{"id":79604,"date":"2026-06-08T15:56:18","date_gmt":"2026-06-08T15:56:18","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/79604\/"},"modified":"2026-06-08T15:56:18","modified_gmt":"2026-06-08T15:56:18","slug":"nurix-roche-sign-700m-btk-degrader-deal","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/79604\/","title":{"rendered":"Nurix, Roche sign $700M BTK degrader deal"},"content":{"rendered":"<p>  0001549595false06\/06\/20261600 Sierra Point ParkwayBrisbaneCalifornia00015495952026-06-062026-06-06<\/p>\n<p>UNITED STATES<\/p>\n<p>SECURITIES AND EXCHANGE COMMISSION<\/p>\n<p>Washington, D.C. 20549<\/p>\n<p>___________________________________________<\/p>\n<p>FORM\u00a08-K<\/p>\n<p>___________________________________________<\/p>\n<p>CURRENT REPORT<\/p>\n<p>Pursuant to Section 13 or 15(d)<\/p>\n<p>of the Securities Exchange Act of 1934<\/p>\n<p>Date of Report (Date of Earliest Event Reported):\u00a0June\u00a06, 2026<\/p>\n<p>___________________________________________<\/p>\n<p>NURIX THERAPEUTICS, INC.<\/p>\n<p>(Exact Name of Registrant as Specified in its Charter)<\/p>\n<p>___________________________________________<\/p>\n<p>Delaware001-3939827-0838048<\/p>\n<p>(State or Other Jurisdiction<\/p>\n<p>of Incorporation or Organization)<\/p>\n<p>(Commission<\/p>\n<p>File Number)<\/p>\n<p>(IRS Employer<\/p>\n<p>Identification No.)<\/p>\n<p>1600 Sierra Point Parkway,<\/p>\n<p>Brisbane,\u00a0California<\/p>\n<p>94005(Address of Principal Executive Offices)(Zip Code)<\/p>\n<p>(415)\u00a0660-5320<\/p>\n<p>(Registrant\u2019s Telephone Number, Including Area Code)\u00a0<\/p>\n<p>N\/A<\/p>\n<p>(Former Name or Former Address, if Changed Since Last Report)<\/p>\n<p>___________________________________________<\/p>\n<p>Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:<\/p>\n<p>oWritten communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)oSoliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)oPre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))oPre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<\/p>\n<p>Securities registered pursuant to Section 12(b) of the Act:\u00a0<\/p>\n<p>Title of each classTrading symbol(s)Name of each exchange on which registeredCommon Stock, $0.001 par value per shareNRIXNasdaq Global Market<\/p>\n<p>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (\u00a7230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (\u00a7240.12b-2 of this chapter).<\/p>\n<p>Emerging growth company o<\/p>\n<p>If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o<\/p>\n<p>Item\u00a01.01\u00a0\u00a0\u00a0\u00a0Entry into a Material Definitive Agreement.<\/p>\n<p>On June\u00a06, 2026, Nurix Therapeutics, Inc. (\u201cNurix\u201d) entered into a License and Collaboration Agreement (the\u00a0\u201cCollaboration Agreement\u201d), dated as of June\u00a08, 2026, with F. Hoffmann-La Roche Ltd. and Genentech, Inc. (collectively, \u201cRoche\u201d), pursuant to which Nurix will grant Roche an exclusive worldwide license, including with respect to Nurix and its affiliates, under certain Nurix intellectual property rights to develop, manufacture, commercialize and otherwise exploit bexobrutideg (NX-5948), Nurix\u2019s investigational, oral, brain-penetrant small molecule degrader of Bruton\u2019s tyrosine kinase (BTK), and products comprising or containing bexobrutideg (collectively, \u201cbexobrutideg\u201d), subject to limited licenses Roche will grant to Nurix to perform Nurix\u2019s development, manufacturing, commercialization and other activities under the Collaboration Agreement.<\/p>\n<p>Under the Collaboration Agreement, Nurix and Roche will co-develop and co-commercialize bexobrutideg in the United States across all indications, and Roche will be responsible for developing and commercializing bexobrutideg outside the United States.<\/p>\n<p>Under the Collaboration Agreement, Roche will make an upfront cash payment of $700.0 million to Nurix, and Nurix will be eligible to receive development, regulatory, and sales milestone payments, with total potential payments of up to $2.3 billion, including the upfront payment. Development costs under the global development plan will be shared 40% by Nurix and 60% by Roche, subject to specified exceptions. Nurix and Roche will equally share profits and losses from U.S.\u00a0commercialization and Nurix will be eligible to receive tiered royalties at rates ranging from the low teens to the high teens on ex-U.S. sales.