• Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Quantisnow Logo
  • Live Feeds
    • Press Releases
    • Insider Trading
    • FDA Approvals
    • Analyst Ratings
    • Insider Trading
    • SEC filings
    • Market insights
  • Analyst Ratings
  • Alerts
  • Subscriptions
  • Settings
  • RSS Feeds
Dashboard
    Quantisnow Logo

    © 2025 quantisnow.com
    Democratizing insights since 2022

    Services
    Live news feedsRSS FeedsAlerts
    Company
    AboutQuantisnow PlusContactJobs
    Legal
    Terms of usePrivacy policyCookie policy

    Sutro Biopharma Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

    5/8/25 4:28:08 PM ET
    $STRO
    Biotechnology: Biological Products (No Diagnostic Substances)
    Health Care
    Get the next $STRO alert in real time by email
    8-K
    0001382101false00013821012025-05-082025-05-08

     

     

    UNITED STATES

    SECURITIES AND EXCHANGE COMMISSION

    Washington, D.C. 20549

     

    FORM 8-K

     

    CURRENT REPORT

    Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

    Date of Report (Date of earliest event reported): May 8, 2025

     

    SUTRO BIOPHARMA, INC.

    (Exact name of registrant as specified in its charter)

     

     

    Delaware

    001-38662

    47-0926186

    (State or other jurisdiction

    of Incorporation)

    (Commission

    File Number)

    (IRS Employer

    Identification No.)

     

    111 Oyster Point Blvd,

    South San Francisco, California, 94080

    (Address of principal executive offices) (Zip Code)

    (650) 881-6500

    (Registrant’s telephone number, including area code)

    Not Applicable

    (Former name or former address, if changed since last report)

     

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

    Securities registered pursuant to Section 12(b) of the Act:

     

    Title of each class

     

    Trading Symbol(s)

     

    Name of each exchange on which registered

    Common Stock, $0.001 par value

     

    STRO

     

    The Nasdaq Global Market

    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

    Emerging growth company ☐

    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

     

     


     

    Item 2.02. Results of Operations and Financial Condition.

    On May 8, 2025, Sutro Biopharma, Inc. (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2025. A copy of the press release is attached as Exhibit 99.1 to this report.

    The information furnished with Item 2.02 of this report, including Exhibit 99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Exchange Act or under the Securities Act of 1933, as amended (the “Securities Act”), except as expressly set forth by specific reference in such a filing.

    Item 9.01. Financial Statements and Exhibits

     

    (d) Exhibits.

    Exhibit
    No.

    Description

     

     

    99.1

    Press release issued by Sutro Biopharma, Inc. regarding its financial results for the period ended March 31, 2025, dated May 8, 2025.

    104

     

    Cover Page Interactive Data File (embedded within the Inline XBRL document).

     

     


     

    SIGNATURE

    Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

     

    Sutro Biopharma, Inc.

    Date: May 8, 2025

    By:

    /s/ Edward Albini

    Edward Albini

    Chief Financial Officer

     

     


    Get the next $STRO alert in real time by email

    Chat with this insight

    Save time and jump to the most important pieces.

    Recent Analyst Ratings for
    $STRO

    DatePrice TargetRatingAnalyst
    3/17/2025Buy → Neutral
    H.C. Wainwright
    3/14/2025Mkt Outperform → Mkt Perform
    Citizens JMP
    3/14/2025$8.00 → $2.00Outperform → Neutral
    Wedbush
    3/14/2025$11.00 → $1.00Buy → Underperform
    BofA Securities
    5/8/2024$12.00Buy
    BofA Securities
    11/9/2023$12.00Buy
    Deutsche Bank
    10/6/2023$10.00Outperform
    Oppenheimer
    3/21/2023$15.00 → $8.00Overweight → Equal Weight
    Wells Fargo
    More analyst ratings

    $STRO
    Press Releases

    Fastest customizable press release news feed in the world

    See more
    • Sutro Biopharma Reports First Quarter 2025 Financial Results and Business Highlights

      - Sharpened product candidate focus on its next-generation ADC portfolio, following strategic review and pipeline reprioritization - - Promising preclinical results with STRO-004 and dual-payload ADC, as well as STRO-006 programs presented at AACR 2025 and PEGS, respectively - - Three INDs for wholly-owned programs anticipated in next 3 years, beginning with potential best-in-class Tissue Factor ADC, STRO-004, planned for 2H 2025 - - IND-enabling toxicology study ongoing for one program within Astellas iADC collaboration, triggering $7.5 million milestone payment to Sutro - - Cash, cash equivalents and marketable securities as of March 31, 2025 of $249.0 million, with cas

      5/8/25 4:31:42 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma to Participate in Upcoming Investor Conferences

