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Summit Therapeutics PLC

27.07

+0.70002.65%

Post-market: 27.300.2300+0.85%19:59 EDT

Volume:1.92M

Turnover:51.12M

Market Cap:20.10B

PE:-79.72

High:27.44

Open:25.86

Low:25.41

Close:26.37

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Overview Company News Filings

BRIEF-Revolution Medicines And Summit Therapeutics Enter Into Clinical Collaboration To Evaluate Combinations Of Three Ras(On) Inhibitors With Ivonescimab In Ras Mutant Tumors

Cantor Fitzgerald Reaffirms Their Buy Rating on Summit Therapeutics (SMMT)

Summit Therapeutics Inc. Secures Sub-Sublease Agreement for New Office Space in Palo Alto

Summit Therapeutics Inc. Conducted Annual Stockholders Meeting

Summit Therapeutics (SMMT) Gets a Buy from Evercore ISI

BUZZ-U.S. STOCKS ON THE MOVE-Vaxart, DoubleVerify, Cracker Barrel

US STOCKS-S&P 500, Nasdaq set to open near record levels after May inflation data

BUZZ-U.S. STOCKS ON THE MOVE-Quantum computing stocks, Grab Holdings, Talen Energy

BUZZ-Summit slips as Leerink doubts cancer drug can match Keytruda's success

Summit Therapeutics Announces Inducement Grants for New Employees Under Nasdaq Rule

Summit Therapeutics Inc. to Present at 46th Annual Goldman Sachs Global Healthcare Conference in Miami

Truist Financial Remains a Buy on Summit Therapeutics (SMMT)

Cantor Fitzgerald Remains a Buy on Summit Therapeutics (SMMT)

BUZZ-U.S. STOCKS ON THE MOVE-RBB Bancorp, Seacoast, GATX

Summit Therapeutics Study Is a Win for China Biopharma Deals. Why the Stock Is Down. -- Barrons.com

Summit Says Ivonescimab Significantly Improves Progression-Free Survival; Overall Survival Trend Not Statistically Significant -- Shares Drop

MT Newswires Live

BUZZ-Summit Therapeutics falls after mixed data from late-stage cancer trial

Summit Therapeutics announces topline results from Phase 3 HARMONi trial

Summit Therapeutics initiated with a Buy at Clear Street

Pfizer Is Jumping Into a Hot Cancer-Drug Race. It May Have Overpaid. -- Barrons.com

