AstraZeneca Digs $2 Billion Out Of Its Coffers For Summit Deal, Taking On Bristol, Pfizer, Merck
Summit Therapeutics Inc SMMT
$16.39
β² +5.88%
(+$0.91)
⬆️ Above Yest. High
🔥 High Short Interest
Open
$18.91
Prev Close
$15.48
Day Range
$16.15 β $19.09
52W Range
$12.07 β $29.23
Market Cap
$13.08B
Beta
-1.64
EPS (TTM)
$-1.12
π Company Profile
| Industry | Biotechnology |
| Country | US |
| Exchange | NASDAQ NMS - GLOBAL MARKET |
| Currency | USD |
| IPO Date | 2004-10-14 |
| Shares Out. | 797,750,000 |
| Website | smmttx.com/ β |
| Phone | 13052032034 |
| Employees | 265 |
| Revenue | $0 |
| Gross Profit | $0 |
| Net Income | -$215.7M |
| Free Cash Flow | -$459.8M |
| Total Assets | $752.2M |
| Total Liabilities | $122.2M |
| Equity | $630.0M |
About Summit Therapeutics Inc
Summit Therapeutics Inc is a biopharmaceutical company that focuses on the discovery, development, and commercialization of novel antibiotics for serious infectious diseases. Its CDI (Clostridiodes difficile infection) product candidate is ridinilazole, an orally administered small molecule antibiotic. It has two geographical segments: the United States and the United Kingdom.
Summit Therapeutics Inc is a publicly traded company under the ticker symbol SMMT on the NASDAQ NMS - GLOBAL MARKET, operating in the Biotechnology industry. Quotes and metrics shown here are sourced from public market data and refreshed regularly.
π Analyst Ratings
24 analysts (2026-09-01)
π° Latest News for SMMT
AstraZeneca's $2 Billion Investment in Summit Therapeutics Seen as 'Win-Win,' UBS Says
AstraZeneca Stock Slips as $2 Billion Summit Stake Deepens Oncology
Summit Stock Jumps 17% on $2 Billion AstraZeneca Investment
Summit Shares Jump on $2B Strategic Investment From AstraZeneca
Inside the AstraZeneca Deal That Could Send Summit Therapeutics Stock Up 126%
Summit Therapeutics: Stronger Balance Sheet Helps, But It Does Not De-Risk Ivonescimab
AstraZeneca invests $2B in Summit, gaining βseat at the tableβ for PD-1/VEGF drug push

