earnings
confidence high
sentiment positive
materiality 0.75
Nurix Q2 FY2025 revenue $44.1M (+264% YoY); Sanofi extends STAT6 license; bexobrutideg 80.9% ORR in CLL
Nurix Therapeutics, Inc.
2025-Q2 EPS reported
-$1.19
revenue$62,509,000
- Revenue $44.1M (vs $12.1M YoY) driven by $30M Sanofi license extensions and $5M Gilead milestone.
- Net loss $43.5M ($0.52/sh) vs $44.5M ($0.71/sh) prior year; cash $485.8M.
- Sanofi extended STAT6 license for $15M payment; total $127M received; up to $465M in milestones remain.
- Bexobrutideg Phase 1 data: 80.9% ORR in r/r CLL including a complete response; favorable safety (no AFib, fungal infections).
- FDA cleared IND for IRAK4 degrader GS-6791/NX-0479; pivotal CLL trial for bexobrutideg expects to start H2 2025.
item 2.02item 9.01