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Summit Therapeutics Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on June 17, 2025, and is solely responsible for the information contained therein.","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250617:nNDL6JrrDg:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","SMMT","LU2488822045.USD"],"gpt_icon":0},{"id":"2543217623","title":"Summit Therapeutics (SMMT) Gets a Buy from Evercore ISI","url":"https://stock-news.laohu8.com/highlight/detail?id=2543217623","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2543217623?lang=en_us&edition=fundamental","pubTime":"2025-06-16 14:45","pubTimestamp":1750056305,"startTime":"0","endTime":"0","summary":"Evercore ISI analyst Cory Kasimov maintained a Buy rating on Summit Therapeutics (SMMT – Research Report) on June 13 and set a price target of $30....","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/summit-therapeutics-smmt-gets-a-buy-from-evercore-isi-blurbs?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/summit-therapeutics-smmt-gets-a-buy-from-evercore-isi-blurbs?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["LU2488822045.USD","BK4139","SMMT"],"gpt_icon":0},{"id":"2542393275","title":"BUZZ-U.S. STOCKS ON THE MOVE-Vaxart, DoubleVerify, Cracker Barrel","url":"https://stock-news.laohu8.com/highlight/detail?id=2542393275","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542393275?lang=en_us&edition=fundamental","pubTime":"2025-06-12 00:23","pubTimestamp":1749658993,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-Vaxart, DoubleVerify, Cracker BarrelEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newslette","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nL4N3SE15O:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["RBRK","LMT","KKR","BRO","SMMT","XTIA","AMGN","ETSY","SBUX","KRT","01698","NUE","IREN","CBRL","HON","JILL","HSDT","SST","AMSC","TERN","GEV","OUST","RFL","VXRT","GTLB","FLR","KZIA","DV","THC","TLN","BTSG"],"gpt_icon":1},{"id":"2542358764","title":"US STOCKS-S&P 500, Nasdaq set to open near record levels after May inflation data","url":"https://stock-news.laohu8.com/highlight/detail?id=2542358764","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542358764?lang=en_us&edition=fundamental","pubTime":"2025-06-11 21:24","pubTimestamp":1749648247,"startTime":"0","endTime":"0","summary":"US STOCKS-S&P 500, Nasdaq set to open near record levels after May inflation dataFor a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news windowFutures up: Dow 0.14%, S&P 500 0.21%, Nasdaq 0.27%GameStop falls after reporting decline in quarterly revenueGameStop falls after it reports decline in Q1 revenueUpdates before markets openBy Kanchana Chakravarty and Sukriti Gupta. June 11  - The S&P 500 and Nasdaq were on track to open near record levels on Wednesday, as a cooler-than-expected inflation report calmed concerns around tariff-driven price pressures and fanned expectations for interest rate cuts. The Consumer Price Index  increased 0.1% in May after rising 0.2% in April, while economists polled by Reuters had forecast a 0.2% increase for last month. Annually, headline inflation stood at 2.4%, compared with an estimated 2.5% rise.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nL4N3SE0VL:3","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0323591593.USD","LU0823414478.USD","BK4547","LU1366192091.USD","BK4076","BK4585","SG9999015952.SGD","BK4574","BK4534","LU1720051017.SGD","SG9999015978.USD","BK4612","BK4598","LU2249611893.SGD","LU0689472784.USD","LU1914381329.SGD","LU1066051498.USD","LU0056508442.USD","LU0823411888.USD","LU2471134523.USD","IE0034235303.USD","LU1551013425.SGD","LU1548497426.USD","LU1066051225.USD","BK4592","SMMT","IE00BK4W5L77.USD","LU0345769128.USD","LU0820562030.AUD","LU1861558580.USD","LU0345770993.USD","BK4099","BK4588","BK4516","LU1674673691.USD","BK4543","IE00BSNM7G36.USD","BK4511","TSYW.SI","BK4550","LU2326559502.SGD","BK4604","LU0097036916.USD","LU1852331112.SGD","LU1839511570.USD","LU2756315664.SGD","LU2488822045.USD","IE00BK4W5M84.HKD"],"gpt_icon":1},{"id":"2542891065","title":"BUZZ-U.S. STOCKS ON THE MOVE-Quantum computing stocks, Grab Holdings, Talen Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=2542891065","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542891065?lang=en_us&edition=fundamental","pubTime":"2025-06-11 