Sonnet BioTherapeutics Holdings ( (SONN) ) just unveiled an announcement.
On March 19, 2025, Sonnet BioTherapeutics announced that the USPTO issued a Notice of Allowance for a second patent in the IL-18 variant protein field, covering the amino acid sequence of its variant human IL-18BPR protein. This patent strengthens Sonnet’s intellectual property position and opens potential licensing opportunities independent of its FHAB platform. The company has developed two novel drug candidates, SON-1411 and SON-1400, which incorporate the IL-18BPR variant to potentially enhance cancer treatment by targeting tumor microenvironments.
More about Sonnet BioTherapeutics Holdings
Sonnet BioTherapeutics Holdings, Inc. is an oncology-focused biotechnology company that develops targeted biologic drugs with single or bifunctional action using its proprietary Fully Human Albumin-Binding (FHAB) platform. This technology is designed to target tumor and lymphatic tissue, enhancing the safety and efficacy of immune-modulating biologic drugs.
YTD Price Performance: -13.12%
Average Trading Volume: 159,561
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $4.26M
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