Sonnet Biotherapeutics Holdings Inc

SONN

$0.86

Closing

▼-1.31%

1D

▼-50.57%

YTD

SONN

BBG001SJ3JN5

Market cap

$4.32M

52 week high

$3.97

52 week low

$0.63

Volume

2,183

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Market cap

$4.32M

Analysts' Rating

STRONG BUY

Price Target (Mean)

18.50

Total Analysts

3

P/E

Operating Margin

0.00%

Beta

0.42

Revenue Growth

-100.00%

52 week high

$3.97

52 week low

$0.63

Div. Yield

%

EPS Growth

-1100.00

Company Profile

Sonnet BioTherapeutics Holdings, Inc. is a clinical-stage, oncology-focused biotechnology company with a proprietary platform for biologic medicines of single-or bifunctional action. Its technology, namely Fully Human Albumin Binding (FHAB), utilizes a fully human single chain antibody fragment that binds to and hitch-hikes on human serum albumin for transport to target tissues. It designed the FHAB construct to improve drug accumulation in tumors, and to extend the duration of activity in the body. Its lead asset, SON-1010, is a fully human single-chain version of Interleukin 12, covalently linked to the FHAB construct, for which it is pursuing clinical development in solid tumors. Its lead clinical stage asset, SON-080, is the native human version of IL-6 that is manufactured in Chinese Hamster Ovary cells. SON-080, for its target indications of Chemotherapy-Induced Peripheral Neuropathy and Diabetic Peripheral Neuropathy. Its pipeline also includes SON-1210, SON-1410 and SON-3015.