Name | Value |
---|---|
Revenues | 14.8M |
Cost of Revenue | -1.7M |
Gross Profit | 12.9M |
Operating Expense | 78.2M |
Operating I/L | -65.3M |
Other Income/Expense | -4.8M |
Interest Income | 3.9M |
Pretax | -70.1M |
Income Tax Expense | 2.4M |
Net Income/Loss | -72.4M |
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.