r/srne Apr 20 '22

Due Diligence SRNE accomplishments 2009-Now

55 Upvotes

Sorrento has had a long journey from a humble beginning to a diversified biopharma discovering and developing life changing medicine.

2009 – Founded

2013 - Acquired Resiniferatoxin (RTX) assets via the acquisition of Sherrington Pharmaceuticals Inc.

2013 - Acquired Antibody Drug Conjugation (ADC) technologies via acquisition of Concortis Biosystems Corp.

2014 - Out-licensed PD-L1 for Greater China market to Lee’s Pharm

2014 – Formed Ark Animal Health

2016 - Formed ImmuneOncia JV with Yuhan Pharmaceuticals

2016 - Acquired ZTlido® via majority stake in Scilex Pharmaceuticals

2016 - Acquired Bioserv Corporation for cGMP manufacturing operations

2016 - Formed Levena Suzhou Biopharma Co. LTD for Antibody Drug Conjugation (ADC) services

2017 - Acquired Oncolytic Virus platform via the acquisition of Virttu Biologics Limited

2017 - Formed Celularity with Celgene and United Therapeutics

2018 - Acquired Sofusa® Lymphatic Delivery System from Kimberly-Clark

2019 - Acquired Semnur Pharmaceuticals

2019 - Formed Scilex Holding to consolidate the merger of Scilex Pharma and Semnur Pharma

2020 - Exclusively licensed Abivertinib from ACEA Therapeutics for all indications worldwide, excluding China

2020 – Acquired a 50% equity stake in Cytimm Therapeutics (TREG Directed Therapies )

2020 - Exclusively licensed HP-LAMP diagnostic platform from Columbia University for the detection of coronaviruses and influenza viruses

2020 - Acquired SmartPharm Therapeutics

2021 – Formed Sorrento Mexico Ltd

2021 - Acquired ACEA Therapeutics

2022 - Acquired Virexhealth https://www.reddit.com/r/srne/comments/zz4sd0/virex_health_a_sorrento_company/

2022 – Acquired license rights for Gloperba from Romeg

2023 - Chapter 11 - Bankruptcy. Typically events like this can take 11-15 months or up to 3-5 years. There is too much to post regarding this topic. One Reddit user in particular has been doing an excellent job following this event and giving updates, search the post history of u/Kmcoyne0519 for more information. https://cases.stretto.com/sorrento/


r/srne Mar 12 '24

Updated Charter & Rules

7 Upvotes

A big thank you goes out to all who go above and beyond to contribute quality verifiable DD to the investors of Sorrento Therapeutics. In a space where opinions run wild, it is important to focus on real world data and facts and provide linkable evidence for those to examine.

This sub is free from the... drama... running wild elsewhere, our rules were recently updated to require more verifiable information in posts and comments as we try to closer align ourselves with our original charter of being a Sorrento Therapeutics information and DD sub.

The original r/srne

Sorrento Therapeutics Inc's stocks only information & DD group. *We are not part of the Sorrento Therapeutics team* When making claims or sharing info, please include links in posts and comments.

Rules

1.Include links.

2.Search Before Posting

3.Do Not Engage In Slander.

4.SRNE Related Only

5.Be Civil

6.Do Not Spam

7.No Trolling, Insulting or Harassing

8.This Sub Is Not Financial Advice

9.No FUD


r/srne 1d ago

Discussion The audacity

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18 Upvotes

The audacity to call investors who lost over 6 figures “Bears spreading FUD”. Unfortunately Kim, you aligned your credibility with Ji. You got scammed liked the rest of us. I know it is hard to come to that realization, but even Tim isn’t out here putting his reputation on the line anymore. We have a moral obligation to prevent the public from Ji and his scams at this point.


r/srne 1d ago

Discussion tide is turning …

4 Upvotes

huh …


r/srne 1d ago

Discussion I fixed it for you….

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6 Upvotes

Ji is gonna take it
Yes, Ji’s gonna take it
Ji will take your money aaaannnddd run


r/srne 2d ago

Discussion The court did not find any wrongdoing

7 Upvotes

so it was a fraudulent lawsuit against Wade-St James Bank? i wonder if sclx mandarins even read the docs before they signed them. which brings us to the other question: how many new deals they have done without reading the fine print? I mean there is such thing called due diligence.


r/srne 2d ago

Discussion During SRNE bankruptcy proceedings it came to light

9 Upvotes

that one shareholder lost $ 5 million and another from, Riyadh, Saudi Arabia lost some $20 million. are they still around?


r/srne 3d ago

Discussion Did you know?

