Financial StabilityThe restructuring extends the cash runway into at least the fourth quarter of 2026, allowing Sutro to focus on its pipeline of preclinical next-gen ADCs.
Partnerships And CollaborationsSutro Biopharma partnered ROR1 ADC STRO-003 with Ipsen and is developing two immunostimulatory ADCs with Astellas, which could bring in over $1.6 billion in milestones plus royalties.
Preclinical DataSutro Biopharma presented positive preclinical data for STRO-004, showing potent antitumor activity in several cancer models and a wider therapeutic window compared to first-generation TF ADCs.