AZN Announces Strategic Equity Investment, Clinical Collaboration with Summit Therapeutics on Cancer Drug

· The NYC Memo

AstraZeneca PLC entered into a strategic equity investment and clinical collaboration agreement with Summit Therapeutics. The collaboration will evaluate sonesitatug vedotin, a Claudin-18.2 ADC, with ivonescimab, a PD-1/VEGF bispecific, in gastrointestinal cancers, and includes plans for broader combinations with AstraZeneca's cancer medicines.

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