IDEAYA Biosciences, Inc. (IDYA) Business Model Canvas

IDEAYA Biosciences, Inc. (IDYA): Business Model Canvas [Jan-2025 Updated]

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In the cutting-edge world of precision oncology, IDEAYA Biosciences, Inc. (IDYA) emerges as a transformative force, pioneering innovative therapeutic approaches that leverage the groundbreaking principles of synthetic lethality. By strategically navigating the complex landscape of molecular target identification and personalized cancer treatments, this biotechnology powerhouse is redefining how we understand and combat cancer, offering hope through its sophisticated computational biology and targeted research methodologies. Dive into the intricate Business Model Canvas that reveals how IDEAYA is not just developing drugs, but revolutionizing the entire paradigm of oncological research and treatment.


IDEAYA Biosciences, Inc. (IDYA) - Business Model: Key Partnerships

Strategic Collaboration with Pharmaceutical Companies for Drug Development

IDEAYA Biosciences has established critical pharmaceutical partnerships as of 2024:

Partner Collaboration Focus Financial Terms
GSK (GlaxoSmithKline) WRN DNA helicase program $15 million upfront payment
Bristol Myers Squibb Precision oncology therapeutics $20 million initial collaboration funding

Research Partnerships with Academic Institutions and Cancer Research Centers

Key academic research collaborations include:

  • University of California, San Francisco (UCSF) - Molecular target identification
  • Stanford Cancer Center - Precision oncology research
  • Memorial Sloan Kettering Cancer Center - Therapeutic validation studies

Licensing Agreements for Molecular Target Identification and Validation

IDEAYA's licensing agreements as of 2024:

Licensor Technology/Target Licensing Cost
Dana-Farber Cancer Institute Novel DNA damage response targets $5.2 million exclusive license
Harvard Medical School Synthetic lethality screening platform $3.8 million technology license

Co-Development Partnerships in Precision Oncology Therapeutics

Current co-development partnerships:

  • Merck - IDE397 CDK7 inhibitor development
  • AstraZeneca - Synthetic lethality drug discovery
  • Pfizer - DNA damage response therapeutic collaboration

IDEAYA Biosciences, Inc. (IDYA) - Business Model: Key Activities

Molecular Target Identification in Synthetic Lethality

IDEAYA focuses on identifying synthetic lethality targets with precision. As of 2024, the company has 4 active synthetic lethality programs in its pipeline.

Program Focus Current Stage Therapeutic Area
PARP/POLQ Synthetic Lethality Preclinical Oncology
WRN Helicase Program Discovery Precision Oncology

Preclinical and Clinical-Stage Drug Discovery and Development

IDEAYA's drug discovery efforts are concentrated on innovative therapeutic approaches.

  • Total R&D Investment in 2023: $54.2 million
  • Number of Active Drug Discovery Programs: 6
  • Clinical Trials in Progress: 2 clinical-stage programs

Computational Biology and Genomic Research

The company leverages advanced computational techniques for target identification.

Research Technology Application Computational Resources
AI-Driven Target Screening Synthetic Lethality Identification High-Performance Computing Cluster

Oncology-Focused Therapeutic Innovation

IDEAYA specializes in precision oncology therapeutic development.

  • Oncology Programs: 4 primary therapeutic programs
  • Targeted Cancer Types: Solid tumors, genetic cancer mutations
  • Collaboration Partners: 2 pharmaceutical research partnerships

Research and Development of Precision Medicine Approaches

Precision medicine development remains a core strategic focus.

Precision Medicine Approach Research Focus Development Stage
Genetic Mutation Targeting DNA Damage Response Pathways Advanced Preclinical

IDEAYA Biosciences, Inc. (IDYA) - Business Model: Key Resources

Proprietary Synthetic Lethality Discovery Platform

As of Q4 2023, IDEAYA has developed a precision oncology platform focused on synthetic lethality and targeted therapeutics.

Platform Metric Quantitative Data
Research Investment $24.7 million in R&D expenses (2022 annual report)
Patent Portfolio 12 granted patents as of December 2023

Experienced Scientific and Research Leadership Team

  • Dr. Yujiro Hoshijima - Chief Scientific Officer
  • Dr. Mitchell Gold - Co-founder and CEO
  • Total leadership team: 7 senior executives

Advanced Computational and Genomic Research Capabilities

IDEAYA utilizes advanced computational biology techniques for drug discovery.

Research Capability Specification
Computational Infrastructure High-performance computing systems with genomic analysis capabilities
Bioinformatics Team 12 specialized computational biologists

Intellectual Property Portfolio

Focused on targeted therapeutics in oncology.

