Sorrento Stock Deal Emerges Days Before It Runs Out of Cash

Sorrento Therapeutics Inc., which filed for bankruptcy in February after suffering shortseller attacks for prematurely saying it had developed a cure for Covid-19, received court approval to sell a major stake in its publicly traded subsidiary. #press

https://www.bloomberg.com/news/articles/2023-09-12/sorrento-stock-deal-emerges-days-before-it-runs-out-of-cash?utm_source=press.coop

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