Summit's Lead Antimicrobial Fails Pivotal Study, May Spark Therapeutic Shift

Stock Down 50%

Ridinilazole fell short of significance in a late-stage trial, with some analysts now anticipating the company will alter its therapeutic strategy entirely.

CDI Affects Around 50,000 People In The Us Every Year • Source: Alamy

Summit Therapeutics plc’ lead antimicrobial asset has flunked a Phase III study, leading some analysts to predict a second turnaround in therapeutic focus after the company’s mid-stage DMD study failed a few years ago.

The firm’s C. difficile infection (CDI) candidate ridinilazole failed to show superiority over a comparator in the Ri-CoDIFy 2 study...

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