Overview
- On Sunday, May 31, a phase 3 trial in China reported that ivonescimab plus chemotherapy reduced the risk of death by about 34 percent versus a PD‑1 immunotherapy plus chemotherapy.
- Median overall survival was 27.9 months with ivonescimab compared with 23.7 months for the comparator, an increase of roughly four months and about a 15 percent improvement in median survival.
- Safety data showed more bleeding and a higher rate of serious adverse events in the ivonescimab arm, with about one-quarter of patients experiencing some bleeding and roughly double the bleeding rate of the control group.
- Summit holds commercialization rights outside China under a multibillion-dollar deal with Akeso, but regulators including the FDA are unlikely to accept China-only data and will look to ongoing global trials for approval decisions.
- The readout strengthens commercial and scientific interest in PD‑1/VEGF bispecific antibodies but the field will watch interim results from the global Harmoni‑3 study later in 2026 to test whether the benefit and safety profile generalize beyond Chinese patients.