Acquiring Company
Ikena Oncology
Acquired Company
Pionyr Immunotherapeutics
Description
Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena”), a targeted oncology company forging new territory in patient-directed cancer treatment, and Pionyr Immunotherapeutics, Inc. (Pionyr), a privately-held, clinical-stage biotechnology company, today announced the closing of Ikena’s acquisition of Pionyr in an all-stock transaction. Ikena acquired all of Pionyr’s assets, including approximately $43 million in net cash, in exchange for shares of IKNA stock, in a combination of common stock and non-voting convertible preferred stock priced at $7.15 per share.
Quick answer
Ikena Oncology is acquiring Pionyr Immunotherapeutics, announced August 7, 2023. Ikena Oncology is based in Boston, Massachusetts, United States.
- How much did Ikena Oncology pay for Pionyr Immunotherapeutics?
- The deal value was not disclosed.
- 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.
- Where are Ikena Oncology and Pionyr Immunotherapeutics based?
- Ikena Oncology is based in Boston, Massachusetts, United States.
- Who are the decision-makers at Ikena Oncology?
- Fundz holds 1 contact at Ikena Oncology. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at Ikena Oncology, and when
When Ikena Oncology changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Ikena Oncology raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Ikena Oncology, from your own LinkedIn network
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Related People
Frequently asked
Who acquired Pionyr Immunotherapeutics?
Pionyr Immunotherapeutics was acquired by Ikena Oncology, based in Boston. The deal was reported on August 7, 2023. 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. Ikena Oncology is privately held and operates in Biotechnology.
When did Ikena Oncology acquire Pionyr Immunotherapeutics?
Ikena Oncology's acquisition of Pionyr Immunotherapeutics was reported on August 7, 2023. Ikena Oncology, Inc. (Nasdaq: IKNA, “Ikena”), a targeted oncology company forging new territory in patient-directed cancer treatment, and Pionyr Immunotherapeutics, Inc. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Pionyr Immunotherapeutics do?
Pionyr’s programs exploit novel target discovery and antibody generation platform technologies to create the next generation of immuno-oncology therapeutics after checkpoint inhibitors. It is privately held, operating in Biotechnology.
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