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Thursday, February 15, 2024

Nurix results, update

 NX-5948 received Fast Track designation from the FDA

NX-5948 showed positive results in Phase 1 clinical trial establishing a robust foundation for advancement in CLL

Licensed to Gilead a new development candidate, NX-0479/GS-6791, a targeted protein degrader of IRAK-4 for rheumatoid arthritis

Formed strategic collaboration with Seagen (now Pfizer) to advance a portfolio of degrader-antibody conjugates based on our industry-leading DELigase platform

Achieved $100 million in non-dilutive capital from partners in 2023, including $60 million upfront from Seagen and $40 million in success-based milestones and licensing fees from Gilead and Sanofi

Maintained strong financial position with cash and investments of $295.3 million

https://www.globenewswire.com/news-release/2024/02/15/2830345/0/en/Nurix-Therapeutics-Reports-Fourth-Quarter-and-Fiscal-Year-2023-Financial-Results-and-Provides-a-Corporate-Update.html

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