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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| SRNE.Q | +188.89% | -99.89% | -74.25% | -100% |
| S&P | +19.89% | +109.18% | +15.89% | +551% |
Sorrento Therapeutics, Inc. engages in the research, development, and manufacture of biopharmaceutical products. It operates through the Sorrento Therapeutics and Scilex segments. The Sorrento Therapeutics segment consists of developing a portfolio of next generation treatments for three major therapeutic areas: cancer, infectious disease, and pain. The Scilex segment is largely organized around the company’s non-opioid pain management operations. The company was founded by Henry H. Ji in 1989 and is headquartered in San Diego, CA.
Any euphoria after the biotech stock's big jump yesterday didn't last long.
The company is walling off subsidiary Scilex from its bankruptcy proceedings.
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