<\/p>\n<p>Under the Collaboration Agreement, Roche will have primary responsibility for certain regulatory, manufacturing and commercialization activities, subject to specified Nurix participation rights in the United States. <\/p>\n<p>The Collaboration Agreement will become effective upon the expiration or termination of the applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the \u201cHSR Act\u201d), and the expiration, termination or resolution of all other required waiting periods, clearance decisions or outstanding inquiries under antitrust laws.   <\/p>\n<p>The Collaboration Agreement includes customary representations and warranties, covenants, and indemnification obligations for a transaction of this nature.<\/p>\n<p>Subject to earlier termination in certain circumstances, the Collaboration Agreement expires on a product-by-product basis in the United States upon expiration of the applicable profit\/loss share term, and on a product-by-product and country-by-country basis outside the United States upon expiration of the applicable royalty term. Upon expiration of the applicable term, Roche\u2019s license for the applicable product in the applicable country will remain exclusive and become fully paid-up, irrevocable, perpetual and royalty-free. <\/p>\n<p>The foregoing description of the material terms of the Collaboration Agreement is qualified in its entirety by reference to the complete text of the Collaboration Agreement, a copy of which will be filed as an exhibit to Nurix\u2019s Quarterly Report on Form 10-Q for the quarter ending August 31, 2026.<\/p>\n<p>Forward-Looking Statements.<\/p>\n<p>This Current Report on Form 8-K contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Any statements contained herein that do not describe historical facts, including, but not limited to, statements regarding the effectiveness of the Collaboration Agreement, including the expiration or termination of the waiting period under the HSR Act, and the expiration, termination or resolution of other required waiting periods, clearance decisions or outstanding inquiries under antitrust laws, and the timing thereof; the receipt and timing of upfront, milestone, royalty, and other payments under the Nurix-Roche collaboration; the potential benefits of the Nurix-Roche collaboration; and the parties\u2019 plans or expectations regarding the development, manufacture, and commercialization of bexobrutideg, are forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those discussed in such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties related to (i) the ability of the parties to perform their respective obligations under the Collaboration Agreement; (ii) whether the parties will be able to successfully conduct and complete clinical development and commercialization of bexobrutideg pursuant to the Nurix-Roche collaboration; (iii)\u00a0the unexpected emergence of adverse events or other undesirable side effects during preclinical and clinical development; (iv)\u00a0whether Nurix will have adequate resources to fund its obligations under the Nurix-Roche collaboration, including increased operating expenses in connection with funding 40% of development costs across multiple clinical trials and <\/p>\n<p>establishing and maintaining a commercialization organization in the United States; (v) risks and uncertainties related to regulatory review of the Nurix-Roche collaboration, including under the HSR Act, the potential that required waiting periods, clearance decisions or outstanding inquiries under antitrust laws may not expire, be terminated or be resolved on the anticipated timeline or at all, the potential for delays or conditions in connection with obtaining any required antitrust approvals or clearances, and the potential that the Collaboration Agreement may not become effective; (vi) whether the parties will be able to successfully co-commercialize bexobrutideg in the United States, including Nurix\u2019s ability to establish and maintain a commercialization organization and the parties\u2019 ability to align on commercial strategy and manage the operational complexities of a shared commercial model; (vii) risks and uncertainties relating to the timing and receipt of payments from Nurix\u2019s collaboration partners, including milestone payments and royalties on future potential product sales; and (viii) those risks and uncertainties identified in Nurix\u2019s filings with the SEC, including its Quarterly Report on Form 10-Q for the quarter ended February 28, 2026, filed with the SEC on April 8, 2026, and subsequent filings with the Securities and Exchange Commission (the \u201cSEC\u201d). These forward-looking statements speak only as of the date of this Current Report on Form 8-K. Nurix undertakes no obligation to publicly update any forward-looking statements to reflect new information, events or circumstances after the date of this Current Report on Form 8-K. <\/p>\n<p>Item\u00a07.01\u00a0\u00a0\u00a0\u00a0Regulation FD Disclosure.