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IDEAYA Biosciences Announces First-Patient-In for Phase 1 Trial of IDE892, a Potential Best-In-Class PRMT5 Inhibitor for MTAP-Deleted Solid Tumors, and Provides MTAP and CDKN2A Pipeline Update

(Positive)

IDEAYA (NASDAQ: IDYA) announced first-patient-in for its Phase 1 trial of IDE892, an investigational PRMT5 inhibitor for MTAP-deleted solid tumors. IDE892 shows ~1,400-fold selective binding to MTA-PRMT5, single-digit nanomolar potency, >50-fold potency differential, and pico-molar SmB-SDMA inhibition with >100-fold selectivity. The trial will test monotherapy and a planned combination FPI with IDE397 in mid-2026. IDEAYA targets a CDKN2A development candidate nomination in H2 2026 and an IND in H1 2027. The company will deprioritize Trodelvy combinations and conclude enrollment in those trials.

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Positive

  • First patient enrolled in Phase 1 IDE892 trial
  • ~1,400-fold selective binding to MTA-PRMT5 versus SAM-PRMT5
  • Observed single-digit nanomolar potency in MTAP-deleted cell lines
  • Planned combination first-patient-in with IDE397 targeted mid-2026
  • Targeting CDKN2A candidate nomination in H2 2026 and IND in H1 2027

Negative

  • Concluding enrollment in clinical combinations with Trodelvy, reducing that partnership activity
  • Clinical combination FPI with IDE397 is targeted only in mid-2026, indicating timing risk
  • No approved therapies exist for MTAP deletion, underscoring clinical and regulatory uncertainty

News Market Reaction – IDYA

+5.69%
7 alerts
+5.69% Session close to close
$3.07B Market Cap
0.2x Rel. Volume

In the Mar 9 session, IDYA gained 5.69%, reflecting a notable positive market reaction. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility.

Data tracked by StockTitan Argus on the day of publication.

Market Context

The stock moved +5.7% in the session following this news. A strong positive reaction aligns with IDE...
Analysis

The stock moved +5.7% in the session following this news. A strong positive reaction aligns with IDEAYA’s history of favorable responses to clinical milestones, where prior trial updates moved shares around 1.93% on average. The IDE892 first‑patient‑in news also adds to a broad MTAP-pathway and CDKN2A strategy. However, past events show some divergences, and the absence of confirmed pivotal efficacy data for IDE892 means enthusiasm could moderate as investors reassess early-stage risk.

Key Figures

Selectivity: ~1,400-fold selective binding Potency differential: >50-fold potency differential SmB-SDMA potency gap: >100-fold potency differential +5 more
8 metrics
Selectivity ~1,400-fold selective binding MTA-PRMT5 vs SAM-PRMT5 complexes for IDE892
Potency differential >50-fold potency differential MTAP-deleted vs MTAP wild type HCT116 isogenic cell lines
SmB-SDMA potency gap >100-fold potency differential SmB-SDMA inhibition in MTAP-deleted vs wild type cell line
CDKN2A candidate timing H2 2026 Target nomination of first-in-class CDKN2A development candidate
CDKN2A IND timing H1 2027 Target IND filing for CDKN2A-deficiency program
CDKN2A prevalence Over 80% Reported CDKN2A-deficiency prevalence in pancreatic cancer
MTAP deletion NSCLC 15–20% Estimated MTAP deletion rate in non-small cell lung cancer
MTAP deletion pancreatic Up to 40% Estimated MTAP deletion rate in pancreatic cancer

Previous Clinical trial Reports

5 past events · Latest: Feb 27 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Feb 27 Phase 1 FPI milestone Positive +2.6% First patient dosed in IDE034 Phase 1 trial, triggering $5M milestone.
Feb 25 Phase 1 FPI Positive -1.3% IDEAYA announced first‑patient‑in for IDE034 Phase 1 monotherapy/combination trial.
Dec 11 Pivotal trial enrollment Positive -0.2% Completed targeted full enrollment of 435 patients in OptimUM‑02 Phase 2/3 study.
Oct 20 Phase 2 efficacy data Positive +4.3% Positive neoadjuvant darovasertib Phase 2 data with strong eye preservation outcomes.
Oct 20 Phase 2 survival data Positive +4.3% Darovasertib plus crizotinib showed favorable OS, PFS, ORR and DCR in Phase 2.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Clinical trial news has often been received positively, but about two of five prior trial updates showed price divergences, indicating reactions are not uniformly bullish.

