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Premarket Gainers","url":"https://stock-news.laohu8.com/highlight/detail?id=2671169572","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2671169572?lang=en_us&edition=fundamental","pubTime":"2026-09-29 19:12","pubTimestamp":1790680360,"startTime":"0","endTime":"0","summary":"Summit Therapeutics  shares were up more than 23% pre-bell Tuesday after AstraZeneca  agreed to invest $2 billion in convertible preferred shares in Summit, along with a nonbinding clinical collaboration focused on ivonescimab and sonesitatug vedotin.Navitas Semiconductor  stock was 12% higher after the company said late Monday it was awarded the Accelerated, Large-Area, 10 kV SiC IGBT program to develop next-generation 10-kilovolt silicon carbide power semiconductor technology.Q32 Bio  shares were up 9% after Jefferies initiated the company's coverage at buy with a $29 price target.Deep Fission  stock was 8.7% higher, partially reversing the 13% loss at 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Dips Toes in Emerging Class of Cancer Drugs","url":"https://stock-news.laohu8.com/highlight/detail?id=2671297054","media":"Dow Jones","labels":["productRelease"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2671297054?lang=en_us&edition=fundamental","pubTime":"2026-09-29 17:15","pubTimestamp":1790673300,"startTime":"0","endTime":"0","summary":"0914 GMT - AstraZeneca's investment in Summit Therapeutics gives the U.K. drugmaker skin in the game of an emerging class of cancer drugs, UBS analysts say in a research note. Miami-based Summit is developing a cancer drug called ivonescimab that blocks two proteins known as PD-1 and VEGF. Evidence is emerging that this drug class might be superior to Merck's blockbuster medicine Keytruda and recent data also point to potential for combinations with antibody-drug conjugates, according to UBS. AstraZeneca has an extensive antibody-drug-conjugate portfolio and the Summit deal allows it to generate data across multiple tumor types, the analysts say. \"If the PD-1/VEGF class does become the new standard of care in various cancers, it will be important to have such combination data,\" they add. 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Broadens Oncology Portfolio Through Summit Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2671529344","media":"Dow Jones","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2671529344?lang=en_us&edition=fundamental","pubTime":"2026-09-29 13:49","pubTimestamp":1790660940,"startTime":"0","endTime":"0","summary":"0548 GMT - AstraZeneca's agreement with Summit Therapeutics will help the U.K. drugmaker broaden its immuno-oncology portfolio without going all-in, RBC Capital Markets analysts say in a research note. AstraZeneca is investing $2 billion in the Miami-based biotech and entering into a research collaboration centered on ivonescimab, Summit's experimental cancer drug that blocks two proteins--called PD-1 and VEGF--that help tumors grow and evade the immune system. AstraZeneca's investments in this space lacked a so-called PD-1xVEGF asset like ivonescimab, RBC says. Each company retains its development and commercial rights for their assets, which likely signals AstraZeneca believes its own approaches are superior to PD-1xVEGF, the analysts say. 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