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Drug Development

Gilead grabs Nurix molecule for $20 million

by Gina Vitale
March 25, 2023 | A version of this story appeared in Volume 101, Issue 10

 

Pharma giant Gilead Sciences is licensing a potential medicine from Nurix Therapeutics, a developer of targeted protein modulators. The molecule is the first development candidate from a protein degradation therapy development collaboration that the two companies announced in 2019. Nurix will get $20 million up front and may earn up to $425 million in milestone payments.

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