Name | Value |
---|---|
Revenues | 8.6M |
Cost of Revenue | 0.0M |
Gross Profit | 8.6M |
Operating Expense | 57.9M |
Operating I/L | -49.2M |
Other Income/Expense | 14.6M |
Interest Income | 2.1M |
Pretax | -34.6M |
Income Tax Expense | 2.5M |
Net Income/Loss | -37.1M |
Sutro Biopharma, Inc. is a clinical stage drug discovery and development company specializing in creating protein therapeutics for cancer and autoimmune disorders. The company's primary focus is on its proprietary XpressCF+ platform, which enables the development of protein-based therapeutics. Its product candidates include STRO-001, an antibody-drug conjugate (ADC) for multiple myeloma and non-Hodgkin lymphoma, and STRO-002, an ADC for ovarian and endometrial cancers. Sutro Biopharma also has collaboration and license agreements with Merck and Celgene to develop research programs and bispecific antibodies/ADCs for immuno-oncology.