InsideArbitrage Potential Deal Alert: Ikena Oncology (IKNA) Explores Strategic Options to Maximize Shareholder Value

POTENTIAL DEAL DETAILS

Ikena Oncology, Inc. (IKNA) announced that it is evaluating strategic options for both the company and its development pipeline, as it discontinues the clinical IK-930 program, the TEAD1- selective Hippo pathway inhibitor, and continues clinical development of IK-595, a novel MEK-RAF molecular glue.

In connection with the discontinuation of IK-930 development, the company executed a workforce reduction of approximately 53%.

Ikena Oncology Investor Relations

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