Sorrento Therapeutics Inc (SRNE)

[dia76ca]

On November 29, 2021 Sorrento published a "Teaser" to be used in partnering talks focused on Abivertinib "...a Broad Pipeline for Cancer, COVID-19 and autoimmune diseases ($61 B market)".

This should be no surprise to anyone as on June 2, 2021 Sorrento stated that it would seek "....major global partnership(s) to co-develop and co-commercialize Abivertinib."

What should be apparent to all shareholders is that any Big Pharma interested in a global partnership focused on Abivertinib, would also be interested in a global partnership involving Sorrento's entire Cancer, COVID-19, autoimmune and non-opioid pain portfolios.

I look for any partnership(s) to be a signal as to who will eventually buyout Sorrento! Merck, Pfizer, J and J ... every Big Pharma with declining pipelines would love to have the inside track to acquire Sorrento. Look for a multi-Billion upfront payment followed by multi-Billion milestones and double digit royalties and co-development and co-commercialization.

THIS IS A BIG DEAL!