# Ikena Oncology

Ikena Oncology is an other based in Princeton, United States.

## Overview

- **Organization type:** other
- **Headquarters:** Princeton, United States
- **Region:** North America
- **Address:** Princeton, Boston, United States
- **Assets under management:** Undisclosed
- **Website:** www.ikenaoncology.com

## Regulatory record

- **Reports private funds:** No

## About

ImageneBio is a clinical-stage biotechnology company developing therapeutics for patients who have immunological, autoimmune and inflammatory diseases.

## Questions

### How does Ikena Oncology's 2025 reverse merger reshape the entity?

The 2025 transaction separated Ikena's legacy oncology programs into a privately held spin-out and merged the remaining shell with Inmagene Biopharmaceuticals. The surviving Nasdaq company was renamed ImageneBio and now focuses exclusively on immunology via the anti-OX40 antibody IMG-007. This architecture means the entity allocators previously tracked as an oncology play is no longer deploying capital toward cancer therapeutics.

### What is IMG-007, and why does the firm consider it differentiated?

IMG-007 is an investigational anti-OX40 monoclonal antibody with an extended half-life. ImageneBio states it inhibits OX40 receptor signaling without depleting T cells — a design claim intended to improve the safety and dosing convenience profile relative to prior OX40-targeting attempts. The company has not published head-to-head clinical data against other OX40 or OX40L agents.

### What is ImageneBio's known deployment posture?

ImageneBio is not a fund or an investment vehicle — it is a publicly traded clinical-stage operating company. All internal resources support IMG-007's clinical advancement. A $30 million private placement in April 2026 provided near-term operating runway.

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Last updated: 2026-06-03T20:00:00.000Z

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