Welcome to our dedicated page for Ideaya Biosciences news (Ticker: IDYA), a resource for investors and traders seeking the latest updates and insights on Ideaya Biosciences stock.
IDEAYA Biosciences Inc. (IDYA) is a clinical-stage biotechnology leader advancing precision oncology therapies through synthetic lethality and biomarker-driven approaches. This news hub provides investors and researchers with timely updates on IDYA's innovative pipeline, strategic collaborations, and scientific advancements in targeting cancer vulnerabilities.
Access authoritative reporting on clinical trial progress, regulatory milestones, and research breakthroughs. Our curated collection includes press releases detailing IDEAYA's novel small molecule therapies, molecular diagnostic developments, and partnerships advancing personalized cancer treatments.
Key updates cover therapeutic candidates targeting DNA damage response pathways, tumor microenvironment innovations, and biomarker validation studies. Stay informed about IDEAYA's pioneering work in matched oncology therapies through verified financial filings and scientific disclosures.
Bookmark this page for consolidated access to essential IDYA developments, carefully sourced to support informed analysis of the company's position in the precision medicine landscape. Check regularly for new updates on clinical data readouts and strategic initiatives shaping the future of targeted cancer treatment.
On April 24, 2023, IDEAYA Biosciences (Nasdaq: IDYA) announced a public offering of common stock, pricing 7,439,201 shares at $18.50 each, alongside pre-funded warrants for an additional 2,020,270 shares at $18.4999 each. The total expected gross proceeds from the offering are approximately $175 million before deductions. Underwriters J.P. Morgan, Jefferies, and Citigroup are overseeing the offering, which is anticipated to close around April 27, 2023, pending customary conditions. Additionally, the company has granted underwriters a 30-day option to purchase up to 1,418,920 more shares at the offering price. This public offering is conducted under a previously filed shelf registration statement with the SEC.
IDEAYA Biosciences (NASDAQ: IDYA) has announced its intention to conduct an underwritten public offering of common stock, aiming to raise up to $150 million. The offering will also include a 30-day option for underwriters to purchase an additional $22.5 million in shares. The offering's completion is subject to market conditions, and no assurance is provided regarding its final terms. Leading the offering are J.P. Morgan, Jefferies, and Citigroup as joint book-running managers. The securities will be offered under a previously filed shelf registration statement, and a prospectus supplement will be available on the SEC's website. This press release serves as a preliminary notice and does not constitute a sale offer.
IDEAYA Biosciences announced promising interim results from its Phase 2 clinical trial of darovasertib and crizotinib in metastatic uveal melanoma (MUM) patients, presenting a confirmed overall response rate (ORR) of 45% and a median progression-free survival (PFS) of approximately 7 months in 20 evaluable first-line patients. The disease control rate (DCR) stood at 90%. The FDA provided positive guidance for a Phase 2/3 registrational trial aimed at HLA-A2 negative MUM patients, potentially leading to accelerated approval. Notably, the trial showed 35% ORR in hepatic-only MUM patients and a DCR of 100%. The treatment was well tolerated, with a manageable adverse event profile. IDEAYA has $373 million in cash, sufficient to fund operations into 2026.