      SOUTH SAN FRANCISCO, Calif., May 01, 2025 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ:STRO), an oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today announced that management will participate in two upcoming investor conferences. Conference Details: The Citizens Life Sciences ConferenceDate: May 7-8, 2025Location: New York, NY BofA Securities 2025 Health Care ConferenceDate: May 13-15, 2025Location: Las Vegas, NV Webcasts of the presentations will be accessible through the News & Events page of the Investor Relations section of the Company's website at www.sutrobio.com. Archived replays will be available

      5/1/25 4:05:00 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma to Highlight its Next-Generation Exatecan and Dual-Payload ADC Programs in Presentations at AACR 2025

      SOUTH SAN FRANCISCO, Calif., April 28, 2025 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ:STRO), an oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today announced poster presentations at the upcoming 2025 American Association for Cancer Research (AACR) Annual Meeting, taking place April 25-30 in Chicago, IL. The presentations will cover preclinical activity and safety data for STRO-004, the Company's novel exatecan Tissue Factor ADC, as well as showcase the unique advantages of Sutro's XpressCF+® platform in enabling precise and efficient development of dual-payload ADCs. "We are excited to share our progress advancin

      4/28/25 4:05:00 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $STRO
    Insider Trading

    Insider transactions reveal critical sentiment about the company from key stakeholders. See them live in this feed.

    See more
    • CHIEF PEOPLE & COMM. OFFICER Fitzpatrick Linda A converted options into 37,849 shares and covered exercise/tax liability with 13,538 shares, increasing direct ownership by 25% to 119,744 units (SEC Form 4)

      4 - SUTRO BIOPHARMA, INC. (0001382101) (Issuer)

      5/5/25 5:48:20 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • CHIEF TECH OP OFFICER Srinivasan Venkatesh converted options into 2,500 shares and covered exercise/tax liability with 894 shares, increasing direct ownership by 3% to 53,686 units (SEC Form 4)

      4 - SUTRO BIOPHARMA, INC. (0001382101) (Issuer)

      5/5/25 5:46:19 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • CHIEF MEDICAL OFFICER Borgman Anne Elizabeth covered exercise/tax liability with 24,709 shares and converted options into 69,063 shares, increasing direct ownership by 84% to 97,452 units (SEC Form 4)

      4 - SUTRO BIOPHARMA, INC. (0001382101) (Issuer)

      5/5/25 5:45:10 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $STRO
    Analyst Ratings

    Analyst ratings in real time. Analyst ratings have a very high impact on the underlying stock. See them live in this feed.

    See more
    • Sutro Biopharma downgraded by H.C. Wainwright

      H.C. Wainwright downgraded Sutro Biopharma from Buy to Neutral

      3/17/25 8:19:45 AM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma downgraded by Citizens JMP

      Citizens JMP downgraded Sutro Biopharma from Mkt Outperform to Mkt Perform

      3/14/25 7:42:27 AM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma downgraded by Wedbush with a new price target

      Wedbush downgraded Sutro Biopharma from Outperform to Neutral and set a new price target of $2.00 from $8.00 previously

      3/14/25 7:41:51 AM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $STRO
    Large Ownership Changes

    This live feed shows all institutional transactions in real time.

    See more
    • Amendment: SEC Form SC 13G/A filed by Sutro Biopharma Inc.

      SC 13G/A - SUTRO BIOPHARMA, INC. (0001382101) (Subject)

      11/14/24 7:54:45 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Amendment: SEC Form SC 13G/A filed by Sutro Biopharma Inc.

      SC 13G/A - SUTRO BIOPHARMA, INC. (0001382101) (Subject)

      11/14/24 4:30:53 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Amendment: SEC Form SC 13G/A filed by Sutro Biopharma Inc.

      SC 13G/A - SUTRO BIOPHARMA, INC. (0001382101) (Subject)

      11/13/24 4:30:25 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $STRO
    Financials

    Live finance-specific insights

    See more
    • Sutro Biopharma Reports Full Year 2024 Financial Results and Business Highlights

      – Sutro announced a strategic portfolio review resulting in prioritization of wholly-owned next-generation ADC programs; Key management changes announced as part of transition – – Cash, cash equivalents and marketable securities as of December 31, 2024 of $316.9 million, with cash runway expected into at least Q4 2026, excluding anticipated milestones from existing collaborations – – Conference call today at 2:00 p.m. PT / 5:00 p.m. ET – SOUTH SAN FRANCISCO, Calif., March 13, 2025 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ:STRO), an oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today reported its financial resu

      3/13/25 4:07:00 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma Announces Strategic Portfolio Review Resulting in the Prioritization of its Next-Generation ADC Pipeline

