SMMT stock news · Summit Therapeutics Inc.
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AstraZeneca is putting $2 billion into Summit Therapeutics after a lot of guessing about it.
Good for SMMTSummit receives $2 billion from newly issued shares, giving it funding for drug development after warning it might have to cut research. The planned trials still have no reported results.
12 health care stocks are changing a lot before the market opens on Tuesday.
NeutralSummit Therapeutics was listed among pre-market gainers. The article gives no company news explaining the move, so it does not change the view of its business.
Summit Therapeutics says its partner Akeso will share new results from a big trial at a conference.
NeutralSummit filed an 8-K stating Akeso will present updated Phase III HARMONi-2 data, including overall survival; the filing gives no results and does not change how we read Summit today.