Ivonescimab plus platinum-doublet chemotherapy is under FDA review to treat EGFR-mutated, locally advanced or metastatic non-squamous non-small cell lung cancer (NSCLC). Balance sheet: about 19 months of cash, runway ~19 mo (estimated).
The FDA PDUFA target date for SMMT (Summit Therapeutics Inc.) is 2026-11-14 for Ivonescimab plus platinum-doublet chemotherapy. Dates are company/FDA-sourced and can slip — verify against primary filings.
What is SMMT's drug Ivonescimab plus platinum-doublet chemotherapy?
Ivonescimab plus platinum-doublet chemotherapy is Summit Therapeutics Inc.'s candidate under FDA review for EGFR-mutated, locally advanced or metastatic non-squamous non-small cell lung cancer (NSCLC).
What typically happens to a large-cap stock into a PDUFA date?
Historically, large-cap names had a median decision-day move around ±1% (694-PDUFA cohort, 2024–26). This is historical context by market-cap tier, not a prediction for this drug.