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Nurix earns $10M milestone as Sanofi starts Phase 1 trial of oral STAT6 degrader for inflammatory diseases

Company Fundamentals
04 Aug 2026
GlobeNewsWire
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Bullish
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Nurix Therapeutics received a $10 million milestone payment from Sanofi after Sanofi initiated a Phase 1 clinical trial of SAR448272/NX-3911, an oral STAT6 degrader targeting type 2 inflammatory diseases like atopic dermatitis and asthma. This milestone brings Nurix's total earnings under their 2019 collaboration to approximately $139 million, with potential future payments of $453 million plus royalties. Nurix retains U.S. co-development and co-promotion rights for the STAT6 program, which is being developed solely by Sanofi. The advancement validates Nurix's drug discovery platform and strengthens their immunology pipeline.

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