Sutro Biopharma

NASDAQ STRO

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Sutro Biopharma Retained Earnings To Equity Ratio 1 year YoY Change (%) for the quarter ending March 31, 2024: -132.41%

Sutro Biopharma Retained Earnings To Equity Ratio 1 year YoY Change (%) is -132.41% for the quarter ending March 31, 2024, a -119.30% change year over year. The retained earnings to equity ratio measures the proportion of a company's retained earnings to its shareholders' equity. It is calculated by dividing the retained earnings by the shareholders' equity. This ratio provides insights into the company's reinvestment of earnings and the level of retained profits relative to shareholders' equity. A higher ratio suggests a higher proportion of earnings being retained for reinvestment or future distribution to shareholders. The measure "Change (%)" refers to the percentage change in the value of a financial metric between two time points. This measure provides a relative perspective on the magnitude of change.
  • Sutro Biopharma Retained Earnings To Equity Ratio for the quarter ending March 31, 2023 was -2.71, a -60.38% change year over year.
  • Sutro Biopharma Retained Earnings To Equity Ratio for the quarter ending March 31, 2022 was -1.69, a -101.19% change year over year.
  • Sutro Biopharma Retained Earnings To Equity Ratio for the quarter ending March 31, 2021 was -0.84, a 67.97% change year over year.
  • Sutro Biopharma Retained Earnings To Equity Ratio for the quarter ending March 31, 2020 was -2.62, a -129.55% change year over year.
NASDAQ: STRO

Sutro Biopharma

CEO Mr. William J. Newell J.D.
IPO Date Sept. 27, 2018
Location United States
Headquarters 111 Oyster Point Boulevard, South San Francisco, CA, United States, 94080
Employees 300
Sector Healthcare
Industry Biotechnology
Description

Sutro Biopharma, Inc. operates as a clinical-stage oncology company. The company develops site-specific and novel-format antibody drug conjugates (ADCs) that enables its proprietary integrated cell-free protein synthesis platform, XpressCF and XpressCF+. Its product candidates include STRO-002, an ADC directed against folate receptor-alpha, which is in Phase II/III clinical trials for patients with ovarian and endometrial cancers; VAX-24 and Vax-31 pneumococcal conjugate vaccine candidates that is in Phase II/III clinical trials for the treatment of invasive pneumococcal disease; and MK-1484, a distinct cytokine derivative molecule that is in Phase I clinical study for the treatment of cancer. The company's pre-clinical product candidates include STRO-003, an ADC directed against an anti-receptor tyrosine kinase-like orphan receptor 1 (ROR1) for the treatment of solid tumors and hematological cancers; and STRO-004, a tissue factor (TF) targeting ADC for the treatment of TF-expressing solid tumors, including cervical, lung, and breast cancer. Sutro Biopharma, Inc. has collaboration and license agreements with Merck Sharp & Dohme Corporation to develop research programs focusing on cytokine derivatives for cancer and autoimmune disorders; Vaxcyte to discover and develop vaccine candidates for the treatment or prophylaxis of infectious diseases; Tasly Biopharmaceuticals Co., Ltd. to develop and commercialize STRO-002 in Greater China; EMD Serono to develop ADCs for multiple cancer targets; and Astellas Pharma Inc. to develop immunostimulatory ADC. The company was formerly known as Fundamental Applied Biology, Inc. Sutro Biopharma, Inc. was incorporated in 2003 and is headquartered in South San Francisco, California.

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StockViz Staff

September 19, 2024

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