Recent Company History

Over the past six months, IDEAYA has reported multiple clinical milestones, including Phase 2 efficacy data and pivotal enrollment for darovasertib, plus first‑patient‑in updates for IDE034 on Feb 25–27, 2026. These events produced mixed but generally positive price reactions, with moves ranging from -1.25% to +4.27%. Today’s IDE892 first‑patient‑in news fits this pattern of expanding the synthetic lethality pipeline alongside ongoing registrational work.

Key Terms

prmt5, mat2a, mtap-deleted, pharmacokinetics, +3 more
7 terms
prmt5 medical
"IDE892 was designed to be a potential best-in-class PRMT5 inhibitor, with ~1,400-fold selective binding"
PRMT5 is a cellular enzyme that adds small chemical tags to specific spots on other proteins, which changes how those proteins behave and how genes are read. Investors care because blocking or modifying PRMT5 can alter cell growth and survival, making it a promising drug target—especially in cancer—so clinical trial results, regulatory decisions, or biomarker developments related to PRMT5 programs can materially affect the value and risk of companies working in that space.
mat2a medical
"IDE892 and IDE397, IDEAYA's MAT2A inhibitor, in mid-2026."
MAT2A is a gene that makes an enzyme responsible for producing a key cellular chemical (S‑adenosylmethionine) used to add small chemical “tags” that control gene activity and cell growth. For investors, MAT2A matters because drugs that block or modulate this enzyme act like a control knob for diseased cells—successful therapies can drive significant company value, while development and approval risks mean outcomes are uncertain.
mtap-deleted medical
"IDE892 has demonstrated monotherapy regressions in MTAP-deleted preclinical models, and durable complete responses"
mtap-deleted describes cells or tumors that have lost the MTAP gene, a molecular ‘tool’ normally involved in a basic cellular recycling pathway. For investors, this matters because that missing tool can create a specific weakness drug developers can target, helping identify which patients a therapy might work for and shaping clinical trial design, potential market size, and the commercial value of precision medicines.
pharmacokinetics medical
"The trial will assess safety, tolerability, pharmacokinetics, and pharmacodynamics of IDE892"
Pharmacokinetics is the study of how a substance, such as a drug or chemical, moves through and is processed by the body over time. It tracks how it is absorbed, distributed, broken down, and eventually eliminated. For investors, understanding pharmacokinetics helps gauge the effectiveness, safety, and potential risks of new medications or treatments, which can influence a company’s success and valuation in the healthcare industry.
pharmacodynamics medical
"The trial will assess safety, tolerability, pharmacokinetics, and pharmacodynamics of IDE892"
Pharmacodynamics is how a drug actually affects the body — the strength, type and duration of its effects and the relationship between dose and response. Think of it like how turning a thermostat changes room temperature: it shows what the drug does and how much is needed to get the desired effect. Investors care because these properties drive clinical success, dosing convenience, safety profile and competitive advantage, all of which influence commercial potential and regulatory approval.
spliceosome medical
"substrate involved in mRNA splicing, spliceosome protein SmB (SmB-SDMA), with pico-molar potency"
A spliceosome is a cellular molecular machine that edits raw messenger RNA by cutting out noncoding segments and joining the remaining pieces so genes produce the correct proteins. Think of it as an editor or scissors that shapes the final instructions a cell uses. It matters to investors because drugs or tests that affect or measure spliceosome activity can change disease outcomes, create new therapies, or serve as biomarkers, influencing biotech valuations and clinical prospects.
adc medical
"TOP1 payload ADCs in this setting, including IDE034, its B7H3/PTK7 bispecific TOP1 ADC."
An antibody-drug conjugate (ADC) is a targeted cancer medicine that pairs an antibody that recognizes specific markers on tumor cells with a potent cell-killing drug, connected so the toxic payload is delivered directly to the cancer. For investors, ADCs matter because successful ADCs can improve patient outcomes and reduce side effects compared with traditional chemotherapy, shaping clinical trial success, regulatory approval chances, commercial demand, and a company’s valuation much like a guided missile versus a general bomb.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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  • Potential best-in-class profile, including ~1,400-fold selective binding to MTA-PRMT5 versus SAM-PRMT5 complexes, and single-digit nanomolar potency in MTAP-deleted cell lines
  • IDE892 is being evaluated as a monotherapy agent in MTAP-deleted solid tumors, including NSCLC and PDAC, and targeting combination FPI with IDE397 (MAT2A) in mid-2026
  • Targeting nomination of a first-in-class CDKN2A development candidate in H2 2026 and IND in H1 2027; prevalence of CDKN2A-deficiency has been reported at over 80% in PDAC
  • IDEAYA will deprioritize combination activities with Trodelvy as part of a strategic prioritization of its proprietary MTAP-deleted and CDKN2A pipeline

