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NASDAQ:SONN

Sonnet BioTherapeutics Q3 2024 Earnings Report

Sonnet BioTherapeutics EPS Results

Actual EPS
-$5.60
Consensus EPS
-$6.08
Beat/Miss
Beat by +$0.48
One Year Ago EPS
N/A

Sonnet BioTherapeutics Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

Sonnet BioTherapeutics Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
Conference Call Date
Wednesday, August 14, 2024
Conference Call Time
7:00AM ET

Sonnet BioTherapeutics Earnings Headlines

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About Sonnet BioTherapeutics

Sonnet BioTherapeutics (NASDAQ:SONN) is a clinical-stage biotechnology company dedicated to developing innovative cytokine-based therapeutics for oncology and autoimmune disorders. The company’s platform centers on engineering human cytokines, notably interleukin-2 and related molecules, fused to carrier proteins such as human serum albumin. This design aims to extend circulating half-life, enhance tumor localization, and minimize systemic toxicity compared with traditional cytokine therapies.

Sonnet’s lead pipeline candidates are in early-phase clinical trials for the treatment of solid tumors, where the company seeks to demonstrate improved efficacy and safety. In parallel, Sonnet is advancing preclinical immunocytokine programs targeting specific aspects of the tumor microenvironment to further leverage its fusion protein technology across multiple cancer indications.

Headquartered in San Diego, California, Sonnet BioTherapeutics conducts research and development operations in the United States. The management team comprises seasoned industry professionals with expertise in immuno-oncology, biologics development, and clinical strategy, positioning the company to progress its pipeline toward later-stage trials and potential partnerships.

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