Ideaya Biosciences Inc is trading 5.8% up at $31.98 in pre-market, extending the strong momentum seen in the previous session.
- The stock continues to climb following the announcement of the first patient enrolled in a Phase 1 trial evaluating the combination of IDE892 and IDE397 for MTAP-deleted solid tumors.
- The clinical study targets high-need indications including non-small cell lung and pancreatic cancers, serving as a significant catalyst for the company's oncology pipeline.
- Shares are showing relative strength and outperforming the broader market, which remains largely flat in early trading.