SOUTH SAN FRANCISCO, Calif., March 9, 2026 /PRNewswire/ -- IDEAYA Biosciences, Inc. (NASDAQ: IDYA), a leading precision medicine oncology company, today announced that the first patient has been enrolled in its Phase 1 clinical trial evaluating IDE892, an investigational MTA-cooperative PRMT5 inhibitor being developed for patients with MTAP-deleted solid tumors, including non-small cell lung cancer and pancreatic cancer.  The trial will assess safety, tolerability, pharmacokinetics, and pharmacodynamics of IDE892 as a monotherapy agent and in combination with IDE397, IDEAYA's MAT2A inhibitor, in mid-2026.  Dual inhibition of IDE892 and IDE397 has demonstrated durable and well-tolerated tumor regressions in preclinical MTAP-deleted tumor models, including in NSCLC.

"We are excited to have enrolled the first patient in our Phase 1 clinical trial evaluating IDE892 in patients with MTAP-deleted solid tumors, including non-small cell lung cancer and pancreatic cancer.  We designed IDE892 with potential best-in-class properties, including specific biophysical and pharmacokinetic properties that we believe will maximize its therapeutic window and clinical efficacy, both as a monotherapy agent and as a combination partner with our MAT2A inhibitor, IDE397.  Next, we look forward to advancing our first-in-class CDKN2A-defiency program to progress our broader corporate strategy of enabling wholly owned rational combinations targeting MTAP-deletion," said Yujiro S. Hata, President and Chief Executive Officer, IDEAYA Biosciences.

IDE892 was designed to be a potential best-in-class PRMT5 inhibitor, with ~1,400-fold selective binding to MTA-PRMT5 versus SAM-PRMT5 complexes and observed single-digit nano-molar potency in endogenous MTAP-deleted cell lines, and greater than 50-fold potency differential in MTAP-deleted versus MTAP wild type HCT116 isogenic cell lines.  In addition, IDE892 inhibited the arginine dimethylation of a key PRMT5 substrate involved in mRNA splicing, spliceosome protein SmB (SmB-SDMA), with pico-molar potency in MTAP-deleted cell lines with greater than 100-fold potency differential versus an MTAP wild type cell line.  IDE892 has demonstrated monotherapy regressions in MTAP-deleted preclinical models, and durable complete responses in combination with IDE397. 

Loss of MTAP leads to the accumulation of methylthioadenosine (MTA) and increased dependence on PRMT5 and MAT2A, two key enzymes involved in methylation and RNA splicing.  In MTAP-deleted tumors, this biology establishes a robust synthetic lethal vulnerability that underpins the mechanistic rationale for combining IDE892 and IDE397.  In preclinical studies, dual inhibition of PRMT5 and MAT2A with the combination of IDE892 and IDE397 resulted in potent anti-tumor activity in MTAP-deleted tumor models, including complete and durable responses at well-tolerated doses below those required for monotherapy activity.

IDEAYA has also advanced its CDKN2A-deficiency program and is on track to select a potential first-in-class development candidate in H2 2026 with a target IND in H1 2027.  IDEAYA has demonstrated robust monotherapy efficacy with its CDKN2A lead in multiple preclinical models, including in a KRAS mutation pancreatic model.  IDEAYA plans to evaluate its CDKN2A-deficiency program preclinically as a monotherapy agent, and in combination with assets in its MTAP-deletion portfolio and potentially other RAS and KRAS targeted assets.  CDKN2A-defiency is common in cancer, with a prevalence of over 80% in pancreatic cancer (M. Schutte, et al., Cancer Research, 1997; IDEAYA analysis, TCGA) and is typically co-deleted in MTAP-deletion solid tumors and a common co-alteration with KRAS mutations, particularly in pancreatic cancer, creating rational combination opportunities with MTAP-deletion and KRAS targeted therapies, respectively.

As part of IDEAYA's strategic prioritization of its proprietary MTAP-deleted pipeline, including IDE397 and IDE892, and the advancement of its CDKN2A-deficiency program, the company has deprioritized its clinical combination activities with Trodelvy and will be concluding enrollment in the ongoing Phase 1/2 trials with Gilead.  Based on preliminary data from these trials supporting the mechanistic rationale for the combination in MTAP-deleted cancers, IDEAYA may evaluate additional combinations between IDE397 and other TOP1 payload ADCs in this setting, including IDE034, its B7H3/PTK7 bispecific TOP1 ADC. 

