Targeted Protein Degradation

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Sanofi Exercises License Extension Option to Nurix’s STAT6 Program
Globenewswire· 2025-06-02 11:00
STAT6 is a key transcription factor within the IL4/IL13 signaling pathways which act as drivers of inflammation in allergic conditions Nurix to receive a $15 million license extension fee from Sanofi under its 2019 collaboration agreement, bringing the total amount received by Nurix under this collaboration to date to $127 million Nurix is eligible for an additional $465 million in development, regulatory and commercial milestones associated with the STAT6 program as well as potential future royalties and ...
Sanofi Exercises License Extension Option to Nurix's STAT6 Program
GlobeNewswire News Room· 2025-06-02 11:00
STAT6 is a key transcription factor within the IL4/IL13 signaling pathways which act as drivers of inflammation in allergic conditions Nurix to receive a $15 million license extension fee from Sanofi under its 2019 collaboration agreement, bringing the total amount received by Nurix under this collaboration to date to $127 million Nurix is eligible for an additional $465 million in development, regulatory and commercial milestones associated with the STAT6 program as well as potential future royalties and ...
Kymera Therapeutics Announces Positive First-in-Human Results from Phase 1 Healthy Volunteer Clinical Trial of KT-621, a First-in-Class, Oral STAT6 Degrader
GlobeNewswire News Room· 2025-06-02 11:00
Phase 1 healthy volunteer data of KT-621, a once-a-day STAT6 degrader, surpass Kymera’s target product profile, significantly derisking program and further validating its oral, biologics-like profile >90% mean STAT6 degradation in blood achieved at all doses above 1.5 mg Complete STAT6 degradation achieved in both blood and skin at all MAD doses ≥50 mg KT-621 impact on Th2 biomarkers in line or superior to dupilumab with median TARC reduction up to 37% and median Eotaxin-3 reduction up to 63% KT-621 was we ...
Kymera Therapeutics to Announce KT-621 Phase 1 Healthy Volunteer Trial Results on June 2, 2025
Globenewswire· 2025-05-30 20:01
Company to host video webcast at 8:00 a.m. ET on Monday, June 2, 2025WATERTOWN, Mass., May 30, 2025 (GLOBE NEWSWIRE) -- Kymera Therapeutics, Inc. (NASDAQ: KYMR), a clinical-stage biopharmaceutical company advancing a new class of oral small molecule degrader medicines for immunological diseases, will announce results from the Phase 1 clinical trial evaluating single and multiple-ascending doses of KT-621 in healthy volunteers on Monday, June 2, 2025. The Company will host a video webcast at 8:00 a.m. ET tha ...
Nurix Therapeutics to Participate in the Jefferies Global Healthcare Conference
Globenewswire· 2025-05-28 11:00
Core Insights - Nurix Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on targeted protein degradation medicines aimed at improving treatment options for cancer and inflammatory diseases [3] - The company will participate in a fireside chat at the Jefferies Global Healthcare Conference on June 4, 2025, featuring its president and CEO, Arthur T. Sands, M.D., Ph.D., and CFO, Hans van Houte [1] Company Overview - Nurix's pipeline includes degraders of Bruton's tyrosine kinase (BTK) and inhibitors of Casitas B-lineage lymphoma proto-oncogene B (CBL-B), with a focus on enhancing immune cell activation [3] - The company is advancing multiple potentially first-in-class or best-in-class degraders and degrader antibody conjugates (DACs) in its preclinical pipeline [3] - Nurix has partnered with Gilead Sciences, Sanofi, and Pfizer, retaining options for co-development, co-commercialization, and profit sharing in the U.S. for several drug candidates [3] - The company utilizes a fully AI-integrated discovery engine and has significant expertise in ligase, providing a competitive advantage in translating targeted protein degradation into clinical advancements [3]
Nurix Therapeutics (NRIX) 2025 Conference Transcript
2025-05-21 19:05
