March 3, 2023 11:24 AM EST
News Briefing

Sum­mit clos­es $500M raise, de­spite low­er mar­ket cap; Rev­o­lu­tion rais­es $300M in stock sale

Max Gelman

Senior Editor

Lei Lei Wu

News Reporter

Bob Dug­gan’s Sum­mit Ther­a­peu­tics has com­plet­ed its $500 mil­lion raise — even though its mar­ket cap is short of that fig­ure. …

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