19:42","pubTimestamp":1749642155,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-Quantum computing stocks,Grab Holdings, Talen EnergyEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning New","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nL6N3SE0LR:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["01698","TERN","LU0516422952.EUR","NVDD","GTLB","LU1201861165.SGD","3NVD.UK","USAW.SI","LU1861215975.USD","TLN","NVD","NVD2.UK","BK4596","IE00B3S45H60.SGD","NVIW.SI","HTCD.SI","BRO","LU0957791311.USD","TCHmain","AMGN","LU0320764755.SGD","AMSC",".IXIC","SMMT","SNVD.UK","NVD3.UK","NVDX","2NVD.UK","LU1571399168.USD","LU0737861772.HKD","GRAB","NVDU","NVDS","LU0353189763.USD","NVDS.UK","IREN","LU0006306889.USD","NVDY"],"gpt_icon":1},{"id":"2542585459","title":"BUZZ-Summit slips as Leerink doubts cancer drug can match Keytruda's success","url":"https://stock-news.laohu8.com/highlight/detail?id=2542585459","media":"Reuters","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2542585459?lang=en_us&edition=fundamental","pubTime":"2025-06-11 18:53","pubTimestamp":1749639205,"startTime":"0","endTime":"0","summary":"BUZZ-Summit slips as Leerink doubts cancer drug can match Keytruda's success** Shares of drug developer Summit Therapeutics SMMT.O fall 3.6% to $21.28 premarket** Brokerage Leerink Partners starts coverage on SMMT with \"underperform\" rating and $12 PT, a 46% downside to the stock's last close** Brokerage says it doesn't believe SMMT's lung cancer therapy, ivonescimab, is \"the next Keytruda\", Merck's MRK.N blockbuster cancer drug** Views SMMT as \"by far the worst-positioned\" competitor, requiring a major partnership beyond their Pfizer PFE.N ADC collaboration to compete effectively** Leerink believes SMMT's drug faces \"unrealistic share\" expectations in the cancer immunotherapy market, given the \"intense and heterogeneous competitive landscape\"** Summit faces \"unfavorable cost dynamics\" including \"low-double-digit royalties\" to Chinese partner Akeso 9926.HK and reliance on contract manufacturers - brokerage** As of last close, stock up 23.7% YTD","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250611:nL4N3SE0TB:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"productRelease","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["IE0009355771.USD","LU2324357040.USD","IE00B5MMRT66.SGD","LU0070302665.USD","SG9999002224.SGD","IE00B4R5TH58.HKD","SMMT","LU2112291526.USD","SG9999001440.SGD","LU1934455194.USD","IE00B19Z3581.USD","BK4007","LU0238689110.USD","BK4592","LU1699723380.USD","SG9999003800.SGD","IE00BPRC5H50.USD","LU0211331839.USD","SG9999013999.USD","LU2106854487.HKD","LU0965509101.SGD","LU1066051498.USD","LU0348784397.USD","LU1066051225.USD","SG9999014567.USD","LU1116320901.HKD","LU0203347892.USD","MRK","SG9999014542.SGD","LU1093756325.SGD","LU1061106388.HKD","BK1574","BK4568","LU0417516571.SGD","LU1023059063.AUD","IE00BJJMRZ35.SGD","LU1894683264.USD","LU1934455863.HKD","LU2468319806.SGD","LU0208291251.USD","LU0456855351.SGD","BK4599","LU1720050803.USD","LU1069347547.HKD","BK4559","IE00B2B36J28.USD","LU0106261372.USD","LU0965508806.USD"],"gpt_icon":1},{"id":"2541934138","title":"Summit Therapeutics Announces Inducement Grants for New Employees Under Nasdaq Rule","url":"https://stock-news.laohu8.com/highlight/detail?id=2541934138","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541934138?lang=en_us&edition=fundamental","pubTime":"2025-06-07 04:44","pubTimestamp":1749242654,"startTime":"0","endTime":"0","summary":"Summit Therapeutics Inc. has announced the issuance of inducement awards in the form of stock options to seven new employees. These grants allow the purchase of up to 71,275 shares of the company's common stock, with an exercise price set at $17.72 per share, reflecting the closing price on June 2, 2025. The options have a ten-year term and will vest in equal annual installments over four years. This initiative, approved by the Compensation Committee, aligns with Nasdaq Listing Rule 5635 and is designed to support the company's growth by attracting new talent.