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Eikon Therapeutics raises $381M in IPO, advances lung cancer and PARP inhibitor trials, reports 2025 financials.

Company Fundamentals
30 Mar 2026
GlobeNewsWire
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Bullish
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Eikon Therapeutics completed an upsized IPO in February 2026, raising $381 million to fund its clinical programs. The company finished enrollment in a Phase 2 trial for EIK1001 in first-line treatment of stage 4 non-small cell lung cancer and is progressing trials for next-gen PARP1 inhibitors and a WRN helicase inhibitor. Financially, Eikon reported a net loss of $333.6 million for 2025, with increased R&D and administrative expenses due to expanded clinical activities and new headquarters. The company expects its cash position to support operations into late 2027 and anticipates data from key trials in the second half of 2026.

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