Summit Therapeutics Inc (SMMT) gains 1.59% for July 21

Equities Staff  |

Summit Therapeutics Inc (NASDAQ: SMMT) shares gained 1.59%, or $0.12 per share, to close Wednesday at $7.65. After opening the day at $7.55, shares of Summit fluctuated between $7.65 and $7.44. 80,999 shares traded hands a decrease from their 30 day average of 265,388. Wednesday's activity brought Summit’s market cap to $743,920,938.

About Summit Therapeutics Inc

Summit Therapeutics, empowered by its Discuva Platform, the Company's innovative antibiotic discovery engine, led by Dr. Ventzislav Stefanov and supported by BARDA and Carb-X funding, intends to be the leader in patient and physician friendly paradigm shifting antibiotic innovation. Its new mechanism antibiotics are designed to become the patient-friendly, new era standard-of-care, by working in harmony with the human microbiome to treat prospective patients suffering from infectious disease, initially focussing on Clostridioides difficile infections ("CDI") which is estimated to impact over 3 million patients worldwide annually. Commercialization of ridinilazole for the treatment of CDI is subject to regulatory approvals. The overriding objective of Summit Therapeutics is to create value for patients, hospital infectious disease care givers, community based infectious disease healthcare providers, as well as healthcare payors around the world. Currently, Summit's lead product candidate ridinilazole is engaged in two global phase III trials, Ri-CoDIFy 1 & 2, each enrolling 680 patients vs standard of care (Vancomycin) for the treatment of C. difficile infections.

Visit Summit Therapeutics Inc’s profile for more information.

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To get more information on Summit Therapeutics Inc and to follow the company’s latest updates, you can visit the company’s profile page here: Summit Therapeutics Inc’s Profile. For more news on the financial markets be sure to visit Equities News. Also, don’t forget to sign-up for the Daily Fix to receive the best stories to your inbox 5 days a week.

Sources: Chart is provided by TradingView based on 15-minute-delayed prices. All other data is provided by IEX Cloud as of 8:05 pm ET on the day of publication.

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