Northland... QTS Realty Trust (QTS) initiated with an Overweight at JPMorgan... RPC, Inc. (RES) initiated with a Buy at Guggenheim... Rubicon Project (RUBI) initiated with a Buy at SunTrust... Sorrento Therapeutics (SRNE) initiated with an Outperform at FBR Capital... Travelport (TVPT) initiated with a Neutral at SunTrust... TubeMogul (TUBE) initiated with a Buy at SunTrust... Ultragenyx (RARE) initiated with a Buy at Canaccord... Varian Medical (VAR) initiated with a Sector Perform at RBC Capital... Wayfair (W) initiated with a Neutral at SunTrust... Xencor (XNCR) initiated with a Buy at Canaccord.
01/25/16
BMUR
01/25/16
NO CHANGE
Target $15
BMUR
Buy
Sorrento Therapeutics should be bought aggressively, says Brean Capital
Brean Capital said they would be aggressive buyers of Sorrento Therapeutics following the recent release of top-line Phase lll data for biosimilar antibodies of Eribtux and Remicade. The firm sees upside from the biosimilar products and possibility of a BD deal with an established U.S. based biotech company in the near-term. Brean Capital reiterated its Buy rating and $15 price target on Sorrento Therapeutics shares.
10/03/16
ROTH
10/03/16
INITIATION
Target $15
ROTH
Buy
Sorrento Therapeutics initiated with a Buy at Roth Capital
Roth Capital analyst Joseph Pantginis started Sorrento Therapeutics with a Buy rating and $15 price target.

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EPC

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ORC

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HBHC

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TSLA

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BA

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WBA

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SIX

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LMT

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ANY

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