SAN DIEGO--(BUSINESS WIRE)--Ignyta, Inc. (Nasdaq: RXDX), a precision oncology biotechnology company, announced today that it has issued an inducement award to one new non-executive employee.
The award was made on March 15, 2016 under Ignyta’s 2015 Employment Inducement Equity Incentive Award Plan (the “Inducement Plan”), which was adopted July 17, 2015 and provides for the granting of equity awards to new employees of Ignyta. The inducement award consists of an option to purchase 9,000 shares of Ignyta common stock and has a ten-year term.
