Ideaya rises as drug combo shows survival benefit in rare eye cancer trial

IDEAYA Biosciences

20/10/2025 11:53

** Shares of California-based drug developer Ideaya Biosciences IDYA.O rise 7.3% to $31.40 premarket

** Co says patients treated with combo of darovasertib and Pfizer's Xalkori showed median overall survival of 21.1 months in rare eye cancer in a mid-stage study

** Metastatic uveal melanoma, a rare eye cancer, typically has survival of ~12 months, per published data - IDYA

** Median survival is the length of time after which 50% of patients with a specific disease are still alive and 50% have died

** IDYA says the trial showed 34% response rate and 90% disease control in 44 patients; median response lasted 9 months

** No severe side effects seen in >5% patients; most common were nausea, fatigue, skin rash – IDYA

** Brokerage Leerink Partners say OS data at high end of prior guidance, boosting confidence in late-stage trial success

** Up to last close, stock up ~14% YTD

 (Reporting by Sahil Pandey in Bengaluru)

 ((Sahil.pandey@thomsonreuters.com))