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Foundery Immune Studio, LLC acquires rights to TREM1, TREM2, and MARCO immune tuning clinical-stage therapies

PRIVATEJan 08, 2025

Acquiring Company

Foundery Innovations, Inc.

Acquired Company

Ikena Oncology

San FranciscoBostonBiotechnologyBiotechnologyHealth CareMedicalTherapeutics

Description

San Francisco-based Foundery Immune Studio, LLC has acquired worldwide rights for three clinical-stage immune tuning therapies from Ikena Oncology, Inc. These monoclonal antibodies target myeloid cells and are engineered to recalibrate the immune environment within tumors with greater precision, potentially revolutionizing the treatment of cancers, autoimmune conditions, and inflammatory diseases.

Quick answer

Foundery Innovations, Inc. is acquiring Ikena Oncology, announced January 8, 2025. Foundery Innovations, Inc. is based in San Francisco, California, United States.

How much did Foundery Innovations, Inc. pay for Ikena Oncology?
The deal value was not disclosed.
What does Foundery Innovations, Inc. do?
Foundery Innovations, Inc. is a San Francisco-based Immunotherapy Venture Studio; a novel scientist-driven enterprise accelerating early-stage R&D.
Where are Foundery Innovations, Inc. and Ikena Oncology based?
Foundery Innovations, Inc. is based in San Francisco, California, United States. Ikena Oncology is based in Boston, Massachusetts, United States.
Who are the decision-makers at Foundery Innovations, Inc?
Fundz holds 1 contact at Foundery Innovations, Inc. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Foundery Innovations, Inc.

Location

San Francisco, California, United States

About

Foundery Innovations, Inc. is a San Francisco-based Immunotherapy Venture Studio; a novel scientist-driven enterprise accelerating early-stage R&D. We aim to develop transformative immunotherapies and mint next-generation immunotherapy companies to treat high unmet need diseases caused by dysfunctional immunological responses. We are led by an academic-oriented leadership team with a combined 50+ years of storied success in drug discovery and development. We are galvanized by untapped biological discoveries, and we aim to re-imagine and re-establish discovery as the basis for the next generation of immunotherapies.

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Frequently asked

Who acquired Ikena Oncology?

Ikena Oncology was acquired by Foundery Innovations, Inc., based in San Francisco. The deal was reported on January 8, 2025. Foundery Innovations, Inc. is a San Francisco-based Immunotherapy Venture Studio; a novel scientist-driven enterprise accelerating early-stage R&D. Foundery Innovations, Inc. is privately held and operates in Biotechnology.

When did Foundery Innovations, Inc. acquire Ikena Oncology?

Foundery Innovations, Inc.'s acquisition of Ikena Oncology was reported on January 8, 2025. San Francisco-based Foundery Immune Studio, LLC has acquired worldwide rights for three clinical-stage immune tuning therapies from Ikena Oncology, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Ikena Oncology do?

Ikena OncologyTM is focused on developing differentiated therapies for patients in need that target nodes of cancer growth, spread, and therapeutic resistance in the Hippo and RAS onco-signaling network. It is privately held, operating in Biotechnology, and is based in Boston.

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