2 Stocks That Could Soar Again in 2025

As we step into 2025, investors are eager to identify stocks that have the potential to soar. While the market has its ups and downs, some companies have shown remarkable resilience and growth potential. In this article, we'll explore two biotech stocks that could be poised for another strong year: Summit Therapeutics(SMMT -3.61%) and Verona Pharma(VRNA 1.70%).

Summit Therapeutics: A Potential Blockbuster in the Making
Summit Therapeutics had a remarkable 2024, with its stock price surging by 584%. This impressive performance was driven by the overwhelmingly positive results from a late-stage clinical study of ivonescimab as a first-line treatment of patients with PD-L1-positive non-small cell lung cancer (NSCLC). Ivonescimab, a drug licensed by Summit, outperformed Merck's blockbuster drug Keytruda in improving progression-free survival rates. This news led to a surge in Summit's stock price and set the stage for potential U.S. approval and expanded clinical development into other types of cancer.

In 2025, Summit plans to announce top-line data from a phase 3 trial of ivonescimab around the middle of the year. Positive results could lead to U.S. approval and further drive growth for the company. Additionally, Summit is expanding clinical development into other types of cancer, which could provide additional catalysts for growth in 2025.

Verona Pharma: A Promising COPD Treatment
Verona Pharma also had a strong 2024, with its stock price rising by 200% following the U.S. Food and Drug Administration (FDA) approval of Ohtuvayre for the maintenance treatment of chronic obstructive pulmonary disease (COPD) in June 2024. Ohtuvayre is expected to become a blockbuster drug, with sales potentially topping the $1 billion mark by 2029. The company is currently in the early stages of rolling out the treatment, with preliminary results for the last three months of 2024 showing net sales for Ohtuvayre expected to come in around $36 million. If the rollout of Ohtuvayre continues to be successful and the company can improve its overall financial position, 2025 could be another great year for Verona Pharma.

Why These Stocks Could Soar Again in 2025
Both Summit Therapeutics and Verona Pharma have shown strong growth potential and have promising pipelines. Their smaller market caps compared to their peers suggest they have more room for growth. Additionally, their upcoming clinical milestones and regulatory approvals could drive their stocks higher in 2025. Positive phase 3 results, U.S. approval, and expansion into new indications or markets could all contribute to increased investor confidence and share price growth.

In conclusion, Summit Therapeutics and Verona Pharma have the potential to soar again in 2025. Their promising pipelines, upcoming clinical milestones, and strong growth potential make them attractive investments for those looking to capitalize on the biotech sector's growth. As always, it's essential to do thorough research and consider your risk tolerance before making any investment decisions.