Exhibit 99.1
![LOGO](https://capedge.com/proxy/6-K/0001193125-20-015354/g872840g0125024359161.jpg)
Summit Therapeutics plc
(‘Summit’ or the ‘Company’)
Summit Announces Management Update
Oxford, UK, and Cambridge, MA, US, 24 January 2020 –Summit Therapeutics plc (NASDAQ: SMMT, AIM: SUMM) today announces that Dr David Roblin has resigned as Chief Operating Officer, Chief Medical Officer and President of R&D, effective 31 January 2020.
“David has been instrumental in establishing our leadership position in new mechanism antibiotic development and launching our Phase 3 clinical trials of ridinilazole for the treatment of C. difficile infection,”said Mr Glyn Edwards, Chief Executive Officer of Summit.“We are grateful to David for building a strong team that will continue to advance Summit’s important work and wish him all the very best in his future endeavours.”
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014 (MAR). The person responsible for arranging for the release of this announcement on behalf of the Company is Richard Pye, Vice President, Investor Relations and Corporate Affairs.
About Summit Therapeutics
Summit Therapeutics is a leader in antibiotic innovation. Our new mechanism antibiotics are designed to become the new standards of care for the benefit of patients and create value for payors and healthcare providers. We are currently developing new mechanism antibiotics for infections caused byC. difficile, Enterobacteriaceae and N. gonorrhoeaeand are using our proprietary Discuva Platform to expand our pipeline. For more information, visit www.summitplc.com and follow us on Twitter @summitplc.
Contacts
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Summit | | | | |
Glyn Edwards /Richard Pye (UK office) | | Tel: | | 44 (0)1235 443 951 |
Michelle Avery (US office) | | | | +1 617 225 4455 |
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Cairn Financial Advisers LLP(Nominated Adviser) | | Tel: | | +44 (0)20 7213 0880 |
Liam Murray / Tony Rawlinson / Ludovico Lazzaretti | | | | |
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N+1 Singer(Joint Broker) | | Tel: | | +44 (0)20 7496 3000 |
Aubrey Powell / George Tzimas, Corporate Finance Tom Salvesen, Corporate Broking | | | | |
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Bryan Garnier & Co Limited (Joint Broker) | | Tel: | | +44 (0)20 7332 2500 |
Phil Walker / Dominic Wilson | | | | |
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MSL Group (US) | | Tel: | | +1 781 684 6552 |
Erin Anthoine | | | | summit@mslgroup.com |
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Consilium Strategic Communications(UK) | | Tel: | | +44 (0)20 3709 5700 |
Mary-Jane Elliott / Sue Stuart / Sukaina Virji | | | | summit@consilium-comms.com |
Lindsey Neville | | | | |
Summit Forward-looking Statements
Any statements in this press release about the Company’s future expectations, plans and prospects, including but not limited to, statements about changes in senior management, the potential benefits and future operation of the BARDA contract, including any potential future payments thereunder, the clinical and preclinical development of the Company’s product candidates, the therapeutic potential of the