Summary of Nurix Therapeutics (NRIX) 2025 Conference Call Company Overview - Nurix Therapeutics specializes in targeted protein degradation, utilizing small molecules to degrade proteins via the ubiquitin proteasome system, rather than inhibiting them [3][4] - The company has developed a robust research platform called Dell AI, which includes large DNA encoded libraries for screening various protein targets [3] Key Programs and Developments - **Bexabrutinib**: - A BTK degrader moving into Phase II and Phase III studies in the second half of the year [4] - Target indications include Chronic Lymphocytic Leukemia (CLL) and Waldenstrom's macroglobulinemia [6] - Reported an 80% overall response rate (ORR) in heavily pretreated CLL patients [8] - Safety profile appears favorable with no new safety signals reported [10] - **Clinical Trials**: - Plans to initiate pivotal studies this year, focusing on a single-arm, single-agent accelerated approval strategy in third-line settings [15] - A randomized controlled study will also be initiated in the second-line plus setting [16] - Updates on trial designs and control arms expected mid-year [20] Competitive Landscape - BTK degradation is gaining enthusiasm in the investigator community as a new treatment modality, particularly for patients who have failed previous BTK inhibitors [12] - Nurix aims to differentiate its BTK degrader by addressing clinically relevant resistance mutations that arise from chronic treatment with BTK inhibitors [12] Strategic Partnerships - Collaborations with Gilead, Sanofi, and Pfizer are progressing well, with Gilead's IRAK4 program moving into clinical studies [30] - Sanofi is expected to advance the STAT6 development candidate towards IND status within approximately 12 months [30] Pipeline Expansion - Nurix is exploring indications beyond oncology, particularly in autoimmune diseases, with plans to initiate studies in autoimmune hemolytic anemia [27] - The company is cautious about funding these additional programs due to capital market challenges [28] Additional Assets - **NX-2127**: An oral BTK degrader showing promising results in aggressive malignancies, with rapid and long-lasting complete responses reported [38] - **Preclinical Programs**: Nurix is open to additional collaborations and has a pan-mutant BRAF degrader that addresses various mutations and resistance mechanisms [45] Financial Position - Nurix maintains a strong cash position and runway to advance its programs, with revenue contributions from collaborations helping to offset expenses [4] Conclusion - Nurix Therapeutics is at a pivotal point in its development, transitioning from a Phase I to a Phase II/III company with promising data and strategic partnerships that enhance its pipeline and market position [4][24]
Pulmatrix Announces First Quarter 2025 Financial Results and Divestment Plan for Assets
Prnewswire· 2025-05-15 12:05
Core Viewpoint - Pulmatrix, Inc. is advancing its proposed merger with Cullgen, which is expected to close in June 2025, while divesting its clinical assets including the acute migraine candidate PUR3100 and its proprietary iSPERSE™ technology [1][3][2] Financial Performance - For the first quarter of 2025, Pulmatrix reported revenues of $0, a decrease of approximately $5.9 million compared to $5.9 million in the same period of 2024, primarily due to the completion of the PUR1900 Phase 2b clinical trial [11] - Research and development expenses decreased to less than $0.1 million, down approximately $3.5 million from $3.5 million in the first quarter of 2024, attributed to winding down the PUR1900 trial and other operational changes [12] - General and administrative expenses increased to $1.8 million, up approximately $0.2 million from $1.6 million in the first quarter of 2024, mainly due to costs related to the proposed merger [13] - As of March 31, 2025, the company's total cash and cash equivalents were $7.7 million, which is expected to be sufficient to fund operations through the anticipated merger closing [14] Product Pipeline and Technology - Pulmatrix's product pipeline includes PUR3100, an inhaled