Summit Therapeutics Shares Drop After Releasing Late-Stage Trial Data for Lung Cancer Drug

Summit Therapeutics' stock fell approximately 1% in premarket trading after the company released updated overall survival data from a late-stage trial of ivonescimab, its lung cancer therapy developed with Akeso. The drug is being co-developed by Summit and Chinese biotech firm Akeso.

By Dulan Lokuwithana, SA News Editor · Seeking Alpha ·

Summit Therapeutics Shares Drop After Releasing Late-Stage Trial Data for Lung Cancer Drug

Tickers: $SMMT

Topics: cancer therapy late-stage trial data pharmaceuticals

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