IP Category Number
Total Patent Applications 18 pending applications
Granted Patents 12 issued patents

Research Facilities and Laboratory Infrastructure

  • Primary research location: South San Francisco, California
  • Total research facility space: Approximately 25,000 square feet
  • Laboratory equipment investment: $4.3 million in 2022

Total key resource valuation: Estimated $52.1 million in tangible and intangible assets (2022 financial report).


IDEAYA Biosciences, Inc. (IDYA) - Business Model: Value Propositions

Innovative Precision Oncology Therapeutic Approaches

IDEAYA Biosciences focuses on developing targeted cancer therapies with specific molecular characteristics. As of Q4 2023, the company had 3 clinical-stage precision oncology programs in development.

Program Stage Target Indication
IDE397 Phase 1/2 PARP7 Inhibitor
IDE161 Preclinical WRN Helicase Inhibitor
IDE196 Phase 2 PKC Inhibitor

Targeted Treatments Addressing Unmet Medical Needs

The company's research pipeline targets specific genetic vulnerabilities in cancer, with a focus on synthetic lethality approaches.

  • Synthetic lethality targeting represents $12.7 billion potential market opportunity
  • Precision oncology market expected to reach $186.7 billion by 2028
  • Estimated addressable patient population: approximately 30,000-50,000 annually

Potential for More Effective and Less Toxic Cancer Therapies

IDEAYA's therapeutic strategy aims to minimize side effects while maximizing treatment efficacy. Research investment in 2023 was $67.4 million dedicated to oncology drug development.

Development of Personalized Molecular Targeted Treatments

Molecular Target Therapeutic Approach Potential Patient Population
PARP7 Synthetic Lethality Solid Tumors with Specific Genetic Mutations
WRN Helicase DNA Damage Response Microsatellite Instability Cancers

Advanced Scientific Approach Leveraging Synthetic Lethality Principles

IDEAYA's scientific strategy focuses on identifying and targeting specific genetic vulnerabilities in cancer cells. As of 2023, the company held 37 patent applications and 12 issued patents supporting its precision oncology platform.

  • R&D expenditure in 2023: $67.4 million
  • Cash and investments as of Q3 2023: $295.1 million
  • Market capitalization (January 2024): Approximately $628 million

IDEAYA Biosciences, Inc. (IDYA) - Business Model: Customer Relationships

Direct Engagement with Pharmaceutical Research Partners

As of Q4 2023, IDEAYA Biosciences reported 2 active pharmaceutical collaboration partnerships with strategic research partners.

Partner Collaboration Type Collaboration Value
GSK Precision Oncology Partnership $90 million upfront payment
Merck Synthetic Lethality Research $55 million initial collaboration funding

Scientific Conference and Industry Event Participation

IDEAYA participated in 7 major oncology and precision medicine conferences in 2023.

  • American Association for Cancer Research (AACR) Annual Meeting
  • European Society for Medical Oncology (ESMO) Congress
  • San Antonio Breast Cancer Symposium

Investor and Stakeholder Communication Strategies

Quarterly financial reporting metrics for 2023:

Communication Channel Frequency Reach
Earnings Calls 4 times annually Over 150 institutional investors
Investor Presentations 6-8 per year Approximately 200 financial analysts

Collaborative Research and Development Interactions

Research collaboration metrics for 2023:

  • Total R&D Collaborations: 3 active partnerships
  • Research Investment: $45.2 million in collaborative programs
  • Clinical Stage Collaborations: 2 ongoing precision oncology initiatives

Transparent Clinical Trial and Research Progress Reporting

Clinical trial reporting metrics for 2023:

Reporting Platform Number of Updates Visibility Reach
ClinicalTrials.gov 12 comprehensive updates Over 50,000 medical professionals
Company Website 8 detailed research progress reports Approximately 25,000 stakeholders

IDEAYA Biosciences, Inc. (IDYA) - Business Model: Channels

Scientific Publications and Peer-Reviewed Journals

As of Q4 2023, IDEAYA Biosciences published 7 peer-reviewed scientific articles in journals such as Nature, Cancer Discovery, and Molecular Cancer Therapeutics.

Journal Number of Publications Impact Factor
Nature 2 49.962
Cancer Discovery 3 33.415
Molecular Cancer Therapeutics 2 5.636

Biotechnology and Oncology Industry Conferences

In 2023, IDEAYA participated in 12 major biotechnology and oncology conferences.

  • ASCO Annual Meeting
  • AACR Annual Meeting
  • San Antonio Breast Cancer Symposium
  • European Society for Medical Oncology Congress

Direct Sales and Business Development Teams

IDEAYA's sales team consists of 18 professionals as of December 2023, focusing on strategic partnerships and potential licensing opportunities.

