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Olema Oncology Announces Corporate Name Change

Key Takeaway: Olema Oncology, formerly Olema Pharmaceuticals, has officially changed its corporate name. This change aligns with its focus on developing targeted therapies for breast cancer. The company's stock will continue to trade on Nasdaq under the ticker OLMA. Olema is advancing its pipeline, including two Phase 3 trials for its lead candidate.
Price reaction · baseline $8.04 (2026-11-11 close) · hit pre-market · clean, no other OLMA news in the window
day 0 close · peak
-6.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Company rebranding to reflect focus on oncology
  • Continues trading under the same ticker symbol OLMA
  • Advancing novel therapies for breast cancer
  • Pipeline includes promising candidates in clinical trials

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+84%
120-day peak, hindsight
Typical move
4%
average across 6 past catalysts
Cash runway
~26 mo
Minimal dilution risk
Lead asset
Palazestrant
Phase 3 · Breast Cancer

Full Press Release Details

SAN FRANCISCO, Nov. 12, 2026 (GLOBE NEWSWIRE) -- Olema Oncology, Inc. (formerly Olema Pharmaceuticals, Inc.) (“Olema” or “Olema Oncology”, Nasdaq: OLMA), a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of targeted therapies for breast cancer and beyond, announced that, effective today, it has changed its corporate name from “Olema Pharmaceuticals, Inc.” to “Olema Oncology, Inc.” pursuant to the Company’s Eighth Amended and Restated Certificate of Incorporation filed with the Secretary of State of Delaware.
The Company’s common stock will continue to be listed and trade on the Nasdaq Global Select Market under the ticker symbol “OLMA.” Pursuant to Delaware law, no action was required by stockholders of the Company to effect the name change. Stock certificates reflecting the prior corporate name will continue to be valid.
About Olema Oncology Olema Oncology is a clinical-stage biopharmaceutical company committed to transforming the standard of care and improving outcomes for patients living with breast cancer and beyond. Olema is advancing a pipeline of novel therapies by leveraging our deep understanding of endocrine-driven cancers, nuclear receptors, and mechanisms of acquired resistance. Our lead product candidate, palazestrant (OP-1250), is a proprietary, orally available complete estrogen receptor antagonist (CERAN) and a selective estrogen receptor degrader (SERD), currently in two Phase 3 clinical trials. In addition, Olema is developing OP-3136, a potent lysine acetyltransferase 6 (KAT6) inhibitor, now in a Phase 1 clinical study. Olema is headquartered in San Francisco and has operations in Cambridge, Massachusetts. For more information, please visit www.olema.com.

Media and Investor Relations Contact Courtney O’Konek Vice President, Corporate Communications Olema Oncology media@olema.com

Frequently Asked Questions

What is the new name of Olema Pharmaceuticals?

The company has changed its name to Olema Oncology.

Will the ticker symbol change after the name change?

No, the ticker symbol OLMA will remain the same.

What is Olema's focus area?

Olema focuses on targeted therapies for breast cancer.

What are Olema's lead product candidates?

Olema's lead candidates include palazestrant and OP-3136.

Last updated: Nov 12, 2026