Sorrento Therapeutics To Start Testing DAR-T Cell Therapy In Multiple Myeloma Patients


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  • The FDA has signed off Sorrento Therapeutics Inc's (NASDAQ:SRNE) IND application for the Phase 1 clinical testing of its allogeneic anti-CD38 Dimeric Antigen Receptor (DAR)-T Cell therapy for relapsed or refractory multiple myeloma. 
  • DAR-T technology is readily adaptable to dozens of cancer targets, and Sorrento has developed a preclinical product pipeline with specific fully human antibodies discovered from Sorrento's G-MAB library. 
  • Sorrento expects to file additional IND applications now that the first DAR-T Phase 1 trial has been cleared to proceed by the FDA.
  • Price Action: SRNE shares are up 2.98% at $8.47 during the market session on the last check Monday.
  • Related content: Benzinga's Full FDA Calendar

27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: BiotechLong IdeasNewsHealth CareFDATrading IdeasGeneralBriefsmultiple myeloma