Friday, January 15, 2021 2:09:22 PM
1. ACEA aquisition. Sorrento already has the rights for Abivirtinib outside of China. But the China rights to Abivertinib and worldwide rights to a phase 2 ready lupus drug would be attractive.
2. Interim results of phase 2 trials of Abivirtinib in the US and Brazil in the anti cytokine storm indication. Abivertinib already has some very worthwhile results in Phase 3 against NSCLC and phase 2 against B cell lymphomas. Will it also be useful against cytokine storm caused by Covid, pneumonia , burns etc? Will it receive an EUA?
3. EUA for Covi-Stix in US and Mexico. Rapid, low cost, 98/99% accurate, shallow nasal swab test could fill multi-billion worldwide medical need.
Combined with the growing value of the Celularity and ImmunoBio investments and very likely large settlement of PSS lawsuit...Sorrento's great portfolio in Covid, cancer and non-opioid pain will all be nicely financed with several blockbusters hitting the market this year!
"The refusal of the real is the number one dogma of our time" Rene Girard
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