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SMMT

Summit Therapeutics, Inc.

NASDAQ · Healthcare · Biotechnology · US

$17.85
+0.73%
Ask drillr
Price chart
Aug 19Aug 24Aug 27Sep 1Sep 4Sep 10Sep 15Sep 18
Key dataSep 18, 2026
Open
$17.74
From 52W high
−32.34%
Volume
12.96M
Market cap
$14.24B
P/E (Fwd)
EV/EBITDA
−15.9x
P/E (TTM)
RSI (14)
62.0
1D Return
+0.73%
YTD Return
+0.35%
SummaryUpdated Jun 1, 2026

Summit Therapeutics Inc. (NASDAQ:SMMT) is a biopharmaceutical company founded in 2003 and headquartered in Cambridge, Massachusetts. Originally focused on developing treatments for infectious diseases, the company underwent a strategic transformation in 2022 when it pivoted entirely to oncology. Summit acquired the rights to develop and commercialize ivonescimab, a promising cancer immunotherapy, through a landmark $500 million licensing agreement with Chinese biotech company Akeso. The company is now focused exclusively on advancing this bispecific antibody through late-stage clinical trials for various cancer indications, particularly non-small cell lung cancer.

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