Press Release

Inmagene Biopharmaceuticals Announces Merger With Ikena Oncology

December 23, 2024

San Diego – December 23, 2024 – Cooley advised Inmagene Biopharmaceuticals, a privately held, global clinical-stage biotechnology company developing novel therapeutics for immunological and inflammatory diseases, on its definitive merger agreement with Ikena Oncology (Nasdaq: IKNA). The transaction is expected to close in mid-2025, subject to customary closing conditions, including approval by each company’s shareholders. Upon completion of the merger, the combined company plans to operate under the name ImageneBio and trade on Nasdaq under the ticker IMA.

Lawyers Lila Hope, Rama Padmanabhan, Patrick Loofbourrow, Asa Henin, Matthew Silverman, Lindsey O’Crump and Brittany Wightman led the Cooley team advising Inmagene.

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