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SUTRO BIOPHARMA, INC.

(STRO)
  Report
Real-time Estimate Cboe BZX  -  03:24 2022-12-09 pm EST
7.450 USD   -5.46%
11/23Sutro Biopharma to Participate in Upcoming Investor Conferences
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11/09Transcript : Sutro Biopharma, Inc. Presents at Credit Suisse 31st Annual Healthcare Conference, Nov-09-2022 08:35 AM
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11/09HC Wainwright Cuts Price Target on Sutro Biopharma to $20 From $30, Affirms Buy Rating
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Sutro Biopharma to Present at the 2022 Wells Fargo Healthcare Conference

09/01/2022 | 07:01am EST

SOUTH SAN FRANCISCO, Calif., Sept. 01, 2022 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ: STRO), a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today announced that Bill Newell, Chief Executive Officer, will present at the 2022 Wells Fargo Healthcare Conference on Friday, September 9, 2022, at 10:25 a.m. ET / 7:25 a.m. PT in Boston.

The presentation will be accessible through the News & Events page of the Investor Relations section of the company’s website at www.sutrobio.com. An archived replay will be available for at least 30 days after the event.

About Sutro Biopharma

Sutro Biopharma, Inc., headquartered in South San Francisco, is a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs). Sutro has two wholly owned ADCs in the clinic—STRO-002, a folate receptor alpha (FolRα)-targeting ADC, in clinical studies for ovarian and endometrial cancers; and STRO-001, a CD74-targeting ADC, in clinical studies for B-cell malignancies. Additionally, Sutro is collaborating with Bristol Myers Squibb (BMS) on CC-99712, a BCMA-targeting ADC in the clinic for patients with multiple myeloma; with Merck KGaA, Darmstadt, Germany, known as EMD Serono in the U.S. and Canada (EMD Serono), on M1231, a MUC1-EGFR bispecific ADC in clinical studies for patients with solid tumors, particularly non-small cell lung cancer (NSCLC) and esophageal squamous cell carcinoma; with Merck, known as MSD outside of the United States and Canada, on MK-1484, a selective IL-2 agonist in clinical studies as a monotherapy and in combination with pembrolizumab for the treatment of solid tumors; and with Astellas Pharma (Astellas) on novel modality, immunostimulatory antibody-drug conjugates (iADCs). Sutro’s platform technology also enabled the spin out of Vaxcyte and the creation of VAX-24, a 24-valent pneumococcal conjugate vaccine in clinical studies for the prevention of invasive pneumococcal disease. Sutro’s rational design and precise protein engineering has enabled six product candidates in the clinic. Follow Sutro on Twitter, @Sutrobio, and at www.sutrobio.com to learn more about our passion for changing the future of oncology.

Investor Contact
Annie J. Chang
Sutro Biopharma
(650) 801-5728
ajchang@sutrobio.com

Media Contact
Amy Bonanno
Solebury Strategic Communications
(914) 450-0349
abonanno@soleburystrat.com


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Source: Sutro Biopharma, Inc.

2022 GlobeNewswire, Inc., source Press Releases

All news about SUTRO BIOPHARMA, INC.
11/23Sutro Biopharma to Participate in Upcoming Investor Conferences
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11/09Transcript : Sutro Biopharma, Inc. Presents at Credit Suisse 31st Annual Heal..
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11/09HC Wainwright Cuts Price Target on Sutro Biopharma to $20 From $30, Affirms Buy Rating
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Financials (USD)
Sales 2022 66,7 M - -
Net income 2022 -126 M - -
Net cash 2022 166 M - -
P/E ratio 2022 -3,15x
Yield 2022 -
Capitalization 453 M 453 M -
EV / Sales 2022 4,30x
EV / Sales 2023 7,14x
Nbr of Employees 259
Free-Float 94,3%
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Mean consensus BUY
Number of Analysts 9
Last Close Price 7,88 $
Average target price 21,38 $
Spread / Average Target 171%
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Managers and Directors
William J. Newell President, Chief Executive Officer & Director
Edward C. Albini Chief Financial Officer & Secretary
Connie L. Matsui Chairman
Henry Heinsohn Vice President-Technology & Innovation
Trevor Hallam Chief Scientific Officer & President-Research
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