Summit plunges 35%; partner Akesso wins FDA nod for cancer drug

(1min)
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Shares of Summit Therapeutics (NASDAQ:SMMT) ended five straight sessions of gains on Friday as the stock lost ~35%, triggering a trading halt, a day after the FDA approved its partner Akeso’s (OTCPK:AKESF) first internally developed medicine.

Over 11.7M shares of

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SMMT
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