Replies to post #11042 on Sorrento Therapeutics Inc (SRNE)

[1776club]

Yup.

[1776club]

Here is the thingy.
I believe what you are seeing in this term sheet is a altruistic investment by Sorrento. The profits from this will be small but getting the poor and disadvantaged of the world vaccinated does not impact their other offerings or even their possible COVID Vaccine, STI mRNA Vaccine: mRNAs Encode SARS-CoV-2 Variant Spike Proteins.
It fits their "Who We ARE" statement "We apply cutting-edge science to create innovative therapies that will improve the lives of those who suffer from cancer, intractable pain and COVID-19.
I give them high marks for this. Looking forward to giving them high marks for bringing an important life saving, life extending drug to market that is high volume, profitable and rewards their shareholders for funding them to be able to do it.