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Summit Therapeutics NASDAQ:SMMT Summit Therapeutics, empowered by its Discuva Platform, the Company's innovative antibiotic discovery engine, led by Dr. Ventzislav Stefanov and supported by BARDA and Carb-X funding, intends to be the leader in patient and physician friendly paradigm shifting antibiotic innovation. Its new mechanism antibiotics are designed to become the patient-friendly, new era standard-of-care, by working in harmony with the human microbiome to treat prospective patients suffering from infectious disease, initially focussing on Clostridioides difficile infections ("CDI") which is estimated to impact over 3 million patients worldwide annually. Commercialization of ridinilazole for the treatment of CDI is subject to regulatory approvals. The overriding objective of Summit Therapeutics is to create value for patients, hospital infectious disease care givers, community based infectious disease healthcare providers, as well as healthcare payors around the world. Currently, Summit's lead product candidate ridinilazole is engaged in two global phase III trials, Ri-CoDIFy 1 & 2, each enrolling 680 patients vs standard of care (Vancomycin) for the treatment of C. difficile infections.
Location: | Website: www.summitplc.com | Industry: | Sector:
Market Cap
NaN
52 Wk Range
$ - $
Previous Close
$N/A
Open
$N/A
Day Range
N/A - N/A
Volume
N/A
Avg Volume
N/A
Enterprise Value
15.86B
Cash
486.9M
Avg Qtr Burn
-28.22M
Short % of Float
18.15%
Insider Ownership
84.36%
Institutional Own.
12.92%
Qtr Updated
09/30/24
Drug Pipeline
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Drug & Indication | Stage & Event | Catalyst Date |
---|---|---|
Ivonescimab (SMT112) Details Cancer, Non-small cell lung carcinoma, Squamous cancers | Phase 3 Data readout | |
Ivonescimab (SMT112) Details Non-small cell lung carcinoma, Cancer, Non-squamous cancers | Phase 3 Data readout | |
Ivonescimab Details Cancer, Non-small cell lung carcinoma, Squamous cancers, Non-squamous cancers | Phase 3 Initiation | |
Ivonescimab (SMT112) +Chemotherapy Details Cancer, Biliary Tract Cancer | Phase 2 Update | |
Ridinilazole Details Intestinal infection, Bacterial infection | Failed Discontinued |