Name | Value |
---|---|
Revenues | 25.7M |
Cost of Revenue | 62.0M |
Gross Profit | -36.3M |
Operating Expense | 74.4M |
Operating I/L | -48.7M |
Other Income/Expense | 0.7M |
Interest Income | 4.9M |
Pretax | -48.0M |
Income Tax Expense | 0.0M |
Net Income/Loss | -48.0M |
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.