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Nurix Therapeutics to Participate in the UBS Virtual Targeted Protein Degradation (TPD) Day

Key Takeaway: Nurix Therapeutics announced its participation in the UBS Virtual Targeted Protein Degradation Day, scheduled for July 15, 2024. Arthur T. Sands, M.D., Ph.D., CEO of Nurix, will engage in a fireside chat during the event, which is expected to spotlight the company's advancements in targeted protein modulation drugs. Nurix is a clinical-stage biopharmaceutical company focusing on innovative treatments for cancer and inflammatory diseases, utilizing its proprietary DELigase discovery platform. The event will be accessible via webcast, with an archived version available for 30 days post-event.
Price reaction · baseline $19.47 (2024-07-05 close) · 2 other NRIX headline(s) in the window, move may be shared
day 0 close
+5.3%
day 1
+6.9%
day 3 · peak
+13.1%

Market Sentiment Analysis

POSITIVE FACTORS

  • Nurix will be showcased at a significant industry event.
  • Participation in the UBS Virtual Targeted Protein Degradation Day highlights Nurix's innovative drug development efforts.
  • The company's focus on targeting cancer and inflammatory diseases aligns with current healthcare needs.

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+85%
120-day peak, hindsight
Typical move
4.4%
average across 9 past catalysts
Cash runway
~14 mo
Low dilution risk
Lead asset
NX-5948
Phase 3 · B-cell Lymphoma

Full Press Release Details

SAN FRANCISCO, July 08, 2024 (GLOBE NEWSWIRE) -- Nurix Therapeutics, Inc. (Nasdaq: NRIX), a clinical stage biopharmaceutical company developing targeted protein modulation drugs designed to treat patients with cancer and inflammatory diseases, today announced that Arthur T. Sands, M.D., Ph.D., president and chief executive officer of Nurix, will participate in a fireside chat at the UBS Virtual Targeted Protein Degradation (TPD) Day, at 2:30 p.m. ET on Monday, July 15, 2024.
The event will be webcast live and may be accessed via a link in the Investors section of the Nurix website under Events and Presentations. The archived webcast will be available for 30 days after the event.
Nurix Therapeutics is a clinical stage biopharmaceutical company focused on the discovery, development and commercialization of innovative small molecules and antibody therapies based on the modulation of cellular protein levels as a novel treatment approach for cancer, inflammatory conditions, and other challenging diseases. Leveraging extensive expertise in E3 ligases together with proprietary DNA-encoded libraries, Nurix has built DELigase, an integrated discovery platform, to identify and advance novel drug candidates targeting E3 ligases, a broad class of enzymes that can modulate proteins within the cell. Nurix’s drug discovery approach is to either harness or inhibit the natural function of E3 ligases within the ubiquitin-proteasome system to selectively decrease or increase cellular protein levels. Nurix’s wholly owned, clinical stage pipeline includes targeted protein degraders of Bruton’s tyrosine kinase, a B-cell signaling protein, and inhibitors of Casitas B-lineage lymphoma proto-oncogene B, an E3 ligase that regulates activation of multiple immune cell types including T cell and NK cells. Nurix is headquartered in San Francisco, California. For additional information visit http://www.nurixtx.com.
Elizabeth Wolffe, Ph.D.
Wheelhouse Life Science Advisors
Wheelhouse Life Science Advisors

Frequently Asked Questions

What type of company is Nurix Therapeutics?

Nurix Therapeutics is a clinical stage biopharmaceutical company focusing on targeted protein modulation drugs.

When will the UBS Virtual TPD Day occur?

The UBS Virtual Targeted Protein Degradation Day is scheduled for July 15, 2024, at 2:30 p.m. ET.

How can I access the event webcast?

The event webcast can be accessed via the Investors section of Nurix's website.

What diseases does Nurix aim to treat?

Nurix targets cancer and inflammatory diseases through innovative small molecules and antibody therapies.

Where is Nurix Therapeutics located?

Nurix Therapeutics is headquartered in San Francisco, California.

Last updated: Jul 8, 2024