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Nurix Therapeutics (NRIX) Stock News

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Welcome to our dedicated page for Nurix Therapeutics news (Ticker: NRIX), a resource for investors and traders seeking the latest updates and insights on Nurix Therapeutics stock.

Nurix Therapeutics, Inc. reports developments as a clinical-stage biopharmaceutical company developing targeted protein degradation medicines for oncology and autoimmune and inflammatory diseases. News commonly centers on bexobrutideg (NX-5948), a Bruton’s tyrosine kinase degrader, including clinical data in chronic lymphocytic leukemia, small lymphocytic lymphoma and Waldenström macroglobulinemia, as well as updates tied to the DAYBreak development program.

Company updates also cover Nurix’s DEL-AI discovery platform, preclinical degrader programs against targets such as pan-mutant BRAF, CBL-B and Aurora kinase A, and partnered inflammation and immunology programs involving IRAK4 and STAT6 degraders. Recurring announcements include financial results, corporate presentations, scientific meeting data, pipeline progress, capital actions and board or governance changes.

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Nurix Therapeutics, a clinical-stage biopharmaceutical company focused on targeted protein modulation for treating cancer, announced that President and CEO Arthur T. Sands, M.D., Ph.D., will participate in a fireside chat at the 22nd Annual Needham Virtual Healthcare Conference on April 20, 2023, at 3:00 p.m. ET. The event will be available for live streaming, and an archived version will be accessible on the company's website for 30 days post-event.

Nurix's innovative approach includes the discovery and development of small molecules and cell therapies that modulate cellular protein levels using E3 ligases. Their proprietary DELigase platform enables the identification of novel drug candidates targeting E3 ligases, aimed at treating hematologic malignancies and solid tumors. For more information, visit Nurix's website.

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Nurix Therapeutics and Gilead Sciences have announced that Gilead has exercised an option to exclusively license Nurix's investigational protein degrader molecule, NX-0479, now designated GS-6791. This trigger represents a major milestone in their 2019 collaboration, providing Nurix with a $20 million option fee, with additional potential payments of up to $425 million dependent on various milestones. GS-6791, a selective IRAK4 degrader, targets inflammatory responses in conditions like rheumatoid arthritis. This development highlights the strategic significance of their collaboration and Nurix's innovative DELigase platform for advancing therapeutic candidates.

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Nuri Therapeutics (Nasdaq: NRIX) announced the upcoming presentation of preclinical data on its targeted BTK degraders, NX-2127 and NX-5948, at the AACR 2023 Annual Meeting in Orlando, FL, from April 14-19, 2023. Both compounds are undergoing Phase 1 trials for patients with relapsed or refractory B cell malignancies. Key presentations include NX-2127 as a first-in-class degrader of BTK and IKZF1/3 as well as NX-5948, which selectively degrades inhibitor-resistant BTK mutants. Details will be available for on-demand viewing starting April 14, 2023. Nurix focuses on innovative therapies aimed at modulating protein levels for cancer treatment.

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Nurix Therapeutics (Nasdaq: NRIX) will present a corporate overview at the Oppenheimer 33rd Annual Healthcare Conference on March 14, 2023, at 10:40 a.m. ET. The presentation by Arthur T. Sands, M.D., Ph.D., the company's president and CEO, will be available via webcast on the Nurix website in the Investors section. The archived webcast will be accessible for 30 days post-event. Nurix, a clinical-stage biopharmaceutical company, focuses on developing targeted protein modulation drugs for cancer treatment. Its proprietary platform, DELigase, aids in discovering novel drug candidates targeting E3 ligases.

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Nurix Therapeutics (Nasdaq: NRIX) announced significant advancements in their clinical programs and financial results for the year ended November 30, 2022. The company reported a year-end cash position of $373 million. Highlights included promising clinical data for NX-2127, demonstrating efficacy against BTK inhibitor resistance mutations. Collaboration revenues rose from $29.8 million to $38.6 million year-over-year. However, the net loss increased to $180.4 million compared to $117.2 million in the previous year, with R&D expenses up 58% to $184.5 million.

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Nurix Therapeutics (Nasdaq: NRIX) announced participation in key conferences this February, focusing on developments in targeted protein modulation for treating cancers. The SVB Securities Global Biopharma Conference will feature a fireside chat with CEO Arthur T. Sands on February 15. Following that, the Wells Fargo Targeted Protein Degradation Virtual Summit on February 21 includes panels with Sands and CSO Gwenn M. Hansen, covering critical topics like overcoming resistance and the role of targeted protein degradation. These events will be webcast live and archived for 30 days on the Nurix website, enhancing accessibility for investors and stakeholders.

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Nurix Therapeutics (Nasdaq: NRIX) announced key objectives for 2023 during the J.P. Morgan Healthcare Conference, highlighting progress in developing targeted protein modulation drugs for hematologic malignancies. The company plans clinical updates for its lead drug candidates NX-2127, NX-5948, and NX-1607 in H2 2023, showcasing its commitment to overcoming resistance mutations in chronic lymphocytic leukemia. The 2022 accomplishments include raising $115 million and significant advancements in its clinical pipeline. Nurix expects to sustain operational funding into Q4 2024.

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Nurix Therapeutics (Nasdaq: NRIX), a biopharmaceutical company, announced that its CEO, Arthur T. Sands, M.D., Ph.D., will present at the 41st Annual J.P. Morgan Healthcare Conference on January 9, 2023, at 3:45 pm PT. The presentation will cover Nurix's 2022 achievements and goals for 2023. A live webcast of the presentation will be available on the company’s website, with an archived version accessible for 30 days post-event. Nurix focuses on developing targeted therapies for cancer through E3 ligase modulation.

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Nurix Therapeutics (Nasdaq: NRIX) has received FDA clearance for its IND application to expand the Phase 1 clinical trial of NX-5948, a BTK degrader, into the U.S. Following successful initial trials in the UK, the company will begin enrolling patients with relapsed and refractory B-cell malignancies in the U.S. in 2023. NX-5948 has demonstrated potent BTK degradation, potentially offering a new treatment option for patients. The trial aims to assess the safety and tolerability of this investigational drug, which is designed to lack certain immunomodulatory activities.

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Nurix Therapeutics (NRIX) reported promising results from its Phase 1 trial of NX-2127, a treatment for chronic lymphocytic leukemia (CLL) at the ASH Annual Meeting. The trial included 36 adults, with 23 being heavily pretreated CLL patients. NX-2127 demonstrated a 33% overall response rate and effective BTK degradation, regardless of previous treatments or BTK mutations. The safety profile was consistent with existing BTK therapies. The company continues to explore NX-2127's potential while preparing for further clinical updates in 2023.

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FAQ

What is the current stock price of Nurix Therapeutics (NRIX)?

The current stock price of Nurix Therapeutics (NRIX) is $23.85 as of June 29, 2026.

What is the market cap of Nurix Therapeutics (NRIX)?

The market cap of Nurix Therapeutics (NRIX) is approximately 2.4B.