Company Summit Therapeutics Inc.

Equities

SMMT

US86627T1088

Biotechnology & Medical Research

Market Closed - Nasdaq 04:30:01 2024-05-31 pm EDT 5-day change 1st Jan Change
8.685 USD -20.47% Intraday chart for Summit Therapeutics Inc. +156.95% +232.76%

Business Summary

Summit Therapeutics Inc. is a biopharmaceutical company focused on the discovery, development, and commercialization of patient, physician and caregiver medicinal therapies. The Company's development candidate is ivonescimab, a potential first-in-class bispecific antibody intending to combine the effects of immunotherapy via a blockade of PD-1 with the anti-angiogenesis effects of an anti-VEGF compound into a single molecule. It develops ivonescimab in non-small cell lung cancer (NSCLC), specifically launching Phase III clinical trials in the indications such as ivonescimab combined with chemotherapy in patients with epidermal growth factor receptor (EGFR)-mutated, locally advanced or metastatic non-squamous NSCLC who have progressed after treatment with a third-generation EGFR tyrosine kinase inhibitor (HARMONi), and ivonescimab combined with chemotherapy in first-line metastatic squamous NSCLC patients (HARMONi-3). Its ivonescimab is engineered with Akeso's Tetrabody technology.

Number of employees: 105

Managers

Managers TitleAgeSince
Chief Executive Officer 52 20-11-10
Chief Executive Officer 79 19-11-30
Director of Finance/CFO 46 19-11-30
Chief Tech/Sci/R&D Officer - 23-10-18
Chief Tech/Sci/R&D Officer - 23-10-15
Chief Tech/Sci/R&D Officer - -
Corporate Officer/Principal - -
Human Resources Officer - 20-09-30
Corporate Officer/Principal 53 21-11-02
Corporate Officer/Principal 59 21-05-31

Members of the board

Members of the board TitleAgeSince
Chief Executive Officer 79 19-11-30
Director/Board Member 70 22-09-27
Director of Finance/CFO 46 19-11-30
Chief Executive Officer 52 20-11-10
Director/Board Member 65 21-10-06
Director/Board Member 63 22-11-14
Corporate Officer/Principal 53 21-11-02
Director/Board Member 57 23-01-15
Director/Board Member 59 20-07-12

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 701,979,596 83,228,173 ( 11.86 %) 0 11.86 %

Shareholders

NameEquities%Valuation
548,369,106 78.15 % 1 947 M $
35,378,709 5.042 % 126 M $
31,523,530 4.492 % 112 M $
BlackRock Advisors LLC
1.289 %
9,043,524 1.289 % 32 M $
8,114,230 1.156 % 29 M $
Fidelity Management & Research Co. LLC
1.136 %
7,974,531 1.136 % 28 M $
Vanguard Fiduciary Trust Co.
1.036 %
7,269,243 1.036 % 26 M $
Geode Capital Management LLC
0.4493 %
3,152,390 0.4493 % 11 M $
2,976,190 0.4241 % 11 M $
Charles Schwab Investment Management, Inc.
0.1449 %
1,016,545 0.1449 % 4 M $

Company contact information

Summit Therapeutics, Inc.

2882 Sand Hill Road Suite 106

94025, Menlo Park

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http://www.summittxinc.com
address Summit Therapeutics Inc.(SMMT)
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
6.826 GBP
Average target price
8.239 GBP
Spread / Average Target
+20.70%
Consensus

Quarterly revenue - Rate of surprise

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