Damn! $SMMT was right there on my watchlist and I haven't looked that list once this week

On the SMMT site, it appears they will start clinical trials in the 2nd quarter of this year.

Two things:

  • It isn’t clear to me how much Summit can use Chinese drug data. This is on the Summit site: "Ivonescimab is an investigational therapy that is not approved by any regulatory authority.
It is currently being investigated in Phase III clinical studies."

But it is designated as a breakthrough therapy in China. I haven’t tried to reconcile these statements.

  • They presented at the JPM Healthcare Conference that wrapped up this week. I have not yet found their presentation… which I suspect would be pretty important.

Rob
He is no fool who gives what he cannot keep to gain what he cannot lose.

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