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-0.000798424442433628 0.000691967850109094 -5.32282961621914E-05 0.000691967850109094 0.00505668813541288 0.00356629584287015 0.00282109969659872 0.00111779421940708
Stock impact report

Ideaya Biosciences: A Strong Bet In Targeted Oncology [Seeking Alpha]

IDEAYA Biosciences, Inc. (IDYA) 
Last ideaya biosciences, inc. earnings: 3/24 06:00 am Check Earnings Report
Company Research Source: Seeking Alpha
PRMT5 inhibitors have gained attention in the biotech industry, with Bristol Myers paying $5.8 billion, in part, for Mirati's PRMT5 medication. IDEAYA's second lead drug, IDE397, is a PRMT5 inhibitor being studied in combination with an Amgen drug, with worldwide commercial rights retained by IDEAYA. Given the company's strategic positioning and the high unmet medical need in its target indications, IDEAYA appears to be a promising investment with significant upside potential. IDEAYA Biosciences Ascends with Promising Oncology Pipeline IDEAYA Biosciences, Inc. NASDAQ: IDYA ) is up 57% since my "Buy" recommendation in September, outpacing the S&P 500 ( SP500 ) by over 40%. Back then, I was bullish on their lead clinical candidate, darovasertib , for treating metastatic uveal melanoma (MUM). Not much has changed since then, besides a more favorable macro environment for biotechs. It is interesting to note that PRMT5 inhibitors have attracted attention recently, particularly a Show less Read more
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