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Summit Therapeutics Inc. published the original content used to generate this news brief via Business Wire  on June 06, 2025, and i","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250606:nNDL8BNnkv:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","SMMT","LU2488822045.USD"],"gpt_icon":1},{"id":"2541884020","title":"Summit Therapeutics Inc. to Present at 46th Annual Goldman Sachs Global Healthcare Conference in Miami","url":"https://stock-news.laohu8.com/highlight/detail?id=2541884020","media":"Reuters","labels":["conferences"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2541884020?lang=en_us&edition=fundamental","pubTime":"2025-06-05 20:00","pubTimestamp":1749124857,"startTime":"0","endTime":"0","summary":"Summit Therapeutics Inc.  will participate in the 46th Annual Goldman Sachs Global Healthcare Conference on June 9, 2025, in Miami, Florida. The company will present a corporate overview and update on the progress, including the development of their innovative investigational bispecific antibody, ivonescimab. The presentation will be available live on Summit's website.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Summit Therapeutics Inc. published the original content used to generate this news brief via Business Wire  on June 05, 2025, and is solely responsible for the information contained therein.","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250605:nNDLLqcyF:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"conferences","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0048573561.USD","LU0251131958.USD","BK4550","LU2237443549.SGD","LU0742534661.SGD","LU1868837300.USD","LU2237443978.SGD","BK4533","BK4588","LU2237443895.HKD","LU0061475181.USD","BK4139","LU2237443622.USD","BK4585","LU0251142724.SGD","BK4552","LU0096364046.USD","IE0034235188.USD","IE0004091025.USD","LU1868836591.USD","IE0002270589.USD","LU0106831901.USD","IE00B19Z3581.USD","BK4127","LU1791807156.HKD","IE00BSNM7G36.USD","LU1868836914.USD","LU1894683348.USD","LU1668664300.SGD","LU2471134523.USD","BK4516","IE00BFXG1179.USD","LU2471134879.HKD","IE0004086264.USD","IE00B19Z3B42.SGD","LU2237438978.USD","LU2237443382.USD","LU2237443465.HKD","LU2471134952.CNY","LU2750360997.AUD","SMMT","LU1894683264.USD","LU1868837136.USD","BK4504","LU2488822045.USD","LU1868836757.USD","LU2750360641.GBP","LU2471134796.USD"],"gpt_icon":1},{"id":"2540776285","title":"Truist Financial Remains a Buy on Summit Therapeutics (SMMT)","url":"https://stock-news.laohu8.com/highlight/detail?id=2540776285","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540776285?lang=en_us&edition=fundamental","pubTime":"2025-06-03 19:37","pubTimestamp":1748950644,"startTime":"0","endTime":"0","summary":"Truist Financial analyst Asthika Goonewardene maintained a Buy rating on Summit Therapeutics (SMMT – Research Report) today. The company’s shares c...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/truist-financial-remains-a-buy-on-summit-therapeutics-smmt-blurbs?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/truist-financial-remains-a-buy-on-summit-therapeutics-smmt-blurbs?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","LU2488822045.USD","SMMT"],"gpt_icon":0},{"id":"2540776441","title":"Cantor Fitzgerald Remains a Buy on Summit Therapeutics (SMMT)","url":"https://stock-news.laohu8.com/highlight/detail?id=2540776441","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2540776441?lang=en_us&edition=fundamental","pubTime":"2025-06-03 19:36","pubTimestamp":1748950596,"startTime":"0","endTime":"0","summary":"In a report released yesterday, Eric Schmidt FCA from Cantor Fitzgerald reiterated a Buy rating on Summit Therapeutics (SMMT – Research Report). Th...","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/blurbs/cantor-fitzgerald-remains-a-buy-on-summit-therapeutics-smmt-blurbs?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/blurbs/cantor-fitzgerald-remains-a-buy-on-summit-therapeutics-smmt-blurbs?