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Sonnet BioTherapeutics
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Country
U.S.A
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Address
100 Overlook Center Second Floor Princeton, NJ 08540
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609-375-2227

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SON-080 is a low dose recombinant human interleukin-6 (rhIL-6), which is currently being evaluated for the treatment of chemotherapy-induced peripheral neuropathy.


Lead Product(s): Recombinant Human Interleukin-6

Therapeutic Area: Neurology Product Name: SON-080

Highest Development Status: Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 11, 2024

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Sonnet anticipates using the net proceeds from the offering for research and development, including SON-1010 (IL12-FHAB), a proprietary version of native human IL-12, configured using Sonnet's fully human albumin binding (FHAB®) platform.


Lead Product(s): IL12-FHAB,Atezolizumab

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Chardan

Deal Size: $4.5 million Upfront Cash: Undisclosed

Deal Type: Public Offering October 25, 2023

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SON-1010 (IL12-FHAB), a proprietary version of IL-12, under development of solid tumors. In POC studies indicated that mIL12-FHAB had significantly higher tumor accumulation, 2.5-4.7 times higher on average at the longer time points, and increased retention when compared to mIL-12.


Lead Product(s): IL12-FHAB

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 20, 2023

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SON-1010 is a proprietary version of recombinant human Interleukin 12, configured using the FHAB technology that targets tumor and lymphatictissue, which is being investigated with a fixed dose of atezolizumab for the treatment of platinum-resistant ovarian cancer.


Lead Product(s): SON-1010,Atezolizumab

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: F. Hoffmann-La Roche

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable August 16, 2023

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The Company intends to use the net proceeds for research and development, including its lead product SON-1010, a proprietary version of native human IL-12, under development for the treatment of solid tumors.


Lead Product(s): SON-1010

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Chardan Capital Markets

Deal Size: $2.2 million Upfront Cash: Undisclosed

Deal Type: Public Offering June 28, 2023

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SON-1010 is a proprietary version of recombinant human Interleukin 12 (IL-12), configured using the FHAB technology that targets tumor and lymphatictissue, which is investigated for the treatment of patients with advanced solid tumors.


Lead Product(s): IL12-FHAB,Atezolizumab

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable June 20, 2023

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Details:

SON-1010 is a proprietary version of recombinant human Interleukin 12 (IL-12), configured using the FHAB technology that targets tumor and lymphatictissue.


Lead Product(s): IL12-FHAB

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 14, 2023

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Net proceeds will be used by Lirum primarily to advance its clinical and preclinical studies and development of lead candidate SON-080, for working capital, and to potentially expand its product candidate pipeline.


Lead Product(s): SON-080

Therapeutic Area: Neurology Product Name: SON-080

Highest Development Status: Phase I/ Phase IIProduct Type: Large molecule

Partner/Sponsor/Collaborator: Chardan

Deal Size: $15.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering February 08, 2023

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SON-1010 is a immunotherapeutic recombinant drug that links unmodified singlechain human IL-12 with the albumin-binding domain. It delivers IL-12 to local tumor tissue and stimulates IFNg, which activates immune cells and increases the production of PD-L1 on tumor cells.


Lead Product(s): IL12-FHAB

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 19, 2023

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SON-1010 (IL12-FHAB) is a candidate immunotherapeutic recombinant drug that links unmodified single-chain human IL-12 with the albumin-binding domain of the single-chain antibody fragment A10m3.


Lead Product(s): IL12-FHAB

Therapeutic Area: Oncology Product Name: SON-1010

Highest Development Status: Phase IProduct Type: Large molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable November 02, 2022

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