<\/p>\n<p>On June\u00a07, 2026, Nurix issued a press release announcing (i) Nurix\u2019s entry into the Collaboration Agreement and (ii)\u00a0that on June\u00a08, 2026, at 8:00 a.m. Eastern Time, Nurix will host a conference call and webcast to discuss the collaboration between Nurix and Roche. The live webcast, with an accompanying presentation, will be accessible under the Events and Presentations page in the Investors section of Nurix\u2019s website. A replay of the call and webcast will be archived on Nurix\u2019s website for approximately 30 days after the event. <\/p>\n<p>A copy of the press release and the presentation materials for the webcast are attached hereto as Exhibit\u00a099.1 and Exhibit 99.2, respectively, and are incorporated herein by reference.<\/p>\n<p>In accordance with General Instruction B.2 of Form 8-K, the information in Item 7.01 of this Current Report on Form 8-K, including Exhibits 99.1 and 99.2, shall not be deemed to be \u201cfiled\u201d for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the \u201cExchange Act\u201d), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing. In addition, the information set forth under this Item 7.01, including Exhibits 99.1 and 99.2, shall not be deemed an admission as to the materiality of any information in this Current Report on Form 8-K.<\/p>\n<p>Item\u00a09.01\u00a0\u00a0\u00a0\u00a0Financial Statements and Exhibits.<\/p>\n<p>(d)Exhibits<\/p>\n<p>The following exhibits are filed or furnished, as applicable, herewith and this list is intended to constitute the exhibit index:<\/p>\n<p>Exhibit No.Exhibit Title or Description99.1<\/p>\n<p>Nurix Therapeutics, Inc. Press Release dated June\u00a07, 2026<\/p>\n<p>99.2<\/p>\n<p>Nurix Therapeutics, Inc. Presentation dated June\u00a08, 2026<\/p>\n<p>104Cover Page Interactive Data File (embedded within the Inline XBRL document)<\/p>\n<p>SIGNATURES<\/p>\n<p>Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.<\/p>\n<p>NURIX THERAPEUTICS, INC.<\/p>\n<p>Date: June\u00a08, 2026<\/p>\n<p>By:\/s\/ Christine RingChristine Ring, Ph.D., J.D.Chief Legal Officer<\/p>\n<p>[NURIX LOGO]<\/p>\n<p>Nurix Therapeutics Announces Global Collaboration with Roche to Co-Develop and Co-Commercialize Potential Best-in-Class BTK Degrader Bexobrutideg Across Malignant Hematology, Immunology and Neurology<\/p>\n<p>Strategic collaboration combines Nurix\u2019s leadership in targeted protein degradation with Roche\u2019s portfolio of B-cell targeted therapies and global clinical and commercialization footprint<\/p>\n<p>Robust clinical development plan in malignant hematology builds on the ongoing pivotal program in chronic lymphocytic leukemia (CLL) and includes therapeutic combination regimens across B cell malignancies <\/p>\n<p>Clinical development plan also includes expansion into neurology and immunology with plans for Phase 2 trials in multiple sclerosis (MS) and chronic spontaneous urticaria (CSU)<\/p>\n<p>Nurix to receive an upfront cash payment of $700 million and is eligible to receive development, regulatory and sales milestones for potential total payments of up to $2.3 billion; profits and losses to be shared equally in the United States with Nurix receiving royalties on ex-U.S. sales <\/p>\n<p>Nurix to host a conference call tomorrow, June 8 at 8 a.m. ET<\/p>\n<p>Brisbane, CA, June 7, 2026 (GLOBE NEWSWIRE) &#8212; Nurix Therapeutics, Inc. (Nasdaq: NRIX) today announced a global collaboration with Roche (SIX: RO, ROP; OTCQX: RHHBY) to develop and commercialize bexobrutideg, a potential best-in-class oral degrader of Bruton\u2019s tyrosine kinase (BTK).  The partnership brings together Nurix\u2019s pioneering expertise in targeted protein degradation and Roche\u2019s proven portfolio of B-cell targeted therapies and global clinical and commercial infrastructure. The collaboration encompasses a comprehensive clinical development plan spanning malignant hematology, immunology and neurology intended to explore the full clinical potential of BTK degradation across diverse patient populations. In addition to executing the previously disclosed pivotal Phase 2 and Phase 3 trials in CLL, the collaboration plans to pursue multiple label-enabling studies across a range of malignant hematology indications as monotherapy and in combination regimens and to expand development into immune-mediated diseases, including Phase 2 trials in MS and CSU.  <\/p>\n<p>\u201cPartnering with Roche, a world leader in the treatment of B-cell malignancies, positions Nurix to fully realize the potential of bexobrutideg across multiple indications in oncology, immunology and neurology,\u201d said Arthur T. Sands, M.D., Ph.D., president and chief executive officer of Nurix. \u201cWe believe Roche is the ideal partner to help translate the promise of targeted protein degradation into meaningful impact for patients worldwide. With a co-development, co-commercialization structure in the U.S., this collaboration is a major step in Nurix\u2019s evolution toward becoming a fully integrated biotechnology company with the capabilities to advance and ultimately commercialize transformative medicines in multiple therapeutic areas.\u201d<\/p>\n<p>Levi Garraway, Roche Chief Medical Officer and Head of Global Product Development: \u201cAt Roche, our goal is to create new possibilities for patients with challenging diseases. We believe bexobrutideg represents a major leap forward in the fight against complex blood cancers and other diseases. We are proud to join forces with Nurix to accelerate these potential breakthroughs.\u201d <\/p>\n<p>Summary of Business Terms<\/p>\n<p>Under the terms of the agreement, Nurix will receive an upfront cash payment of $700 million and is eligible to receive development, regulatory and sales milestones for potential total payments of up to $2.3 billion. Development costs will be shared 40% by Nurix and 60% by Roche. The parties will equally split the profits and losses from U.S. commercialization. Nurix and Roche will co-commercialize bexobrutideg in the United States across all indications. Outside of the United States, Roche will be responsible for commercialization, with Nurix eligible to receive royalties ranging from the low- to high-teens. <\/p>\n<p>Bexobrutideg (NX-5948)<\/p>\n<p>Bexobrutideg is an investigational, oral, brain penetrant, highly selective small molecule BTK targeted protein degrader. BTK is a central signaling node controlling B cell growth, development and immunologic activity. Unlike conventional BTK inhibitors which block BTK kinase activity, bexobrutideg harnesses the body&#8217;s natural protein disposal system (the ubiquitin proteasome pathway) to selectively eliminate BTK protein from cells, removing both the kinase activity of BTK and its scaffolding signaling function. This catalytic degradation-based mechanism offers several potential advantages, including activity against wild-type and mutant forms of BTK that limit the effectiveness of existing BTK inhibitors as well as sustained pharmacodynamic effects at low drug concentrations.<\/p>\n<p>Patients with B-cell\u2013driven malignancies and immune-mediated diseases continue to face significant unmet need despite advances with BTK inhibitors and other therapies. Many patients with CLL ultimately experience disease progression due to acquired resistance mutations, incomplete pathway suppression, or intolerance that limits long-term use, and treatment options remain limited once patients relapse. In early clinical studies, bexobrutideg has demonstrated high overall objective response rates in CLL patients who have progressed on other therapies, including those whose disease has spread to the brain and those with either wild-type BTK protein or acquired resistance mutations to current BTK inhibitors. Together, these attributes offer the potential to expand the therapeutic impact of BTK targeting across B-cell malignancies, with the goal of delivering more meaningful and lasting benefits for patients.<\/p>\n<p>In immunology and neurology, current therapies often require injectable or chronic intravenous administration, may not fully control disease activity, and can be associated with meaningful safety or convenience burdens. Bexobrutideg is designed to address these limitations as an oral treatment that eliminates both the kinase and scaffolding functions of BTK across immune cell types, resulting in more complete and sustained suppression of BTK signaling and offering the potential for improved efficacy and durability in autoimmune disease settings. The high potency and exquisite selectivity of bexobrutideg\u2019s targeted protein degradation mechanism also holds the potential to provide a superior safety and tolerability profile. Bexobrutideg\u2019s high potency is driven by the catalytic nature of its degradation activity, which allows its therapeutic effects to be achieved with significantly lower drug levels in the blood as compared to BTK inhibitors. This lower systemic exposure enhances the potential to provide a more favorable safety profile. <\/p>\n<p>Goldman Sachs &amp; Co. LLC is acting as the exclusive financial advisor to Nurix.