other material
confidence high
sentiment negative
materiality 0.85
GSK terminates collaboration on IDE275 and IDE705; programs returning to IDEAYA
IDEAYA Biosciences, Inc.
- GSK gave written notice on Dec 9, 2025 to terminate the June 2020 Collaboration, Option and License Agreement.
- Termination effective March 9, 2026; 90-day transition for GSK to transfer Werner Helicase (IDE275) and Pol Theta (IDE705) programs.
- IDEAYA will evaluate strategic options for IDE275 and IDE705 in 2026.
- Cash runway guidance into 2030 remains unchanged despite the termination.