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Summit Therapeutics' Glyn Edwards talks US$50mln backing and ridinilazole progress

Summit Therapeutics PLC's (LON:SUMM, NASDAQ:SMMT) CEO Glyn Edwards sat down with Proactive London's Andrew Scott following the news of a US$50mln funding deal with biotech billionaire Bob Duggan.

The investment will help get the company’s next-generation antibiotic through phase III clinical trials.

Edwards will be adding the role of chairman to his responsibilities as chief executive.

Quick facts: Summit Therapeutics PLC

Price: 21 GBX

AIM:SUMM
Market: AIM
Market Cap: £70.54 m
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Summit Therapeutics CEO says anti microbial resistance will be as big a...

Summit Therapeutics PLC (LON:SUMM) CEO Glyn Edwards sat down with Proactive at the 2019 BIO Investor Forum where is explained anti microbial resistance will be as big a problem as climate change. Edwards says recently, Summit reported that Phase II trials showed that antibiotic Ridinilazole...

on 25/10/19

2 min read