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Sonnet BioTherapeutics Q1 2023 Earnings Report

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$1.54 0.00 (0.00%)
As of 01/21/2025 04:00 PM Eastern

Sonnet BioTherapeutics EPS Results

Actual EPS
-$17.60
Consensus EPS
-$24.20
Beat/Miss
Beat by +$6.60
One Year Ago EPS
N/A

Sonnet BioTherapeutics Revenue Results

Actual Revenue
$0.04 million
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Sonnet BioTherapeutics Announcement Details

Quarter
Q1 2023
Time
Q1 2023 Earnings Release

Conference Call Resources

Sonnet BioTherapeutics Earnings Headlines

Sonnet BioTherapeutics expands Phase 1 SB101 trial
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Sonnet BioTherapeutics sees cash runway into July 2025
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About Sonnet BioTherapeutics

Sonnet BioTherapeutics (NASDAQ:SONN), a biotechnology company, owns a platform for biologic medicines of single or bifunctional action. The company develops fully human albumin binding technology, which utilizes human single chain antibodies fragment that binds to and hitch-hikes on human serum albumin for transport to target tissues. Its lead product candidate is SON-1010, a fully human single-chain version of interleukin 12 that is in Phase 1b/2a clinical trial for the treatment of solid tumor indications, including ovarian cancer, non-small cell lung cancer, and head and neck cancer. The company is also developing SON-080, a fully human version of interleukin 6, which is in Phase 1b/I2a clinical trail to treat chemotherapy-induced peripheral neuropathy and diabetic peripheral neuropathy; and SON-1210, a bispecific compound for solid tumor indications, including colorectal cancer. It has a license agreement with New Life Therapeutics Pte, LTD. to develop and commercialize pharmaceutical preparations containing a specific recombinant human interleukin-6; and strategic development collaboration with Sarcoma Oncology Center to advance SON-1210. The company is headquartered in Princeton, New Jersey.

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