MTAP deletion is estimated to occur in 15–20% of non-small cell lung cancer, up to 40% of pancreatic cancer, and approximately 15% of all solid tumors, and is commonly co-deleted with CDKN2A due to the proximity of the two genes on chromosome 9p21.  There are no approved therapies for patients with MTAP deletion, highlighting the significant unmet need and important new opportunities for precision therapies.

About IDEAYA Biosciences

IDEAYA is a precision medicine oncology company committed to the discovery, development, and commercialization of transformative therapies for cancer.  Our approach integrates expertise in small-molecule drug discovery, structural biology and bioinformatics with robust internal capabilities in identifying and validating translational biomarkers to develop tailored, potentially first-in-class targeted therapies aligned to the genetic drivers of disease.  We have built a deep pipeline of product candidates focused on synthetic lethality and antibody-drug conjugates, or ADCs, for molecularly defined solid tumor indications.  Our mission is to bring forth the next wave of precision oncology therapies that are more selective, more effective, and deeply personalized with the goal of altering the course of disease and improving clinical outcomes for patients with cancer.

Forward-Looking Statements

This press release contains forward-looking statements, including, but not limited to, statements related to the potential best-in-class profile, safety, efficacy and therapeutic benefit of IDE892, IDE397 and IDEAYA's CDKN2A-deficiency program; the mechanistic rationale and potential clinical benefit of PRMT5 and MAT2A co-inhibition; the timing, progress, design and results of IDE892's Phase 1 clinical trial; the anticipated timing of first-patient-in for the IDE892 and IDE397 combination in mid-2026; the timing of CDKN2A development candidate selection in the second half of 2026 and IND submission in the first half of 2027; the potential for combination strategies involving IDE892, IDE397 and CDKN2A assets; the prevalence of MTAP deletion and CDKN2A deficiency in certain cancers; projected cost savings associated with strategic prioritization decisions; and the potential market opportunity for IDEAYA's product candidates. Such forward-looking statements are based on management's current expectations, assumptions and beliefs and involve substantial risks and uncertainties that could cause actual results, including, but not limited to, those related to IDEAYA's clinical programs, commercial activities, and performance and/or achievements, to differ significantly and/or materially from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainties inherent in the drug development process, including the process of designing and conducting preclinical and clinical trials,  enrollment rates, safety outcomes, efficacy results, regulatory interactions and decisions, and the ability to translate preclinical findings into clinical benefit, manufacturing and supply risks, competition, changes in standard of care, the timing and success of commercialization efforts, the outcome of collaborations and licensing arrangements,  IDEAYA's ability to successfully establish, protect and defend its intellectual property, and other matters that could affect the sufficiency of financial resources  to fund operations. IDEAYA undertakes no obligation to update or revise any forward-looking statements.  A further description of  risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of IDEAYA in general, are in IDEAYA's filings with the Securities and Exchange Commission, including IDEAYA's most recent Annual Report on Form 10-K  and any current and periodic reports filed with the U.S. Securities and Exchange Commission.

Investor and Media Contact

IDEAYA Biosciences
Joshua Bleharski, Ph.D.
Chief Financial Officer  
investor@ideayabio.com

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SOURCE IDEAYA Biosciences, Inc.

FAQ

What is IDEAYA announcing about IDE892 (IDYA) on March 9, 2026?

IDEAYA announced the first patient was enrolled in the Phase 1 trial of IDE892. According to the company, IDE892 showed ~1,400-fold selectivity to MTA-PRMT5 and single-digit nanomolar potency in MTAP-deleted models, supporting monotherapy and planned combination testing.

When will IDEAYA (IDYA) begin combination dosing of IDE892 with IDE397?

IDEAYA targets a combination first-patient-in with IDE397 in mid-2026. According to the company, preclinical data showed durable complete responses with the IDE892 and IDE397 combination in MTAP-deleted tumor models.

What are the key potency and selectivity metrics reported for IDE892 (IDYA)?

IDE892 displayed ~1,400-fold selective binding to MTA-PRMT5 and single-digit nanomolar potency. According to the company, IDE892 also showed >50-fold potency differential versus MTAP wild type and pico-molar SmB-SDMA inhibition with >100-fold selectivity.

What is IDEAYA's timeline for its CDKN2A-deficiency program (IDYA)?

IDEAYA expects to nominate a CDKN2A development candidate in H2 2026 and target an IND in H1 2027. According to the company, preclinical monotherapy efficacy supports further evaluation alone and in combinations with MTAP-deletion and KRAS-targeted assets.