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SMMT Stock Soars on NSCLC Drug Survival Data Beating Keytruda in China

Source: zacks.com

Healthcare & BiotechCompany FundamentalsAnalyst InsightsTechnology & Innovation
SMMT Stock Soars on NSCLC Drug Survival Data Beating Keytruda in China

Summit Therapeutics shares surged 17% after ivonescimab demonstrated a significant overall survival benefit versus Keytruda in a China Phase III lung cancer study. The update represents a major efficacy signal that could materially improve clinical and commercial expectations for the program.

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