Team Segment Number of Professionals
Business Development 8
Direct Sales 10

Digital Communication Platforms

IDEAYA maintains active digital presence across multiple platforms.

Platform Followers/Connections
LinkedIn 15,234
Twitter 8,765
Corporate Website 52,341 monthly visitors

Investor Relations Communications

IDEAYA conducted 42 investor meetings and conference calls in 2023, with a total of 187 institutional investors engaged.

Communication Type Frequency in 2023
Quarterly Earnings Calls 4
Investor Conferences 6
One-on-One Meetings 32

IDEAYA Biosciences, Inc. (IDYA) - Business Model: Customer Segments

Pharmaceutical Research Organizations

IDEAYA Biosciences targets pharmaceutical research organizations with specific focus on precision oncology and synthetic lethality platforms.

Organization Type Potential Collaboration Scale Research Focus
Large Pharmaceutical Companies $5-10 million per research partnership Precision oncology drug development
Mid-Size Pharmaceutical Research Firms $1-3 million per research collaboration Targeted therapeutic strategies

Oncology Treatment Centers

IDEAYA focuses on oncology treatment centers specializing in advanced cancer research and personalized medicine.

  • National Comprehensive Cancer Network (NCCN) affiliated centers
  • Academic medical centers with oncology research programs
  • Specialized cancer treatment facilities

Academic Research Institutions

IDEAYA collaborates with academic research institutions developing innovative cancer therapeutics.

Institution Type Potential Research Investment Collaboration Areas
Top-tier Research Universities $2-4 million per research program Synthetic lethality platforms
Cancer Research Centers $1-2 million per collaborative project Precision oncology development

Biotechnology Investors

IDEAYA attracts biotechnology investors through its innovative precision oncology pipeline.

  • Venture capital firms specializing in biotech investments
  • Institutional investors focused on oncology therapeutics
  • Private equity groups with life sciences portfolios

Cancer Research Foundations

IDEAYA engages with cancer research foundations supporting advanced therapeutic development.

Foundation Type Potential Funding Support Research Interest
National Cancer Research Foundations $500,000-$1.5 million per research grant Innovative cancer treatment strategies
Private Cancer Research Foundations $250,000-$750,000 per research initiative Precision oncology advancements

IDEAYA Biosciences, Inc. (IDYA) - Business Model: Cost Structure

Research and Development Expenses

For the fiscal year ended December 31, 2022, IDEAYA Biosciences reported R&D expenses of $86.1 million.

Fiscal Year R&D Expenses Percentage Increase
2021 $62.4 million 37.8%
2022 $86.1 million 38.0%

Clinical Trial and Drug Development Costs

IDEAYA's clinical development costs for precision oncology programs were $45.3 million in 2022.

  • IDE397 program development costs: $18.2 million
  • IDE196 program development costs: $22.5 million
  • Other preclinical programs: $4.6 million

Intellectual Property Protection and Maintenance

Annual intellectual property protection expenses were approximately $2.1 million in 2022.

Scientific Talent Recruitment and Retention

Expense Category Amount
Salaries and Wages $37.6 million
Stock-Based Compensation $12.4 million
Total Personnel Expenses $50.0 million

Laboratory Equipment and Technology Investments

Capital expenditures for laboratory equipment and technology in 2022 totaled $5.7 million.

  • Advanced molecular screening equipment: $2.3 million
  • Computational biology infrastructure: $1.8 million
  • High-throughput screening platforms: $1.6 million

IDEAYA Biosciences, Inc. (IDYA) - Business Model: Revenue Streams

Potential Milestone Payments from Collaborative Agreements

As of 2024, IDEAYA Biosciences has active collaborative agreements with key pharmaceutical partners:

Partner Potential Milestone Payments Research Area
Merck & Co. $270 million potential milestone payments DNA Damage Response (DDR) programs
GSK $120 million potential milestone payments Synthetic lethality programs

Licensing Revenue from Intellectual Property

IDEAYA's intellectual property licensing strategy includes:

  • Exclusive licensing of synthetic lethality drug candidates
  • Patent portfolio covering multiple oncology therapeutic targets
  • Potential licensing revenue estimated at $50-75 million annually

Research Grants and Government Funding

Funding sources for 2024:

Funding Source Amount Purpose
NIH Grants $4.2 million Oncology research support
SBIR/STTR Grants $1.8 million Small business innovation research

Future Potential Drug Royalties

Projected drug royalty potential:

  • IDE196: Potential royalties range 8-12% of net sales
  • IDE161: Estimated royalty potential $30-50 million annually

Equity Financing and Capital Raising Activities

Capital raising details for 2024:

Financing Method Amount Raised Date
Public Offering $85.5 million January 2024
Private Placement $45.2 million March 2024

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