STAT+: AstraZeneca invests $2 billion in Summit Therapeutics
AI Summary
AstraZeneca is investing $2 billion in Summit Therapeutics as the companies collaborate on testing ivonescimab with AstraZeneca antibody-drug conjugates. The partnership will assess the combination of the PD-1/VEGF bispecific drug with the company’s cancer therapies.
AstraZeneca is teaming up with Summit Therapeutics to test its PD-1/VEGF bispecific ivonescimab alongside AstraZeneca’s antibody-drug conjugates.