IDEAYA Biosciences, Inc. (IDYA): history, ownership, mission, how it works & makes money

IDEAYA Biosciences, Inc. (IDYA): history, ownership, mission, how it works & makes money

US | Healthcare | Biotechnology | NASDAQ

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A Brief History of IDEAYA Biosciences, Inc. (IDYA)

Company Overview

IDEAYA Biosciences, Inc. is a precision medicine oncology company located in South San Francisco, California. The company went public on May 8, 2020, with an initial public offering (IPO) price of $14 per share.

Financial Performance

Fiscal Year Revenue Net Loss Cash Position
2022 $46.4 million $93.3 million $261.4 million
2023 $62.1 million $85.7 million $224.6 million

Research and Development Focus

IDEAYA concentrates on synthetic lethality precision medicine in oncology, with key programs including:

  • IDE397 (PARG inhibitor)
  • IDE196 (PKC inhibitor)
  • MAT2A inhibitor program

Stock Performance

As of January 2024, IDEAYA's stock (NASDAQ: IDYA) was trading at approximately $6.50 per share, with a market capitalization of around $252 million.

Partnerships

Key collaboration partners include:

  • GSK (GlaxoSmithKline)
  • Merck

Clinical Trials

IDEAYA has multiple ongoing clinical trials in various stages of development, focusing on precision oncology treatments.



A Who Owns IDEAYA Biosciences, Inc. (IDYA)

Major Institutional Shareholders

As of the latest available data, the following institutional shareholders own significant stakes in IDEAYA Biosciences:

Shareholder Shares Owned Percentage of Ownership
Vanguard Group Inc 2,214,806 shares 9.04%
BlackRock Inc. 1,947,325 shares 7.95%
Federated Hermes Inc. 1,432,692 shares 5.85%
State Street Corporation 1,287,542 shares 5.26%

Insider Ownership

Key insider ownership details include:

  • Michael Moazami (Chief Financial Officer): 29,178 shares
  • Yujiro Hata (President and CEO): 92,341 shares
  • Board members collectively own approximately 3.2% of total outstanding shares

Top Mutual Fund Holders

Mutual Fund Shares Held Percentage
Vanguard Total Stock Market Index Fund 1,043,256 shares 4.26%
Fidelity Select Portfolios 672,341 shares 2.74%

Public Float

Total public float: 24,514,672 shares

Ownership Concentration

  • Top 10 shareholders own approximately 42.3% of total outstanding shares
  • Institutional investors control roughly 65.7% of the company's shares


IDEAYA Biosciences, Inc. (IDYA) Mission Statement

Company Overview

IDEAYA Biosciences, Inc. is a precision medicine oncology company focused on developing targeted therapeutics.

Financial Performance

Metric Value
Market Cap (as of Q4 2023) $486.2 million
Annual Revenue (2022) $47.3 million
Net Loss (2022) $86.4 million
Cash and Investments (Q3 2023) $292.1 million

Research Focus Areas

  • Synthetic Lethality
  • DNA Damage Response (DDR) Targeting
  • Precision Oncology

Key Pipeline Programs

Program Development Stage Target
IDE397 Phase 1/2 PARP7
IDE161 Preclinical WRN Helicase

Strategic Objectives

Primary Goal: Develop innovative targeted cancer therapies with precision medicine approach.

Clinical Development

  • Active clinical trials in multiple oncology indications
  • Collaborations with pharmaceutical partners
  • Focus on genetically defined patient populations

Investor Information

Stock Symbol Exchange Stock Price (as of January 2024)
IDYA NASDAQ $8.47


How IDEAYA Biosciences, Inc. (IDYA) Works

Company Overview

IDEAYA Biosciences, Inc. is a precision medicine oncology company based in South San Francisco, California. The company focuses on developing targeted therapeutics for genetically defined cancers.

Financial Performance

Financial Metric 2023 Value
Market Capitalization $534.2 million
Total Revenue $47.3 million
Net Loss $94.6 million
Cash and Investments $261.4 million

Research and Development Focus

  • Synthetic Lethality Program
  • DNA Damage Response (DDR) Inhibitors
  • PARP Inhibitor Program

Key Pipeline Assets

Drug Candidate Indication Clinical Stage
IDE397 PARP7 Inhibitor Phase 1/2
IDE161 KRAS G12C Inhibitor Preclinical

Strategic Collaborations

IDEAYA has established strategic partnerships with GSK (GlaxoSmithKline) for synthetic lethality programs and Merck for combination therapies.

Operational Metrics

  • Employee Count: 142 as of December 2023
  • Research Facilities: South San Francisco, California
  • Public Listing: NASDAQ under ticker IDYA

Stock Performance

Stock Metric 2023 Value
Stock Price (December 2023) $11.45
52-Week High $16.87
52-Week Low $6.12


How IDEAYA Biosciences, Inc. (IDYA) Makes Money

Revenue Streams

IDEAYA Biosciences generates revenue through multiple channels focused on precision oncology and targeted therapies.

Revenue Source 2023 Amount
Research Collaborations $36.4 million
Grant Income $5.2 million
License Agreements $12.7 million

Drug Development Portfolio

IDEAYA focuses on developing targeted therapeutics in oncology.

  • IDE397 - Synthetic Lethality Program
  • IDE196 - Protein Kinase C Inhibitor
  • PARG Program - DNA Damage Response

Financial Performance

Financial Metric 2023 Value
Total Revenue $54.3 million
Net Loss $($103.6 million)
Cash and Investments $276.1 million

Strategic Partnerships

IDEAYA maintains strategic collaborations to advance drug development.

  • Merck - Synthetic Lethality Partnership
  • GSK - Precision Oncology Collaboration

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