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Stock impact report

Is Summit Therapeutics a Millionaire Maker? [Yahoo! Finance]

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: Yahoo! Finance
Big pharmaceutical companies start small, and then a blockbuster product catapults them into the spotlight. Summit Therapeutics (NASDAQ: SMMT) has soared 1,000% over the past year on progress in developing a drug that could rival Merck 's Keytruda, a product used to treat various cancers with over $25 billion in sales last year. Those who got in early have gotten rich. Is Summit Therapeutics still a potential millionaire maker? Or have investors gotten too far ahead of themselves? This promising oncology drug could be a big deal Summit Therapeutics is a biopharmaceutical company developing oncology drugs to treat various cancers. The company has not yet had any sales of its products. Its first potential drug, ivonescimab, is in phase 3 clinical testing. Ivonescimab works similarly to Merck's pembrolizumab by making cancer cells more vulnerable to the body's natural immune defenses and chemical treatments like chemotherapy. Summit is collaborating with another biopharmaceutic Show less Read more
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