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4139","LU2488822045.USD","SMMT"],"gpt_icon":0},{"id":"2539827418","title":"BUZZ-U.S. STOCKS ON THE MOVE-RBB Bancorp, Seacoast, GATX","url":"https://stock-news.laohu8.com/highlight/detail?id=2539827418","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539827418?lang=en_us&edition=fundamental","pubTime":"2025-05-31 01:50","pubTimestamp":1748627451,"startTime":"0","endTime":"0","summary":"BUZZ-U.S. STOCKS ON THE MOVE-RBB Bancorp, Seacoast, GATXEikon search string for individual stock moves: STXBZThe Day Ahead newsletter: https://refini.tv/3LI4BU7The Morning News Call newsletter: https:","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nL6N3S20JG:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU0823434740.USD","XYL","LU0757428866.USD","EOG","LU2286300806.USD","HK0000306701.USD","LU1861215975.USD","TSYW.SI","LU1429558221.USD","ULTA","CIVI","SNPS","COP","EOSE","ABNB","GATX","SBCF","GAP","LU0345770308.USD","LU1720051108.HKD","LU0496367417.USD","LU1223083913.SGD","REGN","RRGB","TROX","LU1989772923.USD","LU0648001328.SGD","LU0081259029.USD","LU0882574139.USD","RBB","SMMT","BK4135","NEM","LU1721428933.USD","LU2452424414.USD","LU2505996681.GBP","MACW.SI","ANSS","FCX","NDSN","LU2125909759.SGD","GLXY","SCCO","ZS"],"gpt_icon":1},{"id":"2539220599","title":"Summit Therapeutics Study Is a Win for China Biopharma Deals. Why the Stock Is Down. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2539220599","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539220599?lang=en_us&edition=fundamental","pubTime":"2025-05-30 21:27","pubTimestamp":1748611620,"startTime":"0","endTime":"0","summary":"Summit Therapeutics reported results Friday in a cancer drug trial meant to answer the biggest question in biotech: What happens when U.S. companies test promising new Chinese cancer immunotherapies in western countries?The trial's results were mixed, but analysts were putting a positive spin on things in early morning.The results didn't show a statistically significant difference between how long lung cancer patients who received Summit's medicine survived, and how long patients survived on a placebo. But the drug did perform better than a placebo in a different measure, which counts how long it takes for cancer to progress.What is more, the company said the drug worked just as well in patients located in Asia as in patients elsewhere.Summit shares were flat early Friday before plunging around 8 a.m. Eastern, They were down 21% before the market opened.It said that requirement will \"weigh into Summit's considerations regarding the timing of a potential\" FDA filing.Analysts who cover t","market":"other","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["LU1037948541.HKD","IE00BBT3K403.USD","LU1941712348.USD","LU0965509283.SGD","LU0265550946.USD","IE00B1BXHZ80.USD","IE00BJJMRZ35.SGD","SG9999001440.SGD","LU1066051225.USD","LU1934455194.USD","LU1974910355.USD","LU0058720904.USD","LU2468319806.SGD","LU1057294990.SGD","SMMT","SG9999013999.USD","LENZ","BK4585","IE00BSNM7G36.USD","LU2488822045.USD","IE00BLSP4452.SGD","LU1037948897.HKD","MRK","IE00BJT1NW94.SGD","LU0238689110.USD","LU1983299246.USD","BK4533","LU1093756168.USD","LU1116320901.HKD","LU1585245621.USD","LU1934455863.HKD","LU0106261372.USD","LU1069347547.HKD","LU0070302665.USD","LU0234572021.USD","BK4539","LU1989772840.SGD","SG9999014542.SGD","IE00BLSP4239.USD","BK4550","IE00B2B36J28.USD","IE00BFTCPJ56.SGD","LU2106854487.HKD","LU0006306889.USD","SMMF","LU0861579265.USD","LU2361045086.USD","IE000M9KFDE8.USD","IE0002141913.USD"],"gpt_icon":1},{"id":"2539322033","title":"Summit Says Ivonescimab Significantly Improves Progression-Free Survival; Overall Survival Trend Not Statistically Significant -- Shares Drop","url":"https://stock-news.laohu8.com/highlight/detail?id=2539322033","media":"MT Newswires Live","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539322033?lang=en_us&edition=fundamental","pubTime":"2025-05-30 21:20","pubTimestamp":1748611205,"startTime":"0","endTime":"0","summary":"Summit Therapeutics (SMMT) said Friday that its late-stage study of ivonescimab plus chemotherapy met the progression-free survival primary endpoint in patients with EGFR-mutated non-small cell lung c","market":"sg","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["LU2488822045.USD","BK4211","SMMF","BK4139","SMMT"],"gpt_icon":0},{"id":"2539222318","title":"BUZZ-Summit Therapeutics falls after mixed data from late-stage cancer trial","url":"https://stock-news.laohu8.com/highlight/detail?id=2539222318","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539222318?lang=en_us&edition=fundamental","pubTime":"2025-05-30 20:23","pubTimestamp":1748607824,"startTime":"0","endTime":"0","summary":"BUZZ-Summit Therapeutics falls after mixed data from late-stage cancer trial** Shares of drug developer Summit Therapeutics SMMT.O fall 9.7% to $23.66 premarket** Co says its experimental lung cancer therapy ivonescimab in