Summit is facing a cash runway of less than a year as it awaits an FDA decision on ivonescimab, a PD-1/VEGF bispecific treatment for non-small cell lung cancer, with promising survival data from a late-stage trial. The FDA's verdict is expected by November 14.
Summit’s star asset is the PD-1/VEGF bispecific ivonescimab, which this week produced promising survival data from a late-stage global trial in non-small cell lung cancer. The FDA review is ongoing with a decision expected by Nov. 14.
Original title: “Summit has less than a year of cash runway left as PD-1/VEGF verdict nears”