NRIX Nurix Therapeutics Roche deal

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On June 8, 2026, Nurix Therapeutics (NRIX) announced a global collaboration agreement with Roche to develop and commercialize bexobrutideg (NX-5948), a potential best-in-class oral Bruton’s tyrosine kinase (BTK) degrader.

The strategic partnership covers development in malignant hematology, immunology, and neurology.

Financial Terms

  • Upfront Payment: $700 million in cash.
  • Total Potential Value: Up to $2.3 billion, inclusive of the upfront payment and future development, regulatory, and sales milestones.

Commercial & Development Structure

  • Development Costs: Nurix will fund 40% and Roche will fund 60%.
  • United States: The companies will co-develop and co-commercialize the drug, with an equal (50/50) split of profits and losses.
  • Rest of World: Roche will lead commercialization efforts. Nurix will receive tiered royalties on net sales, ranging from the low-teens to high-teens.

The collaboration is designed to leverage Nurix’s expertise in targeted protein degradation alongside Roche’s global clinical and commercial infrastructure. The agreement is expected to close in the third quarter of 2026, pending customary antitrust clearance.

give chart of both last 7 days stock price

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The chart below tracks the stock performance of Nurix Therapeutics (NRIX) over the last 7 days. Please note that data for Roche (RHHBY) is unavailable through this service.

Stock Price: Nurix Therapeutics (NRIX)

(Prices shown for the last 7 days, reflecting the market response to the partnership announcement on June 8, 2026.)

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