combination with chemotherapy showed a positive trend in overall survival, but \"without achieving a statistically significant benefit\" in a global late-stage trial** However, co says the therapy showed meaningful improvement in progression free survival or the time patients live without their disease progressing** Co plans to file for marketing approval for ivonescimab, but says the \"FDA noted that a statistically significant overall survival benefit is necessary to support marketing authorization,\" which will weigh into its considerations regarding the timing of filing its US application** SMMT is testing ivonescimab to treat patients with a type of lung cancer who have progressed after prior treatment** There were no new safety signals noted in the late-stage study","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250530:nL6N3S20I5:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4139","SMMT","LU2488822045.USD"],"gpt_icon":0},{"id":"2539256032","title":"Summit Therapeutics announces topline results from Phase 3 HARMONi trial","url":"https://stock-news.laohu8.com/highlight/detail?id=2539256032","media":"TIPRANKS","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2539256032?lang=en_us&edition=fundamental","pubTime":"2025-05-30 18:11","pubTimestamp":1748599895,"startTime":"0","endTime":"0","summary":"Summit Therapeutics (SMMT) announced topline results from the Phase III clinical trial, HARMONi, the first global Phase III study evaluating ivones...","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-therapeutics-announces-topline-results-from-phase-3-harmoni-trial-thefly?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-therapeutics-announces-topline-results-from-phase-3-harmoni-trial-thefly?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4539","BK4139","BK4211","LU2488822045.USD","LENZ","SMMF","SMMT","BK4007"],"gpt_icon":0},{"id":"2537915778","title":"Summit Therapeutics initiated with a Buy at Clear Street","url":"https://stock-news.laohu8.com/highlight/detail?id=2537915778","media":"TIPRANKS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537915778?lang=en_us&edition=fundamental","pubTime":"2025-05-22 16:50","pubTimestamp":1747903807,"startTime":"0","endTime":"0","summary":"Clear Street analyst Bill Maughan last night initiated coverage of Summit Therapeutics (SMMT) with a Buy rating and $33 price target Summit is a bi...","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"tipranks_highlight","url":"https://www.tipranks.com/news/the-fly/summit-therapeutics-initiated-with-a-buy-at-clear-street-2?utm_source=itigerup.com&utm_medium=referral","rn_cache_url":null,"directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.tipranks.com/news/the-fly/summit-therapeutics-initiated-with-a-buy-at-clear-street-2?utm_source=itigerup.com&utm_medium=referral","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"tipranks_highlight","symbols":["BK4539","LENZ","BK4007","LU2488822045.USD","BK4139","SMMT","BK4211","SMMF"],"gpt_icon":0},{"id":"2536646754","title":"Pfizer Is Jumping Into a Hot Cancer-Drug Race. It May Have Overpaid. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2536646754","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2536646754?lang=en_us&edition=fundamental","pubTime":"2025-05-20 22:46","pubTimestamp":1747752360,"startTime":"0","endTime":"0","summary":"Pfizer has thrown itself into the fiercest horse race in biopharma, saying late Monday it had bought the rights to an experimental cancer drug in a competitive and promising category. Analysts say it may have overpaid.The big move in biotech for the past few years has been for global players in the industry to make deals with Chinese biopharma companies to license PD-1/VEGF bispecific antibodies, a new type of tumor-killing treatment. The race heated up last June, when the U.S.-based biotech Summit Therapeutics said that its PD-1/VEGF bispecific antibody, licensed from a Chinese company called Akeso, beat Merck's Keytruda in lung-cancer patients.Now, everyone seems to be piling into the race. Merck announced a deal to license a Chinese PD-1/VEGF in November. BioNTech has one, too.Pfizer does have a partnership with Summit, announced in February, where the companies are testing Summit's PD-1/VEGF in combination with some Pfizer cancer drugs. 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