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Iambic Therapeutics

A clinical-stage biotech using an AI-enabled small-molecule discovery platform to generate development candidates for oncology and other diseases. The company combines computational design with rapid experimental Design–Make–Test–Analyze cycles and advances selected programs internally and through partners.

Headquarters and Global Presence

Iambic is based in San Diego, California, and runs discovery and development across U.S. and international networks. Clinical studies are conducted through multi-center trial sites, with expansion outside the U.S. as programs progress.

Founding and History

Iambic was founded to apply physics-informed AI to protein–ligand modeling and small-molecule design, with the goal of shortening optimization timelines and improving developability. The company has raised multiple venture financings and has advanced at least one internally discovered asset into human clinical testing.

Therapy Areas and Focus

Iambic’s disclosed pipeline is weighted toward oncology, with programs targeting:

  • HER2-driven cancers, including oncogenic mutations
  • Cell-cycle dysregulation pathways
  • Additional oncology targets (including kinesin biology)
    The company also lists a neurological indication program in discovery, indicating platform application beyond oncology.

Technology Platforms and Modalities

Iambic focuses on oral small molecules and positions its platform around:

  • Structure- and physics-informed AI for protein–ligand interaction modeling (including NeuralPLexer)
  • Iterative, high-throughput DMTA cycles to optimize potency, selectivity, PK, safety margins, and developability
  • Coverage of multiple target classes and mechanisms (orthosteric inhibitors, allosteric inhibitors, protein–protein interaction modulation)

Programs and Clinical Pipeline

Lead disclosed programs include:

  • IAM1363 (HER2 wild type and mutant inhibitor): Phase I clinical trial (patient dosing began March 2024). Designed as a selective HER2 inhibitor intended to spare EGFR.
  • IAM-C1 (dual CDK2/4 inhibitor): discovery/IND-enabling stage; positioned as a selective approach to CDK2/4 while avoiding other CDKs.
  • KIF18A allosteric inhibitor: discovery/lead optimization stage for oncology.
  • GPCR target (undisclosed): discovery stage; neurological indication.

Strategic Partnerships

Iambic collaborates with partners to apply its platform to external targets and co-develop selected assets. A recent example is a technology and discovery collaboration with Takeda focused on AI-enabled small-molecule discovery.

Key Personnel

  • Tom Miller, PhD, Co-Founder and Chief Executive Officer
  • Fred Manby, PhD, Co-Founder and Chief Technology Officer
  • Neil Josephson, MD, Chief Medical Officer
  • Pete Olson, PhD, Chief Scientific Officer
  • Michael Secora, PhD, Chief Financial Officer and Chief Corporate Development Officer


FAQ Section

Iambic builds small-molecule drug candidates using its in-house AI discovery platform and advances a mix of internal programs and partnered programs. The model is designed to generate development candidates efficiently and then pursue value through clinical progression and partnering.

The platform is designed to improve early discovery and lead optimization by predicting protein–ligand interactions, generating novel molecules, and iterating quickly through DMTA loops. In practice, success is measured by how reliably it produces candidates that can enter IND-enabling work and early clinical studies with competitive safety and PK profiles.

The disclosed pipeline is primarily oncology, with programs in HER2-driven cancers, cell-cycle targets, and additional oncology mechanisms. The company also lists a neurological indication in discovery, reflecting broader platform applicability.

Recent developments, in reverse chronological order:

  • February 2026: announced a technology and discovery collaboration with Takeda focused on AI-enabled small-molecule discovery.
  • November 2025: announced an oversubscribed financing of more than $100 million to advance internal clinical assets and platform technologies.
  • October 2025: presented early clinical data for IAM1363 from its ongoing Phase I/Ib study in advanced HER2-altered cancers (conference disclosure).

IAM1363 is an irreversible HER2 tyrosine kinase inhibitor designed to target HER2 (including oncogenic mutations) while sparing EGFR. It is being evaluated in a Phase I/Ib open-label, multi-center study in patients with advanced cancers harboring HER2 alterations.

Key execution milestones include:

  • Regulatory progress for BAT2506 (golimumab biosimilar) in the US (FDA review) and Europe (European Commission decision following CHMP opinion)
  • Enrollment progress and eventual readout timing for BAT8006 Phase III
  • Additional partner-led launches and territory expansions for approved biosimilars

Differentiation is ultimately clinical. The most relevant indicators are (1) the number and quality of candidates reaching the clinic, (2) whether early clinical PK/safety enable dosing at exposures consistent with target engagement, and (3) whether programs show reproducible efficacy signals that support clear Phase II decision-making.

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