earnings
confidence high
sentiment positive
materiality 0.80
IDEAYA: darovasertib combo meets primary endpoint in mUM; Q2 net loss $112.5M; cash $1.24B
IDEAYA Biosciences, Inc.
- Registrational OptimUM-02 trial met primary endpoint: median PFS 6.9 vs 3.1 months (HR 0.42, p<0.0001); NDA filing underway under RTOR.
- Q2 2026 net loss $112.5M vs $98.5M in Q1; R&D expenses $108.7M; G&A $22.5M.
- Cash, cash equivalents and marketable securities $1.24B as of June 30, 2026; cash runway into 2030 unchanged.
- Clinical collaboration with Roche to evaluate IDE892 + RG6505 in MTAP-deleted, RAS-mutant PDAC; Phase 1 combo trial to start H2 2026.
- Updated data from IDE849 (DLL3 ADC) and OptimUM-01/09 at ESMO; Phase 3 registrational trial for IDE849 targeted by end 2026.