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Gilead Sciences will pay Nurix Therapeutics $45 million up front to collaborate on targeted protein degradation therapies for cancer and other diseases. Whereas conventional small-molecule drugs block the function of a protein, Nurix’s compounds can break down the protein altogether. The biotech firm’s technology harnesses enzymes called E3 ligases that dictate when a protein gets broken down in the cell. Under the multiyear pact, Gilead can license drug candidates against five undisclosed protein targets.
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