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Received a $2 billion investment from AstraZeneca (AZN.US) and joined forces to develop drugs! Summit (SMMT.US) surged after hours in response

Received a $2 billion investment from AstraZeneca (AZN.US) and joined forces to develop drugs! Summit (SMMT.US) surged after hours in response

智通财经智通财经2026/09/29 00:06
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According to Zhitong Finance APP, cancer drug developer Summit Therapeutics (SMMT.US) announced that AstraZeneca (AZN.US) will make a strategic equity investment of $2 billion in the company, and both parties will jointly develop drugs. Boosted by this news, Summit's shares surged nearly 17% in after-hours trading on Monday in the US stock market as of press time.
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