STSummit Therapeutics
Ivonescimab, PD-1 x VEGF bispecific, lung cancer
Summit develops ivonescimab, a two-in-one antibody licensed from China's Akeso, in its territories (the US, Canada, Europe, Japan, Latin America, the Middle East and Africa). Its first US filing faces an FDA decision in November 2026.
- Licensed ivonescimab from Akeso in Dec 2022: $500M upfront, up to ~$4.56B in milestones, low double-digit royalties.
- FDA decision on the first US filing (EGFR-mutant lung cancer) due 14 Nov 2026; FDA says survival benefit is key.
- Head-to-head lung trial vs Keytruda (HARMONi-3, ~1,600 patients) fully enrolled; first readout expected H2 2026.
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