Biotechnology Shares of US drug develop Sutro Biopharma gained around 3% to $19.21 in early trading today, as the company announced an option agreement for Chinese firm BioNova Pharmaceuticals to develop and commercialize STRO-001, a CD74-targeting antibody-drug conjugate (ADC), for patients with hematologic cancers, in Greater China, including mainland China, Hong Kong, Macau and Taiwan. 12 October 2021