IDEAYA Biosciences to Present First Median Overall Survival Data from Phase 2 Trial of the Darovasertib / Crizotinib Combination in Metastatic Uveal Melanoma at the 2025 Society for Melanoma Research Congress
Rhea-AI Summary
IDEAYA Biosciences (NASDAQ:IDYA) announced the acceptance of an abstract for oral presentation at the 2025 Society for Melanoma Research Congress in Amsterdam. The presentation will feature the first-ever median overall survival data from their Phase 1/2 trial evaluating the combination of darovasertib and crizotinib in first-line metastatic uveal melanoma (mUM).
The study, known as OptimUM-01, includes data from over 40 patients. Dr. Meredith McKean from Sarah Cannon Research Institute will present the findings at the congress, which takes place from October 25-28, 2025. The detailed data from the abstract will be disclosed at a future date.
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News Market Reaction 1 Alert
On the day this news was published, IDYA declined 1.52%, reflecting a mild negative market reaction. This price movement removed approximately $33M from the company's valuation, bringing the market cap to $2.15B at that time.
Data tracked by StockTitan Argus on the day of publication.
Details of the Presentation are as follows:
Title (Abstract #209): First reported overall survival results from a phase 1/2 study of darovasertib (OptimUM-01) plus crizotinib as first-line treatment for metastatic uveal melanoma
Presenter: Dr. Meredith McKean, MD, MPH; Director, Melanoma and Skin Cancer Research at Sarah Cannon Research Institute
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 (i) the potential therapeutic benefits of IDEAYA therapeutics, including combination therapies; and (ii) the timing and content of an oral/poster presentation at the 2025 SMRC related to data from a Ph 1/2 trial of darovasertib in combination with crizotinib in 1L mUM. Such forward-looking statements involve substantial risks and uncertainties that could cause IDEAYA's preclinical and clinical development programs, future results, performance or achievements to differ significantly 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 IDEAYA's programs' in early or late stage of development, the process of designing and conducting preclinical and clinical trials, the regulatory approval processes, the timing of regulatory filings, the challenges associated with manufacturing drug products, IDEAYA's ability to successfully establish, protect and defend its intellectual property, and other matters that could affect the sufficiency of existing cash to fund operations. IDEAYA undertakes no obligation to update or revise any forward-looking statements. For a further description of the 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, see IDEAYA's Annual Report on Form 10-K dated February 18, 2025 and any current and periodic reports filed with the
Investor and Media Contact
IDEAYA Biosciences
Joshua Bleharski, Ph.D.
Chief Financial Officer
investor@ideayabio.com
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SOURCE IDEAYA Biosciences, Inc.