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ImageneBio Q1 net loss $10.6M; cash $117.2M, raised $30M in April private placement
Net loss of $10.6M for Q1 2026, vs $9.1M in Q1 2025; R&D $6.0M, G&A $6.1M.
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ImageneBio raises ~$30M via pre-funded warrants to fund atopic dermatitis and alopecia areata programs
Gross proceeds of ~$30M from sale of pre-funded warrants for 5.77M shares at $5.199 each.
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ImageneBio reports Q4 2025 net loss $6.9M; cash $135.3M; Phase 2b ADAPTIVE on track for 2027
Cash, equivalents and marketable securities: $135.3M at Dec 31, 2025 vs $12.1M at Dec 31, 2024, after merger and $75M private placement.
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Imagenebio CMO Yufang Lu resigns effective Dec 31, 2025; search underway
Yufang Lu, M.D., Ph.D., Chief Medical Officer, resigned effective December 31, 2025.
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ImageneBio reports Q3 net loss of $24.8M; advances Phase 2b AD trial with protocol amendment
Cash, equivalents, and marketable securities $142.6M as of Sep 30, 2025; net loss $24.8M for Q3 2025 vs $3.2M in Q3 2024; R&D $15.6M, G&A $11.0M.
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CFO Jotin Marango resigns effective Oct 20; search for replacement begun
CFO Jotin Marango, M.D., Ph.D., resigned effective October 20, 2025.
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ImageneBio files Inmagene pre-merger financials: $13.7M loss, going concern, $6M cash
Inmagene net loss of $7.6M in Q2 2025 and $13.7M in first half 2025; accumulated deficit $197.5M.
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Ikena completes reverse merger with Inmagene, becomes ImageneBio; focuses on IMG-007 for atopic dermatitis
Merger closed July 25: Ikena acquired Inmagene, name changed to ImageneBio, ticker changes to IMA on Nasdaq Capital Market.
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Ikena Oncology completes merger with Inmagene, becomes ImageneBio, raises $75M private placement
Merger closed July 25, 2025; combined company renamed ImageneBio, Inc., trading on Nasdaq under IMA starting July 28.
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Ikena stockholders approve Inmagene merger; 1:12 reverse split; combined co. to trade as IMA
All 7 proposals approved including merger issuance of IKNA shares >20% and reverse split.
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ISS and Glass Lewis recommend Ikena stockholders vote FOR Inmagene merger
Institutional Shareholder Services (ISS) and Glass Lewis recommend voting FOR share issuance related to merger with Inmagene.
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Ikena Oncology merges with Inmagene; Inmagene shareholders to own 55.6% of combined co.
Pre-PIPE, Inmagene shareholders own ~55.6%, Ikena ~44.4% of combined company.
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Ikena Oncology discontinues IK-930, cuts workforce 53%, explores strategic options
Discontinued IK-930 (TEAD1 inhibitor) clinical development; winddown activities began.
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Ikena Oncology appoints Caroline Germa as CMO; Sergio Santillana resigns
Sergio Santillana resigns as CMO effective Feb 29, 2024; will consult through Dec 31, 2024 at $500/hour.
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Ikena Oncology cuts workforce 35%, focuses on IK-930/595; BMS declines opt-in on two programs
Workforce reduction of ~35% (approx. 20 employees) to focus on clinical programs IK-930 and IK-595.
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Ikena reports Q3 cash $196.9M, IK-930 shows stable disease in all 7 EHE patients
Q3 2023 cash, cash equivalents and marketable securities of $196.9M; runway into 2026.
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Stockholders approve stock issuance on conversion of Series A Preferred for Pionyr acquisition
Special meeting on October 11, 2023; 37,464,898 shares outstanding.
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Ikena Oncology acquires Pionyr in all-stock deal, receives ~$43M net cash
Ikena issued 1.8M common shares and 4.2M Series A convertible preferred shares at $7.15/share for all of Pionyr.
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Ikena raises ~$40M in equity offering; Q1 cash $137.8M; runway to 2026
Underwritten offering of 6.11M shares at $6.55/share for gross proceeds of ~$40M; closing expected May 17, 2023.
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Ikena presents preclinical data for IK-930 with TEAD1 selectivity and wider therapeutic window vs panTEAD
IK-930 selectively inhibits TEAD1 with equivalent antitumor activity to panTEAD inhibitors but no renal toxicity in monkeys at any tested dose.
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Ikena Oncology nominates IK-595 as first RAS pathway candidate; IND targeted H2 2023
IK-595: MEK-RAF complex inhibitor traps MEK & RAF in inactive complex, aims to avoid resistance.
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Ikena Oncology reports initial IK-175 clinical data: 20% ORR in combination with nivolumab in urothelial carcinoma
IK-175 combo with nivolumab: 20% ORR, 40% DCR in heavily pretreated urothelial carcinoma patients who progressed on checkpoint inhibitors.
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Ikena Oncology advances IK-175 combination cohort to stage two in Phase 1b trial for urothelial carcinoma
IK-175 (AHR antagonist) Phase 1b trial (NCT04200963) combination with nivolumab expansion cohort advanced to stage two in April 2022.
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Ikena Oncology COO & EVP of Finance Douglas Carlson resigns; interim PAA named
Douglas R. Carlson resigns as COO and EVP of Finance, effective Feb 18, 2022, to pursue other opportunities.