Recent Updates
Recently added Catalysts
OLMA Positive Sentiment

Olema Oncology to Present Trial-in-Progress Poster for Phase 3 OPERA-02 Trial of Palazestrant Plus Ribociclib at SABCS 2025

Key Takeaway: Olema Oncology announced it will present a trial-in-progress poster for the Phase 3 OPERA-02 trial at the upcoming San Antonio Breast Cancer Symposium (SABCS 2025). The trial evaluates the efficacy of palazestrant combined with ribociclib for treating advanced ER+/HER2- breast cancer. The poster presentation is scheduled for December 12, 2025.
Price reaction · baseline $8.78 (2025-10-30 close) · hit after-hours · 2 other OLMA headline(s) in the window, move may be shared
day 0 close
+2.2%
day 1
-4.1%
day 3 · peak
-9.5%

Market Sentiment Analysis

POSITIVE FACTORS

  • Olema is advancing innovative therapies for breast cancer.
  • Palazestrant shows promising efficacy in clinical studies.
  • The presentation at SABCS 2025 highlights ongoing research efforts.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+73%
120-day peak, hindsight
Typical move
8%
average across 7 past catalysts
Cash runway
~30 mo
Minimal dilution risk
Lead asset
Palazestrant
Phase 3 · Breast Cancer

Full Press Release Details

SAN FRANCISCO, Oct. 30, 2025 (GLOBE NEWSWIRE) --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, today announced it will present a trial-in-progress poster for the Phase 3 OPERA-02 trial at the 2025 San Antonio Breast Cancer Symposium (SABCS 2025) taking place December 9-12, 2025 in San Antonio, TX. The trial is evaluating palazestrant in combination with ribociclib in frontline estrogen receptor-positive (ER+), human epidermal growth factor receptor 2-negative (HER2-) advanced or metastatic breast cancer.
Poster Presentation DetailsTitle:OPERA-02: a phase 3 randomized, double-blind, active-controlled study of palazestrant with ribociclib versus letrozole with ribociclib for the first-line treatment of ER+, HER2- advanced breast cancerAbstract Number:264Presentation Number:PS5-12-18Date/Time:Friday, December 12, 2025 from 12:30pm–2:00pm CT / 1:30pm–3:00pm ET
Additional information can be found on theSABCS website. A copy of the poster will be made available on thePublicationspage of Olema’s website in alignment with the SABCS 2025 embargo policy.
About Olema OncologyOlema 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 visitwww.olema.com.
About Palazestrant (OP-1250)Palazestrant (OP-1250) is a novel, orally available small molecule with dual activity as both a complete estrogen receptor antagonist (CERAN) and selective estrogen receptor degrader (SERD). It is currently being investigated in patients with recurrent, locally advanced or metastatic ER-positive (ER+), human epidermal growth factor receptor 2-negative (HER2-) breast cancer. In clinical studies, palazestrant completely blocks ER-driven transcriptional activity in both wild-type and mutant forms of metastatic ER+ breast cancer and has demonstrated anti-tumor efficacy along with attractive pharmacokinetics and exposure, favorable tolerability, central nervous system penetration, and combinability with cyclin-dependent kinase 4/6 (CDK4/6) inhibitors. Palazestrant has been granted U.S. Food and Drug Administration (FDA) Fast Track designation for the treatment of ER+/HER2- metastatic breast cancer that has progressed following one or more lines of endocrine therapy with at least one line given in combination with a CDK4/6 inhibitor. It is being evaluated as a single agent in the ongoing pivotal Phase 3 clinical trial, OPERA-01 and in combination with ribociclib in the ongoing pivotal Phase 3 clinical trial, OPERA-02. Palazestrant is also being evaluated in multiple Phase 1/2 studies in combination with ribociclib, palbociclib, alpelisib, everolimus, and atirmociclib.

Media and Investor Relations ContactCourtney O’KonekVice President, Corporate CommunicationsOlema Oncologymedia@olema.com

Frequently Asked Questions

What is the OPERA-02 trial about?

The OPERA-02 trial evaluates palazestrant combined with ribociclib for treating advanced ER+/HER2- breast cancer.

When will the OPERA-02 trial poster be presented?

The trial poster will be presented on December 12, 2025, at SABCS 2025.

Where is the SABCS 2025 taking place?

The San Antonio Breast Cancer Symposium (SABCS 2025) will be held in San Antonio, TX.

What is palazestrant?

Palazestrant is a novel oral medication that acts as both a complete estrogen receptor antagonist and a selective estrogen receptor degrader.

Last updated: Oct 30, 2025