ASTRAZENECA PLC (AZN) Form 6-K — Oct 5, 2026
AstraZeneca completed its $2 billion equity investment in Summit Therapeutics, announced on 5 October 2026. The investment is intended to accelerate development of ivonescimab, a first-in-class PD-1/VEGF bispecific antibody, in combination with antibody drug conjugates across tumour types. The companies previously entered a clinical collaboration to evaluate AstraZeneca's sonesitatug vedotin (Sone-Ve) with ivonescimab, and intend an additional agreement for a global development programme combining other AstraZeneca cancer medicines, including additional ADCs, with ivonescimab.
Key figures
- Deal Value Usd
- 2000000000
- Investment asset
- ivonescimab (PD-1/VEGF bispecific antibody)
- Investment target
- Summit Therapeutics
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