earnings
confidence high
sentiment neutral
materiality 0.70
Nurix FY2023 revenue $77.0M, net loss $143.9M; NX-5948 Fast Track, NX-2127 partial hold
Nurix Therapeutics, Inc.
- FY2023 revenue $77.0M (up from $38.6M), net loss $143.9M ($2.65/share) vs $180.4M ($3.71) prior year.
- Cash and investments $295.3M as of Nov 30, 2023, up from $268.7M at Aug 31, 2023.
- NX-5948 granted FDA Fast Track for CLL; positive Phase 1 data with durable responses.
- NX-2127 placed on partial clinical hold by FDA; expects to resolve in 2024.
- Generated $100M non-dilutive capital from partners in 2023; licensed IRAK-4 degrader NX-0479/GS-6791 to Gilead.