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Stock impact report

Summit Therapeutics: PDUFA Coming, But Is It Good Enough? (Rating Upgrade) [Seeking Alpha]

Summit Therapeutics Inc. (SMMT) 
Last summit therapeutics inc. earnings: 6/12 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: summitplc.com/investors/investor-centre
Company Research Source: Seeking Alpha
SMMT's lead asset, ivonescimab, faces an FDA decision for EGFR-mutant NSCLC by November 2026, with PFS benefit but uncertain overall survival impact. Liquidity is solid with $710 million in cash and 2-2.5 years of runway, but substantial milestone and royalty obligations to Akesobio remain. While SMMT's commercial prospects hinge on FDA approval, Akesobio's mature pipeline and ongoing trials provide additional near-term catalysts. Frazao Studio Latino/E+ via Getty Images Topline Summary and Update I've had notable issues with Summit Therapeutics' ( SMMT ) rise to prominence over the past couple of years, taking measured excitement from their first-ever show of force against the immunotherapy This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am no Show less Read more
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