co-founder chairman, president and ceo of sorrento therapeutics.or more about the company and the profits they're making, dr. ji, welcome to "mad money. >> boo-yah, jim. thank you very much, from san diego. >> thank you so much, sir, it's great to see you so tell us where you are on the progress i know you've made a couple of announcements and if these things pan out they could be in the arsenal of what we can use against this disease >> yes, from the beginning of the year we tried to search or design a potent antidote against covid-19, so there is many approaches to it, and one of them is neutralizing the antibody we have one of the most powerful st1499 anti-body from our human antibody library, one out of the billion, and we screen, we test it in the healthy monkey cells and that prevents the viral infection completely and we designed from the early of this year the protein using human receptor for the virus, which is the ace 2 receptor that receptor has become a decoy, when you separate from the cells on a cell and we designed it and synthesize

people tossed tested positive and one person who attended the event with juniors and seniors from sorrento school district positive >> it will get worse before it gets better. the concerning number. it's very hard to make predictions >> australia see the spike in coronavirus cases, 75 people tested positive and a 24 hour period. they're asking whether or not to lockdown mormor and took stop the spread. >>> pakistani a special say four gunmen attack the stock exchange. they killed sicu security guard and a police officer. the leaves and isaac arizonan houses office of banks managing director said that they did not suspend trading during the attack. >>> a police officer charged the murder charge florida's expected and pretrial hearing, derek chauvin is charged with second-degree murder and will appear at the jail remotely. the three other officers of used of aiding and abetting in his death will also make word appearances, two autopsies were floyuff is a homicide. there were differences and what caused his death. >>>'s shocking tests from st. louis, missouri are going viral. this all happene

. >> biden with scathing administration of the coronavirus response accuse the president of sorrentog the fight focusing on his reelection campaign within the deadly virus taking lives and trashing the economy. >> we seemingly decided, he doesn't want to try, but just like he couldn't wish covid-19 away in march, just like he couldn't tweet it away in april, he can't ignore it away in june. >> biden accuse the president of leaving business owners with no real guidance on how to safely reopen. contrasted his own plan for national contact tracing system with guaranteed testing and ppe for those called back to work. and the attention of a trump supporter from 2016 ever more valuable in battleground pennsylvania, which trump won for less than a percentage point. >> i guess what i'm trying to say he is at some point, instead of being a day trader for a resident had stood up and gave the american public exactly what they knew when they knew it. >> president trump's campaign is also on the offense, suggesting the reason biden hasn't held a press conference for 76 days is because his handler

the building a remnant of a strong italian heritage, tracing its roots back to the 30s, when the sorrento macaroni factory moved in. although the times have changed, the strong community remains. the original founders of the royal baking company -- and i met the individual that married into the family, i gave him a certificate, the gentleman. he turned 100 years old last spring, and so it's our board of supervisors commendation right next to a commendation from the fopope, from the vatican. and i man did not look like he was -- the man did you look like he was over the age of 70. as a matter of fact, he says, my son lives down stairs. i said, how old is your son? he said he's 75. the royal baking company, supervisor, has its roots in your district, and it moved to the excelsior in the 70s, and so we're super excited. we don't often have the opportunity to landmark buildings. this is a beautiful example of art deco, and we're excited to have this before us today. just as a side note, the building did go up for sale recently, and we were able to get into the disclosures prior to -- prior to

the building a remnant of a strong italian heritage, tracing its roots back to the 30s, when the sorrento macaroni factory moved in. although the times have changed, the strong community remains. the original founders of the royal baking company -- and i met the individual that married into the family, i gave him a certificate, the gentleman. he turned 100 years old last spring, and so it's our board of supervisors commendation right next to a commendation from the fopope, from the vatican. and i man did not look like he was -- the man did you look like he was over the age of 70. as a matter of fact, he says, my son lives down stairs. i said, how old is your son? he said he's 75. the royal baking company, supervisor, has its roots in your district, and it moved to the excelsior in the 70s, and so we're super excited. we don't often have the opportunity to landmark buildings. this is a beautiful example of art deco, and we're excited to have this before us today. just as a side note, the building did go up for sale recently, and we were able to get into the disclosures prior to -- prior to

it's screaming and then i have sorrento it's another vaccine company please be careful. small cap.martin is a leader i love that company. thor is back it's airstream and others. david, we're going to cross the country to take a cruise ship to alaska okay >> i'm in. i'm ready. >> you guys have a busy calendar >> i'll go anywhere. get me out of here >> oh, boy all right. >> david, thanks we'll see you later. jim, we'll see you tonight good monday morning, everybody welcome to "squawk on the street." i'm carl quintanilla with sara eisen. 1% gain in the industrials the reopening trade gets another leg up after last week's torrid advance. >> yeah. that's where we'll begin this morning with the market, and that 1 % move higher from the dow. s&p coming off the best day since mid may and the nasdaq at a record high. dow at the highest level since late february. bolstered by boeing. jonathan golub joins us as well as the chief investment officer at -- jack, are you surprised by the magnitude and the persistence of the gains here? >> i nearly fell out of my chair when i heard the jobs report