<\/p>\n<p>Conference call details<\/p>\n<p>At 8:00 a.m., ET, June 8, 2026, Nurix will host a conference call and webcast to discuss this update. The live webcast, with an accompanying presentation, will be accessible under the Events and Presentations page in the Investors section of the company\u2019s website here. To participate in the live conference call, <\/p>\n<p>please follow this link. A replay of the webcast and call will be archived on the Nurix website for approximately 30 days after the event.<\/p>\n<p>About Nurix Therapeutics<\/p>\n<p>Nurix Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on the discovery, development, and commercialization of targeted protein degradation medicines. Nurix\u2019s lead program, bexobrutideg, a potential best-in-class oral BTK degrader, is being developed in a global collaboration with Roche across malignant hematology, immunology and neurology. Nurix\u2019s pipeline includes multiple additional wholly owned programs as well as partnered programs under collaboration agreements with Gilead Sciences, Sanofi, and Pfizer, within which Nurix retains certain options for co-development, co-commercialization, and profit sharing. Powered by its proprietary AI-integrated DEL-AI discovery engine and deep E3 ligase expertise, Nurix is advancing targeted protein degradation as the next frontier in drug development. Nurix is headquartered in Brisbane, California. For additional information, visit www.nurixtx.com.<\/p>\n<p>Forward-Looking Statements<\/p>\n<p>This press release contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When or if used in this press release, the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201coutlook,\u201d \u201cplan,\u201d \u201cpredict,\u201d \u201cshould,\u201d \u201cwill,\u201d and similar expressions and their variants, as they relate to Nurix, may identify forward-looking statements. All statements that reflect Nurix\u2019s expectations, assumptions or projections about the future, other than statements of historical fact, are forward-looking statements, including, without limitation, statements regarding: Nurix\u2019s expectations, plans and prospects, including with respect to label-enabling studies and expanding development into immune-mediated diseases, Nurix\u2019s strategic plans and corporate development, and the potential receipt of milestone payments and royalties under the Nurix-Roche collaboration; the potential benefits of the Nurix-Roche collaboration; Nurix\u2019s expectations with respect to bexobrutideg, including its potential as a best in class therapy in malignant hematology, immunology, and neurological diseases; the extent to which bexobrutideg may address a range of diseases, including CLL, CSU, and MS; and the potential advantages of BTK degraders over BTK inhibitors. Forward-looking statements reflect Nurix\u2019s current beliefs, expectations, and assumptions. Although Nurix believes the expectations and assumptions reflected in such forward-looking statements are reasonable, Nurix can give no assurance that they will prove to be correct. Forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties and changes in circumstances that are difficult to predict, which could cause Nurix\u2019s actual activities and results to differ materially from those expressed in any forward-looking statement. Such risks and uncertainties include, but are not limited to: (i) the ability of each party to perform its obligations under the Nurix-Roche collaboration; (ii) whether the parties will be able to successfully conduct and complete clinical development of bexobrutideg pursuant to the Nurix-Roche collaboration, including achieving clinical trial enrollment targets, meeting primary endpoints, and obtaining regulatory approvals; (iii) the unexpected emergence of adverse events or other undesirable side effects during preclinical and clinical development; (iv) whether Nurix will have adequate resources to fund its obligations under the Nurix-Roche collaboration, including increased operating expenses in connection with funding forty percent of development costs across multiple clinical trials and establishing and maintaining a commercialization organization in the United States; (v) risks and uncertainties related to regulatory review of the Nurix-Roche collaboration, including under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, the potential that any applicable waiting period may not expire or be terminated on the anticipated timeline or at all, and the potential for delays, conditions