dihydroergotamine for acute migraine, which is Phase 2-ready following FDA acceptance of its IND application [7] - The company is also developing PUR1800, a Narrow Spectrum Kinase Inhibitor for chronic obstructive pulmonary disease, which has shown safety and tolerability in Phase 1b studies [6] - The iSPERSE™ technology enables the formulation of drugs into small, dense, and dispersible particles for efficient delivery to the lungs, enhancing therapeutic outcomes for various diseases [21][20] Merger Details - The merger agreement with Cullgen was initially reported on November 13, 2024, and amended on April 7, 2025, with the closing anticipated in June 2025, subject to certain conditions [3][4] - If successful, the merger will create a Nasdaq-listed company focused on targeted protein degradation technology, with three degrader programs in Phase 1 clinical trials [2]
Nurix Therapeutics to Participate in the RBC Capital Markets Global Healthcare Conference
Globenewswire· 2025-05-15 11:00
SAN FRANCISCO, May 15, 2025 (GLOBE NEWSWIRE) -- Nurix Therapeutics, Inc. (Nasdaq: NRIX), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted protein degradation medicines, today announced that Hans van Houte, chief financial officer of Nurix, and Jason Kantor, Ph.D., chief business officer of Nurix, will participate in a fireside chat at the RBC Capital Markets Global Healthcare Conference on Wednesday, May 21, 2025, at 2:05 p.m. ET. The confere ...
Nurix Therapeutics Announces Presentations of Clinical Data at the 30th European Hematology Association Congress and the 18th International Conference on Malignant Lymphoma
Globenewswire· 2025-05-14 13:30
SAN FRANCISCO, May 14, 2025 (GLOBE NEWSWIRE) -- Nurix Therapeutics, Inc. (Nasdaq: NRIX), a clinical-stage biopharmaceutical company focused on the discovery, development and commercialization of targeted protein degradation medicines, today announced that data from the Company’s ongoing Phase 1a/b clinical trial of bexobrutideg (NX-5948) in patients with relapsed/refractory chronic lymphocytic leukemia (CLL) and Waldenström macroglobulinemia will be presented at two major upcoming scientific conferences. Da ...
BeyondSpring Reports First‑Quarter 2025 Financial Results and Provides Corporate Update
Globenewswire· 2025-05-12 20:30
Core Viewpoint - BeyondSpring Inc. reported its unaudited financial results for Q1 2025, highlighting advancements in its cancer therapeutics, particularly Plinabulin, and the SEED Therapeutics program, while also noting financial performance metrics. Financial Performance - R&D expenses from continuing operations increased by 21% to $874,000 in Q1 2025 from $721,000 in Q1 2024 [5] - G&A expenses from continuing operations rose by 30% to $1,736,000 in Q1 2025 compared to $1,334,000 in Q1 2024 [5] - Net loss from continuing operations was $2,584,000 in Q1 2025, a 24% increase from $2,080,000 in Q1 2024 [5] Clinical Developments - Plinabulin has been administered to over 700 patients, demonstrating a favorable safety profile and potential efficacy in patients who have progressed on PD-1/L1 inhibitors [2] - Early readouts in metastatic non-small cell lung cancer (NSCLC) and Hodgkin lymphoma showed durable responses warranting further evaluation [2] - The RBM39 molecular-glue degrader achieved complete tumor regression in Ewing sarcoma models and is on track for an IND submission mid-2025 [2][7] Corporate Updates - BeyondSpring owns approximately 40% of SEED Therapeutics, which operates independently and has been classified as discontinued operations for financial reporting [4] - The company reported a total asset increase from $34,315,000 as of December 31, 2024, to $37,104,000 as of March 31, 2025 [12][13] - The total liabilities increased from $48,600,000 to $49,771,000 during the same period [13] Shareholder Information - The net loss attributable to BeyondSpring Inc. was $4,477,000 for Q1 2025, compared to a net loss of $3,231,000 in Q1 2024 [15] - Basic and diluted earnings per share improved to $0.11 in Q1 2025 from a loss of $0.08 in Q1 2024 [15]