
US clinical-stage biotech Nurix Therapeutics (Nasdaq: NRIX) announced that Sanofi (Euronext: SAN) has exclusively licensed an undisclosed Nurix program targeting a previously undruggable transcription factor for autoimmune diseases. Nurix closed up 8.7% at $11.38 following the news.
The undisclosed target is a central regulator of the inflammation response and is distinct from the previously disclosed STAT6 degrader program.
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