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Sutro Biopharma Inc
Previous close
$2.69
Day range
$2.64 - $2.75
Year range
$2.45 - $6.13
Market cap
221.81M USD
Avg Volume
711.53K
P/E ratio
-
Dividend yield
-
Primary exchange
NASDAQ
In the news
Financials
Income Statement
Revenue
Net income
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 8.52M | -49.66% |
Operating expense | 14.33M | -6.14% |
Net income | -48.79M | 1.01% |
Net profit margin | -572.62 | -96.63% |
Earnings per share | -0.50 | 38.49% |
EBITDA | -66.12M | -56.40% |
Effective tax rate | — | — |
Balance Sheet
Total assets
Total liabilities
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 388.25M | 9.32% |
Total assets | 451.83M | 4.66% |
Total liabilities | 340.61M | 6.65% |
Total equity | 111.22M | — |
Shares outstanding | 82.46M | — |
Price to book | 1.99 | — |
Return on assets | -36.09% | — |
Return on capital | -107.88% | — |
Cash Flow
Net change in cash
(USD) | Sep 2024info | Y/Y change |
---|---|---|
Net income | -48.79M | 1.01% |
Cash from operations | -64.52M | -92.57% |
Cash from investing | 147.29M | 229.18% |
Cash from financing | 1.02M | 117.72% |
Net change in cash | 83.79M | 154.67% |
Free cash flow | -39.84M | -81.30% |
About
Sutro Biopharma, Inc. is a publicly traded biotechnology company headquartered in South San Francisco, California focused on clinical-stage drug discovery, development and manufacturing. Using a proprietary cell-free protein synthesis platform, Sutro is working on oncology therapeutics using protein engineering and rational design. Founded in 2003 under the name Fundamental Applied Biology, the company name changed to Sutro Biopharma in 2009. William Newell, CEO as of 2024, joined Sutro in January 2009.
Sutro's cell-free protein synthesis and site-specific conjugation platform, XpressCF+, contributed to the discovery of STRO-001 and STRO-002, internally-developed antibody drug conjugates, or ADCs. STRO-001 is an ADC targeting CD74, a protein highly expressed in multiple myeloma and non-Hodgkin's lymphoma, and is currently in a Phase I clinical trial. STRO-002 is an ADC targeting folate receptor alpha, a cell-surface protein highly expressed in gynecological cancers. Wikipedia
Founded
2003
Headquarters
Website
Employees
306