Draken IV was the inhabited fourth planet in the Draken system. The system was located in the Taugan sector, a region of space in the Beta Quadrant. This planet was home to a Starfleet base, and it was located near the Romulan Neutral Zone. Ancient Romulan ruins were located on this planet.
The following year, an archaeological site located on Draken IV was suggested as a possible raiding target for the band of mercenaries operating under Arctus Baran. (TNG: "Gambit, Part I") Starfleet Command anticipated that Baran might attack this planet so a Federation starship was sent to this planet to intercept his ship. (TNG: "Gambit, Part II")