Ikena Oncology Announces Strategic Update [Yahoo! Finance]
Ikena Oncology, Inc. (IKNA)
Company Research
Source: Yahoo! Finance
Ended first quarter with $157.3 million; Exploring strategic options to maximize shareholder value BOSTON, May 28, 2024 (GLOBE NEWSWIRE) -- Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena,” “Company”) today announced discontinuation of the clinical IK-930 program, the Company's TEAD1- selective Hippo pathway inhibitor and continued clinical development of IK-595, a novel MEK-RAF molecular glue. Concurrently, Ikena is evaluating strategic options for both the Company and its development pipeline. “Ikena is dedicated to thoughtfully putting our capital to work towards impactful treatments for patients, and in doing so building value for our shareholders. Together with our board of directors, we made the difficult decision to wind down the IK-930 program. Going forward, we believe that IK-930's profile may enable combination opportunities with other targeted agents through partnerships,” commented Mark Manfredi, PhD, Chief Executive Officer of Ikena. “Our MEK-RAF molecular glue, IK-595,
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News
- It's Unlikely That Ikena Oncology, Inc.'s (NASDAQ:IKNA) CEO Will See A Huge Pay Rise This Year [Yahoo! Finance]Yahoo! Finance
- Ikena Oncology, Inc. (NASDAQ: IKNA) was downgraded by analysts at Wedbush from an "outperform" rating to a "neutral" rating. They now have a $2.00 price target on the stock, down previously from $8.00.MarketBeat
- Ikena Oncology, Inc. (NASDAQ: IKNA) had its price target lowered by analysts at HC Wainwright from $11.00 to $4.00. They now have a "buy" rating on the stock.MarketBeat
- UPDATE – Ikena Oncology Announces Strategic UpdateGlobeNewswire
- Ikena Oncology Announces Strategic UpdateGlobeNewswire
IKNA
Earnings
- 3/12/24 - In-Line
IKNA
Sec Filings
- 6/10/24 - Form 4
- 6/10/24 - Form 4
- 6/10/24 - Form 4
- IKNA's page on the SEC website