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Oct 13, 2026Quarterly update

Nurix reports Q3 2026 results as bexobrutideg enters Phase 3 and NX-2127 is dropped

Nurix dosed its first patient in a registrational Phase 3 CLL trial for bexobrutideg, discontinued NX-2127, and ended the quarter with $1.1 billion in cash after closing its Roche collaboration.

Nurix Therapeutics reported financial results on October 12, 2026 for the fiscal quarter ended August 31, 2026, alongside a set of pipeline updates. During the quarter, Nurix and Roche entered into a global collaboration to co-develop and co-commercialize bexobrutideg across malignant hematology, immunology and neurology, cleared the Hart-Scott-Rodino requirement, and began executing with the initiation of the Phase 3 DAYBreak CLL-306 study.1 Under the deal, development costs are shared 40% by Nurix and 60% by Roche, profits and losses in the United States will be shared equally, and Nurix is eligible for tiered royalties on ex-U.S. sales.1

The company said it enrolled the first patient in DAYBreak CLL-306 (NCT07516093), the first Phase 3 trial of bexobrutideg.1 The trial is a randomized study assigning patients 1:1 to bexobrutideg 600 mg orally once daily or pirtobrutinib, with dual primary endpoints of objective response rate and progression-free survival assessed by an independent review committee.1 Separately, Nurix continued enrollment in DAYBreak CLL-201 (NCT07221500), the pivotal single-arm Phase 2 trial designed to support a potential Accelerated Approval submission.1 The company also initiated recruiting for the Phase 1b/2 NX-5948-203 study, with its initial cohort evaluating bexobrutideg in combination with venetoclax.1

In its wholly owned oncology portfolio, Nurix advanced NX-1607, an oral CBL-B inhibitor, into Phase 1b monotherapy expansion cohorts and a Phase 1a combination cohort with pembrolizumab, dosing its first patients in September 2026 across MSS colorectal cancer, NSCLC, CRPC and melanoma.1 The company also said it made the decision to discontinue further clinical development of its drug candidate known as NX-2127, as part of a broader prioritization effort for its internal oncology programs.1 Patients currently on NX-2127 may continue treatment as clinically appropriate, with safety monitoring and institutional follow-up continuing.1

On partnerships, Sanofi's dosing of the first patient in its STAT6 degrader trial triggered a $10 million milestone, and Nurix has now earned approximately $139 million under the Sanofi collaboration, with about $455 million in potential future milestones remaining.1

Following the Roche collaboration close, the company reported cash, cash equivalents and marketable securities of $1.1 billion as of the end of the quarter, up from $592.9 million roughly nine months earlier,1 which it said gives it runway into the second half of 2029.

Written by readthrough’s AI from the linked primary sources and fact-checked against them automatically before publishing. Not investment advice.