On September 21, 2020 Sutro Biopharma, Inc. (NASDAQ: STRO), a clinical-stage drug discovery, development and manufacturing company reported that it has been recognized as Best New Drug Developer at the World ADC Digital Awards, held during the World ADC Digital Event (Press release, Sutro Biopharma, SEP 21, 2020, View Source [SID1234565458]).
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"We are honored to receive the World ADC Best New Drug Developer Award," said Bill Newell, Sutro’s Chief Executive Officer. "The award recognizes our three innovative clinical development candidate ADCs. STRO-001 and STRO-002 are currently in Phase 1 clinical studies and CC-99712 is under investigation in a Phase 1b/2 clinical trial by our partner Bristol Myers Squibb. We are encouraged by our emerging and promising clinical data and the patient benefit that these product candidates may offer."
Our unique, rapid and precise protein engineering technology is focused on the design and manufacture of homogeneous potential best-in-class oncology therapeutics. In addition to the three clinical candidates, two more are projected to enter the clinic in 2021. "The presentation of this award to Sutro is particularly pleasing given that it represents recognition by some of the most talented professionals in the biopharmaceutical industry. It is a tribute to the innovation, commitment and contributions of our talented Sutro team," said Dr. Trevor Hallam, Sutro’s Chief Scientific Officer.
The World ADC Awards showcases companies, teams and individuals in the industry, across 9 categories, at the forefront of cancer research today. Finalists and winners were shortlisted from over 1,000 votes cast and each submission was evaluated by a panel of seven judges.