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IDEAYA Biosciences Announces Appointment of Healthcare Investment Banking Veteran Joshua Bleharski as Chief Financial Officer IDEAYA Biosciences, Inc. (Nasdaq: IDYA), a precision medicine oncology company committed to the discovery and development of targeted therapeutics,...

Key Takeaway: IDEAYA Biosciences has appointed Joshua Bleharski, Ph.D., as Chief Financial Officer. Dr. Bleharski, previously with J.P. Morgan, brings nearly 17 years of investment banking experience in the biopharma sector. He will help advance IDEAYA's oncology pipeline, which includes six clinical and three preclinical programs. His transition to the role is expected to be completed by early May.
Price reaction · baseline $23 (2025-02-07 close) · 5 other IDYA headline(s) in the window, move may be shared
day 0 close · peak
-2.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Appointment of a highly experienced CFO to drive growth.
  • Dr. Bleharski brings extensive expertise in biopharma finance.
  • IDEAYA is advancing multiple first-in-class clinical programs.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+47%
120-day peak, hindsight
Typical move
5.2%
average across 6 past catalysts
Cash runway
~42 mo
Minimal dilution risk
Lead asset
IDE892
Phase 1 · NSCLC Adenocarcinoma

Full Press Release Details

SOUTH SAN FRANCISCO, Calif. , Feb. 10, 2025 /PRNewswire/ -- IDEAYA Biosciences, Inc. (Nasdaq: IDYA ), a precision medicine oncology company committed to the discovery and development of targeted therapeutics, today announced the appointment of Joshua Bleharski , Ph.D. as Chief Financial Officer. Dr. Bleharski joins IDEAYA from J.P. Morgan, where he spent nearly 17 years advising clients in the biopharma sector on capital markets transactions, corporate strategy and other investment banking services. IDEAYA anticipates that Dr. Bleharski will complete the transition into his new role by early May.
"We are ecstatic to welcome Josh to IDEAYA as we advance our broad potential first-in-class precision medicine oncology pipeline and build a fully integrated biotechnology company. Josh is a highly accomplished finance executive, with extensive corporate finance, strategy, public financing, and strategic transactions experience that will be invaluable as we drive forward our vision to build the industry leading precision medicine oncology company," said Yujiro S. Hata , President and Chief Executive Officer of IDEAYA Biosciences.
"I am thrilled to be joining IDEAYA during this exciting phase of growth as the company advances 6 potential first-in-class clinical programs and 3 preclinical programs through IND-enabling studies across multiple solid tumor indications. I look forward to working alongside their team of talented, dedicated professionals to realize our collective vision of building a leading precision medicine oncology company focused on scientific innovation and addressing high unmet medical needs in cancer," said Dr. Bleharski.
Prior to IDEAYA, Dr. Bleharski served as a Managing Director and Global Co-Head of Biopharma with J.P. Morgan's Healthcare Investment Banking group. Over the course of his banking career he advised on numerous financing and strategic transactions representing more than $65 billion of value for biotechnology companies worldwide. Earlier in his career he worked as a Senior Staff Scientist at a private biotechnology company in San Diego and was a post-doctoral fellow at the La Jolla Institute for Allergy and Immunology (LIAI) and the UCLA School of Medicine. Dr. Bleharski holds a BS in Biology from Duke University , a Ph.D. in Immunology from the University of California, Los Angeles and an M.B.A. from the Haas School of Business at the University of California, Berkeley .
About IDEAYA Biosciences
IDEAYA is a precision medicine oncology company committed to the discovery and development of targeted therapeutics for patient populations selected using molecular diagnostics. IDEAYA's approach integrates capabilities in identifying and validating translational biomarkers with drug discovery to select patient populations most likely to benefit from its targeted therapies. IDEAYA is applying its research and drug discovery capabilities to synthetic lethality – which represents an emerging class of precision medicine targets.
Forward-Looking Statements This press release contains forward-looking statements related to the company's advancement of its clinical and pre-clinical programs and potential commercialization of its products. IDEAYA undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of IDEAYA in general, see IDEAYA's Annual Report on Form 10-K dated February 20, 2024 and any current and periodic reports filed with the U.S. Securities and Exchange Commission.
Investor and Media Contact IDEAYA Biosciences Andres Ruiz Briseno SVP, Head of Finance and Investor Relations [email protected]

Frequently Asked Questions

Who is the new CFO of IDEAYA Biosciences?

Joshua Bleharski, Ph.D., has been appointed as the new CFO.

What experience does Joshua Bleharski bring?

He has nearly 17 years of experience in investment banking within the biopharma sector.

What programs is IDEAYA advancing?

IDEAYA is advancing six clinical and three preclinical programs.

When will Dr. Bleharski transition to his new role?

He is expected to complete the transition by early May.

Last updated: Feb 10, 2025