or other limitations imposed in connection with obtaining any <\/p>\n<p>required approvals or clearances; (vi) whether the parties will be able to successfully co-commercialize bexobrutideg in the United States, including Nurix\u2019s ability to establish and maintain a commercialization organization and the parties\u2019 ability to align on commercial strategy and manage the operational complexities of a shared commercial model; (vii) risks and uncertainties relating to the timing and receipt of payments from Nurix\u2019s collaboration partners, including milestone payments and royalties on future potential product sales; and (viii) other risks and uncertainties described under the heading \u201cRisk Factors\u201d in Nurix\u2019s Quarterly Report on Form 10-Q for the fiscal period ended February 28, 2026, and other SEC filings. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. The statements in this press release speak only as of the date of this press release, even if subsequently made available by Nurix on its website or otherwise. Nurix disclaims any intention or obligation to update publicly any forward-looking statements, whether in response to new information, future events, or otherwise, except as required by applicable law.<\/p>\n<p>Contacts:<\/p>\n<p>Media &amp; Investors<\/p>\n<p>Kris Fortner<\/p>\n<p>Nurix Therapeutics, Inc.<\/p>\n<p>kfortner@nurixtx.com <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2001.jpg\" title=\"slide1\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Unlocking the Full  Potential of Bexobrutideg A Global Collaboration Between  Nurix and Roche June 8, 2026 Exhibit 99.2 <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2002.jpg\" title=\"slide2\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Forward Looking Statements 2 This presentation contains statements that relate to future events and expectations and as such constitute forward-looking statements within the meaning of the Private Securities Litigation Reform  Act of 1995. When or if used in this presentation, the words \u201canticipate,\u201d \u201cbelieve,\u201d \u201ccould,\u201d \u201cestimate,\u201d \u201cexpect,\u201d \u201cintend,\u201d \u201cmay,\u201d \u201coutlook,\u201d \u201cplan,\u201d \u201cpredict,\u201d \u201cshould,\u201d \u201cwill,\u201d and similar expressions  and their variants, as they relate to Nurix Therapeutics, Inc. (\u201cNurix\u201d, the \u201cCompany,\u201d \u201cwe,\u201d \u201cus\u201d or \u201cour\u201d), may identify forward-looking statements. All statements that reflect Nurix\u2019s expectations,  assumptions or projections about the future, other than statements of historical fact, are forward-looking statements, including, without limitation, statements regarding the therapeutic potential of  bexobrutideg; any plans and expectations for the clinical development of bexobrutideg, including with respect to label-enabling studies and expansion into immune-mediated diseases; the planned  timing for the initiation and enrollment of patients in current and future clinical trials of bexobrutideg; the planned timing for the provision of updates and findings from clinical trials; the anticipated  closing of the Nurix-Roche collaboration, including the expiration or termination of any applicable waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, and  the timing thereof; Nurix\u2019s future financial or business plans; Nurix\u2019s future performance, prospects and strategies; future conditions, trends, and other financial and business matters; the potential  benefits of the Nurix-Roche collaboration, including potential milestone and royalties payments; the potential advantages of protein degrader-based therapeutics; the extent to which bexobrutideg  and targeted protein degradation may potentially address a broad range of diseases; the extent animal model data, in vitro potency data, and proteomics data predicts human efficacy; the timing  and success of the development and commercialization of bexobrutideg and Nurix\u2019s other current and anticipated drug candidates; and Nurix\u2019s ability to fund its operations into a specified date in  the future. Forward-looking statements reflect Nurix\u2019s current beliefs, expectations, and assumptions. Although Nurix believes the expectations and assumptions reflected in such forward-looking  statements are reasonable, Nurix can give no assurance that they will prove to be correct. Forward-looking statements are not guarantees of future performance and are subject to risks,  uncertainties and changes in circumstances that are difficult to predict, which could