Sutro Biopharma

NASDAQ STRO

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Sutro Biopharma Market Capitalization on June 03, 2024: USD 335.36 M

Sutro Biopharma Market Capitalization is USD 335.36 M on June 03, 2024, a 10.73% change year over year. Market capitalization is a financial metric that represents the total value of a publicly traded company. It is calculated by multiplying the current share price of a company by the total number of outstanding shares. Market capitalization is used to assess the size and relative value of a company in the stock market. It provides investors with an idea of the company's overall worth and is often used as a basis for comparing companies within the same industry or sector. A higher market capitalization generally indicates a larger, more established company.
  • Sutro Biopharma 52-week high Market Capitalization is USD 391.53 M on April 03, 2024, which is 16.75% above the current Market Capitalization.
  • Sutro Biopharma 52-week low Market Capitalization is USD 213.84 K on March 20, 2024, which is -99.94% below the current Market Capitalization.
  • Sutro Biopharma average Market Capitalization for the last 52 weeks is USD 256.12 M.
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 16, 2024

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