Summit Therapeutics Inc. (SMMT) Stock
Summit Therapeutics stock price chart
SMMT stock quote & key statistics
Summit Therapeutics annual financials
Income statement →| Fiscal year | Revenue | Net income | EPS |
|---|---|---|---|
| FY2025 | $0 | -$1.08B | -$0.63 |
| FY2024 | $0 | -$176.8M | -$0.24 |
| FY2023 | $0 | -$482.4M | -$1.52 |
| FY2022 | $583,190 | -$65.2M | -$0.60 |
| FY2021 | $1.8M | -$86.1M | -$1.67 |
Fiscal year ending December 31. Source: company filings via EODHD.
About Summit Therapeutics Inc.
Summit Therapeutics Inc., a prominent biopharmaceutical firm based in Cambridge, Massachusetts, specializes in the discovery, development, and commercialization of innovative medicines aimed at combating infectious diseases. Operating primarily in the United States and Latin America, Summit Therapeutics focuses its clinical efforts on addressing significant medical challenges, particularly in the realm of Clostridioides difficile infection (CDI). At the forefront of its pipeline is ridinilazole, a promising oral antibiotic currently undergoing Phase III clinical trials for the treatment of CDI.
In addition to ridinilazole, Summit Therapeutics is advancing SMT-738, a potent therapeutic designed to tackle infections resistant to multiple drugs, notably carbapenem-resistant Enterobacteriaceae. The company also explores the DDS-04 series, targeting infections caused by the Enterobacteriaceae family, demonstrating its commitment to addressing critical gaps in antibiotic therapy through rigorous research and development initiatives.
Founded in 2003, Summit Therapeutics leverages its extensive expertise in microbiology and pharmacology to pioneer novel treatment solutions. The company’s strategic location in Cambridge, a hub renowned for its biomedical research and innovation, facilitates collaborative efforts with leading academic institutions and healthcare partners. This collaborative approach enhances Summit’s capabilities in advancing therapeutic options that meet the evolving needs of patients and healthcare providers globally.
With a steadfast dedication to scientific excellence and patient-centric innovation, Summit Therapeutics remains dedicated to advancing the field of infectious disease management. By focusing on high-impact clinical programs and expanding its portfolio of next-generation antibiotics, the company continues to contribute significantly to improving outcomes for patients suffering from challenging infections worldwide.
Summit Therapeutics stock FAQ
What is the Summit Therapeutics stock ticker symbol?
Summit Therapeutics Inc. trades on the NASDAQ under the ticker symbol SMMT.
What sector and industry is Summit Therapeutics in?
Summit Therapeutics Inc. is classified in the Healthcare sector, Biotechnology industry.
How many employees does Summit Therapeutics have?
Summit Therapeutics Inc. has about 265 full-time employees.
What were Summit Therapeutics's revenue and earnings last fiscal year?
Summit Therapeutics reported revenue of $0 and net income of -$1.08B in fiscal 2025, with earnings per share of -$0.63.
Is Summit Therapeutics in the Russell 1000?
Yes. Summit Therapeutics Inc. (SMMT) is a component of the Russell 1000, which tracks roughly the 1,000 largest U.S. companies.
When did Summit Therapeutics go public?
Summit Therapeutics stock began trading on March 5, 2015.
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