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Ideaya Biosciences initiated with a Buy at TD Cowen

TD Cowen analyst Tyler Van Buren initiated coverage of Ideaya Biosciences (IDYA) with a Buy rating and no price target The company’s pipeline, which will soon have nine clinical-stage programs , represents the best of targeted oncology, the analyst tells investors in a research note. The firm believes Ideaya’s lead combination drug candidate of darovasertib plus crizotinib should launch in 2026 in metastatic uveal melanoma with a high likelihood of success in neoadjuvant.

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