      – Sutro will rapidly advance next-generation exatecan and dual-payload ADC programs; luveltamab tazevibulin development to be deprioritized as Sutro continues to seek a partner – – Three INDs for wholly-owned programs expected in the next 3 years, beginning with novel Tissue Factor ADC, STRO-004, planned for 2H 2025 – – Jane Chung, President and COO, to succeed Bill Newell as CEO and Board Director – – Cash, cash equivalents and marketable securities as of December 31, 2024 of $316.9 million, with cash runway expected into at least Q4 2026, excluding anticipated milestones from existing collaborations – – Conference call today at 2:00 p.m. PT/ 5:00 p.m. ET – SOUTH SAN FRANCISCO, Calif

      3/13/25 4:05:00 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma to Provide Data Update on STRO-002 and Plans for Registrational Path Forward in Advanced Ovarian Cancer

      - Conference call and webcast to be held on Monday, January 9, 2023 at 1:30 pm PT, or 4:30 pm ET - SOUTH SAN FRANCISCO, Calif., Dec. 21, 2022 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ:STRO), a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today announced it will host a conference call and webcast to present data from its Phase 1 dose-expansion trial and a registrational path forward for STRO-002, an ADC being developed for the treatment of advanced ovarian cancer. In addition to members of the Sutro management team, the call will feature Dr. R. Wendel Naumann, Investigator in the STRO-002-GM1 stud

      12/21/22 8:00:00 AM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $STRO
    SEC Filings

    See more
    • SEC Form 10-Q filed by Sutro Biopharma Inc.

      10-Q - SUTRO BIOPHARMA, INC. (0001382101) (Filer)

      5/8/25 4:30:22 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma Inc. filed SEC Form 8-K: Results of Operations and Financial Condition, Financial Statements and Exhibits

      8-K - SUTRO BIOPHARMA, INC. (0001382101) (Filer)

      5/8/25 4:28:08 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • SEC Form DEFA14A filed by Sutro Biopharma Inc.

      DEFA14A - SUTRO BIOPHARMA, INC. (0001382101) (Filer)

      4/25/25 4:33:08 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care

    $STRO
    Leadership Updates

    Live Leadership Updates

    See more
    • Sutro Biopharma Reports Second Quarter 2024 Financial Results, Business Highlights and Select Anticipated Milestones

      - Sutro will present updated data from the ongoing Phase 1b study of luvelta in combination with bevacizumab in a poster presentation at ESMO 2024; expansion study is ongoing with data expected in the first half of 2025 - - REFRαME-O1 Part 2 (randomized portion) of the Phase 3 trial of luvelta for treatment of platinum-resistant ovarian cancer (PROC) is underway - - REFRαME-P1, a registration-enabling trial of luvelta for pediatric patients with CBFA2T3::GLIS2 (CBF/GLIS; RAM phenotype) AML, is expected to be initiated in the second half of 2024 - - A Phase 2 trial of luvelta for the treatment of NSCLC is expected to initiate in the second half of 2024, with initial data expect

      8/13/24 4:30:00 PM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma Appoints Dr. Barbara Leyman as Chief Business Development Officer

      SOUTH SAN FRANCISCO, Calif., July 09, 2024 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ:STRO), a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today announced the appointment of Barbara Leyman, Ph.D., as Chief Business Development Officer, effective July 8, 2024. Dr. Leyman brings 20 years of life science industry business development, investing, and corporate strategy experience to Sutro. "We are thrilled to welcome Dr. Leyman at a pivotal time for Sutro, as we advance luvelta in two registration-directed trials in both ovarian cancer and a rare pediatric cancer and continue to leverage our proprieta

      7/9/24 8:00:00 AM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care
    • Sutro Biopharma Appoints Dr. Hans-Peter Gerber as Chief Scientific Officer

      SOUTH SAN FRANCISCO, Calif., Sept. 19, 2023 (GLOBE NEWSWIRE) -- Sutro Biopharma, Inc. (Sutro or the Company) (NASDAQ:STRO), a clinical-stage oncology company pioneering site-specific and novel-format antibody drug conjugates (ADCs), today announced the appointment of Hans-Peter Gerber, Ph.D., as Chief Scientific Officer, effective September 18, 2023. Dr. Gerber brings over 25 years of drug discovery and development experience to Sutro, with extensive scientific background and expertise in ADCs, targeted oncology, and novel biotherapeutic platforms. "Dr. Gerber's deep experience in the development of ADCs and other novel therapeutics make him an invaluable addition to our management team

      9/19/23 8:00:00 AM ET
      $STRO
      Biotechnology: Biological Products (No Diagnostic Substances)
      Health Care