Brief: Ikena Oncology Announces Strategic Update

ImageneBio

28/05/2024 22:18

Ikena Oncology Inc  IKNA.O :
    * IKENA ONCOLOGY ANNOUNCES STRATEGIC UPDATE
    * IKENA ONCOLOGY INC: IK-595 DOSE ESCALATION CONTINUES IN
RAS AND
RAF MUTANT CANCERS; ENCOURAGING PK AND PD PROFILE SHOWN TO DATE
    * IKENA ONCOLOGY INC: IKENA TO DISCONTINUE DEVELOPMENT OF
IK-930
    * IKENA ONCOLOGY INC: EXPLORING STRATEGIC OPTIONS TO
MAXIMIZE
SHAREHOLDER VALUE
    * IKENA ONCOLOGY INC: EXECUTING A WORKFORCE REDUCTION OF
APPROXIMATELY 53%
    * IKENA ONCOLOGY INC: PROJECTING CASH AND EQUIVALENTS AT
DECEMBER
31, 2024 TO RANGE FROM $110 MILLION TO $120 MILLION

Source text for Eikon:  ID:nGNX1nmBp5 
Further company coverage:  IKNA.O