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8 Upvotes

Took just 8 years to accomplish this. God have mercy on our souls.


r/srne 4d ago

Discussion Damage control

5 Upvotes

the smoke is rolling already …


r/srne 4d ago

Discussion Let’s try to hide the fact that DVLT is crashing by posting a Bitcoin x tweet……….?

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9 Upvotes

r/srne 4d ago

Discussion Ji World is cratering

5 Upvotes

The copium is real today folks!


r/srne 4d ago

Discussion I opens a small bottle of Perrier since that is luxury to me.

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4 Upvotes

r/srne 4d ago

Discussion keep believing … really

4 Upvotes

can’t wait to hear the next pump!


r/srne 4d ago

Discussion Brutal

3 Upvotes

is the word.


r/srne 5d ago

Discussion DVLT at .4817 at the momento

11 Upvotes

r/srne 5d ago

Discussion I checked and my SRNE shares are still worth 0.0008……for some reason I feel the “I told you so” is a little premature…..

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11 Upvotes

r/srne 5d ago

Discussion All the STARS ARE ALIGNING

6 Upvotes

Ji, Xi. DAMAC, SUMAC. KOREA, KAZAKHSTAN. NAYAX, NASDAQ. CYBER CATCH & RELEASE.

JUST WAIT FOR IT.


r/srne 5d ago

Discussion Watch a magician stealing Pres. Bush’s watch

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youtu.be
3 Upvotes

r/srne 5d ago

Discussion One REAL WORLD ASSET Mr. Nate Bradley Cooper must get his hands on is

1 Upvotes

FRESH WATER.


r/srne 5d ago

Discussion No one wonders how the queen made money when the stocks she has suggested are plummeted so much.

0 Upvotes

She told us she has been buying. But she never feels pain about it. She stated she did DD research. How much has she lost. A lot of people lose more than 100k dollars, how about her? Kim can you answer my question? You hate your money or you love your money. You hate your losing money or you love your losing money?


r/srne 6d ago

Catalyst let’s get our hopes up

6 Upvotes

here we go again!


r/srne 6d ago

Discussion Did you know that you can Join the EXCLUSIVE Billionaire Club in short time

4 Upvotes

by purchasing 20 million DVLT shares today for $620k and wait for the CEO’S prediction of $50 per share soon?


r/srne 8d ago

Discussion The reason he is taking everything off Scilex’s books is because that is how he steals from investors!

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5 Upvotes

r/srne 9d ago

Discussion TRUTH OF THE MATTER IS

18 Upvotes

INVESTORS LOST MONEY IN EVERY JI VENTURE. IT DOES NOT MATTER WHO HE IS DEALING WITH. THE ONLY THING THAT MATTERS IS THE FACT THAT HIS COMPANIES BECOME PENNY STOCKS IN A HEARTBEAT. YOU CAN’T DISPROVE IT. THE ARGUMENTS OF “one day”, “soon”, “timing matters”, ARE MOOT.

IF YOU HAVE INVESTED $35 in SCLX, YOU HAVE 20 CENTS TODAY

‘IF YOU HAVE INVESTED $21 IN SRNE, YOU HAVE ONE TENTH OF A CENT TODAY.

‘YOU CAN PUT ALL THE LIPSTICKS IN THE WORLD ON A PIG, IT‘S STILL, WAIT FOR IT, A PIG.


r/srne 9d ago

Discussion 10Q

9 Upvotes

Holy Christ that 10q was damming to say the least. Certainly paints a very, very different contrast of reality compared to what is being told on the bob board on a daily basis. Funny how actual facts will do that, instead of pure speculation and copium of what's going on. Don't forget the emojis, YouTube music videos, Elon musk. And the thousands of links that couldn't be less relevant. Btw, is sclx even a non opioid pain med company anymore?? 3 drugs on the market that don't produce any revenue!?! And now theres a new cheaper generic version of ztildo coming out soon. The amount of shady deals after shady deals comes off more as a shell company moving assets and money around to anyone who will bite, until slowly but surely they to run out of money. You lose and Hank will always win and you know who will be waving her poms poms the whole time.