Sorrento therapeutics

Sorrento Therapeutics is a development-stage biopharmaceutical company engaged in the acquisition, discovery, development and commercialization of proprietary drug therapeutics for addressing significant unmet medical needs.

Sorrento's primary therapeutic focus is cancer although its products and technologies have much broader clinical applications including autoimmune disorders, metabolic diseases and infectious diseases. Sorrento’s lead programs consist of four Phase III BioSimilar/BioBetter antibodies, which address an established market of more than $13 billion, and two Phase I CAR-T programs for treatment of solid tumors. Sorrento also is advancing a portfolio of adoptive cellular therapies, immuno-oncology mAbs, and antibody drug conjugates (ADCs).

San Diego, US
Size (employees)
97 (est)
Sorrento therapeutics is headquartered in San Diego, US

Key People/Management at Sorrento therapeutics

Henry Ji

Henry Ji

Director, President and CEO

Sorrento therapeutics Office Locations

Sorrento therapeutics has an office in San Diego
San Diego, US (HQ)
9380 Judicial Dr

Sorrento therapeutics Financials and Metrics

Sorrento therapeutics Financials

Sorrento therapeutics's revenue was reported to be $8.2 m in FY, 2016

Revenue (Q3, 2017)

121.9 m

Net income (Q3, 2017)

37.5 m

EBIT (Q3, 2017)

96.9 m

Market capitalization (13-Nov-2017)

192.2 m

Cash (30-Sep-2017)

38.3 m


178.5 m
Sorrento therapeutics's current market capitalization is $192.2 m.
USDFY, 2013FY, 2014FY, 2015FY, 2016


460.1 k3.8 m4.6 m8.2 m

Revenue growth, %


R&D expense

9 m24 m31.3 m42.2 m

General and administrative expense

6.3 m10 m20.1 m24.2 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


83.8 k976 k775 k1.3 m977 k1.2 m1.1 m988 k902 k2.2 m4.9 m4.7 m121.9 m

R&D expense

2.1 m6.1 m5.3 m5.4 m7.8 m8 m7.2 m7.8 m10.6 m10.2 m14.9 m11.2 m

General and administrative expense

1.1 m3.4 m2.4 m1.9 m2.2 m3.1 m4.7 m4.5 m4.2 m5.3 m11.9 m9.1 m

Operating expense total

3.4 m10.9 m8.8 m8.4 m11.2 m11.7 m36.7 m25.7 m47.3 m16 m28.2 m18.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016


31.7 m71.9 m39 m82.4 m

Current Assets

32.6 m73.9 m141 m89.7 m


2.4 m2.3 m7.2 m12.7 m


24 m24 m20.6 m41.5 m
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017


6.4 m29.9 m50.2 m44.3 m60.5 m51.7 m59.1 m20.8 m98.2 m66.5 m33.9 m53.7 m38.3 m

Current Assets

6.9 m31.2 m51.4 m45.8 m62.2 m53.8 m124.8 m71.7 m146.3 m71.8 m42.1 m60.6 m44.7 m


1.7 m2.4 m2.3 m2.4 m2.5 m2.8 m3.8 m7.4 m9.2 m10.1 m17 m18 m


24 m24 m24 m24 m12.5 m20.6 m20.6 m20.6 m20.6 m36.9 m38.3 m38.3 m
    USDFY, 2013FY, 2014FY, 2015FY, 2016

    Net Income

    (21.9 m)(34.7 m)(50.1 m)(63.9 m)

    Depreciation and Amortization

    1.3 m3.2 m2.4 m2.9 m

    Accounts Receivable

    (2.2 m)


    (3.2 m)
    USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

    Net Income

    (10.6 m)(10.1 m)(18.5 m)(26.2 m)(10.4 m)(21.4 m)(23.5 m)(20 m)(66.1 m)14.2 m(23.8 m)(38.5 m)37.5 m

    Depreciation and Amortization

    637.6 k774 k1.6 m2.4 m823 k1.4 m1.8 m545 k1.1 m1.5 m3.2 m

    Accounts Payable

    824.9 k(980 k)(955 k)(703 k)95 k321 k(352 k)1.8 m3.1 m1.4 m2.4 m(1.1 m)13 m

    Cash From Operating Activities

    (9.3 m)(9.1 m)(15.5 m)(21.1 m)(8.8 m)(7.6 m)(25.9 m)(20.2 m)(32.4 m)(21.9 m)(41.7 m)
      Y, 2017


      1.8 x


      0.2 x


      0.1 x

      Financial Leverage

      3.5 x
      Show all financial metrics

      Sorrento therapeutics Market Value History

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      Sorrento therapeutics Company Life and Culture

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