Sorrento Therapeutics Inc (SRNE): We received a press release promising a...

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dia76ca

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Thursday, 01/13/2022 5:36:15 PM

Thursday, January 13, 2022 5:36:15 PM

We received a press release promising a Conference call and a new presentation this week.
We received neither!
What is going on?
We can only guess, but my guess is that Dr.Ji is caught up in Merger and Acquisition discussions. Ever since the ABIVERTINIB "teaser" news release we have only had minimal news release activity. Any ABIVERTINIB deal will be very big. And if those discussions expanded into a larger Cancer,Covid and Pain partnership...no wonder there are delays!
It is 6 1/2 months since Sorrento said they were seeking an ABIVERTINIB centered partnership. If Sorrento is looking at term sheets from several portfolio hungry BP's any news should be outstanding for Sorrento investors IMO!

"The refusal of the real is the number one dogma of our time" Rene Girard

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