IDEAYA Biosciences

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IDEAYA Biosciences appoints Stu Dorman as Chief Commercial Officer, leveraging his 20+ years of oncology commercialization experience from Gilead Sciences and Bristol Myers Squibb, including successful launches of Trodelvy® and Opdivo®.

IDEAYA Biosciences nominates IDE034, a potential first-in-class B7H3/PTK7 topo-I-payload bispecific antibody drug conjugate (BsADC), as a development candidate and exercises an option for an exclusive worldwide license from Biocytogen. Targeting an IND filing in 2025, IDE034 could be developed as a monotherapy and in combination with IDEAYA's PARG inhibitor IDE161, addressing solid tumors like lung, colorectal, and head and neck cancers.

IDEAYA Biosciences nominates IDE034, a potential first-in-class B7H3/PTK7 topo-I-payload bispecific antibody drug conjugate (BsADC), as a development candidate. IDEAYA exercises an option for an exclusive worldwide license from Biocytogen. Targeting an IND-filing in 2025 for first-in-human clinical evaluation, IDE034 may be developed as a monotherapy and in combination with IDEAYA's PARG inhibitor IDE161. B7H3/PTK7 co-expression in lung, colorectal, and head and neck cancers is reported at 30%, 46%, and 27%, respectively.

IDEAYA exercises option for exclusive worldwide license on Biocytogen's B7H3/PTK7 topo-I-payload bispecific ADC, IDE034, validating Biocytogen's RenLite® platform. IDE034, a potential first-in-class therapy, targets solid tumors and may be combined with IDEAYA's PARG inhibitor IDE161. IDEAYA plans to submit an IND for IDE034 in 2025, aiming for first-in-human trials.

IDEAYA Biosciences reports Q3 2024 financial results and business update, including successful FDA Type C meeting for darovasertib in neoadjuvant UM, exceeding 150 patients enrolled in darovasertib + crizotinib 1L HLA-A2+ MUM trial, and targeting Phase 3 registration-enabling trial initiation in H1 2025. IDE397 shows confirmed ORR by RECIST 1.1 of 40%, 38%, and 22% in MTAP-deletion UC, SqNSCLC, and AdenoNSCLC, respectively, presented at ENA 2024. IDEAYA targets expansion of IDE397 + AMG 193 in MTAP-deletion NSCLC and IDE397 + Trodelvy in MTAP-deletion UC in Q4 2024. IDEAYA also targets Phase 1/2 expansion for IDE161 and FPI in combination with KEYTRUDA in MSI-High and MSS EC in Q4 2024, and IDE705 (GSK 101) Pol Theta Helicase Phase 1 dose escalation ongoing in HRD solid tumors. Received IND clearance for IDE275 (GSK959) Werner Helicase for Phase 1 trial in MSI-High solid tumors, targeting DC nomination for MTAP-deletion, KAT6 pathway, and B7H3/PTK7 Topo-Payload Bispecific-ADC programs in Q4 2024. IDEAYA plans Investor R&D Day on December 16, 2024, to highlight pipeline. Cash, cash equivalents, and marketable securities total $1.2 billion as of September 30, 2024, anticipated to fund operations into at least 2028.

IDEAYA Biosciences granted 62,800 shares of common stock options to two new employees under the 2023 Inducement Plan, with an exercise price of $28.15 per share, vesting over four years.