cause Nurix\u2019s actual activities and results to differ materially from those expressed in any forward-looking  statement. Such risks and uncertainties include, but are not limited to: (i) the ability of each party to perform its obligations under the Nurix-Roche collaboration; (ii) whether the parties will be able  to successfully conduct and complete clinical development of bexobrutideg pursuant to the Nurix-Roche collaboration, including achieving clinical trial enrollment targets, meeting primary  endpoints, and obtaining regulatory approvals; (iii) the unexpected emergence of adverse events or other undesirable side effects during preclinical and clinical development; (iv) whether Nurix will  have adequate resources to fund its obligations under the Nurix-Roche collaboration, including increased operating expenses in connection with funding forty percent of development costs across  multiple clinical trials and establishing and maintaining a commercialization organization in the United States; (v) risks and uncertainties related to regulatory review of the Nurix-Roche  collaboration, including under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, the potential that any applicable waiting period may not expire or be terminated on the  anticipated timeline or at all, and the potential for delays, conditions or other limitations imposed in connection with obtaining any required approvals or clearances; (vi) whether the parties will be  able to successfully co-commercialize bexobrutideg in the United States, including Nurix&#8217;s ability to establish and maintain a commercialization organization and the parties\u2019 ability to align on  commercial strategy and manage the operational complexities of a shared commercial model; (vii) risks and uncertainties relating to the timing and receipt of payments from Nurix\u2019s collaboration  partners, including milestone payments and royalties on future potential product sales; and (viii) other risks and uncertainties described under the heading \u201cRisk Factors\u201d in Nurix\u2019s Quarterly  Report on Form 10-Q for the fiscal period ended February 28, 2026, and other SEC filings. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements.  The statements in this presentation speak only as of the date of this presentation, even if subsequently made available by Nurix on its website or otherwise. Nurix disclaims any intention or  obligation to update publicly any forward-looking statements, whether in response to new information, future events, or otherwise, except as required by applicable law.  Certain information contained in this presentation relates to or is based on studies, publications, surveys and other data obtained from third-party sources and the Company\u2019s own internal  estimates and research. While the Company believes these third-party sources to be reliable as of the date of this presentation, it has not independently verified, and makes no representation as  to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition, all market data included in this presentation involves a number of  assumptions and limitations, and there can be no guarantee as to the accuracy or reliability of such assumptions. Furthermore, while the Company believes its own internal estimates and research  are reliable, such estimates and research have not been verified by any independent source. <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2003.jpg\" title=\"slide3\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Welcome and Introductions 3 Arthur T. Sands, M.D., Ph.D. President, Chief Executive Officer and  Board Director Nurix Therapeutics  Jason Kantor, Ph.D. Chief Business Officer Nurix Therapeutics  John Northcott Chief Commercial Officer Nurix Therapeutics  Hans van Houte Chief Financial Officer Nurix Therapeutics  <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2004.jpg\" title=\"slide4\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Unlocking the Full Potential of Bexobrutideg One asset. Multiple diseases. Global impact. 4 Potential best-in-class  BTK-targeted therapy  Opportunity across  multiple therapeutic  areas Robust clinical data in  broad CLL population  Leader in targeted  protein degradation Proven leader in oncology,  immunology, and neurology Portfolio of B-cell targeted- therapies enables multiple  combinations Global infrastructure: clinical,  regulatory, commercial  Ambitious vision for  bexobrutideg  Combining Nurix&#8217;s innovation in targeted protein degradation with Roche&#8217;s global  development and commercial scale to accelerate and expand the bexobrutideg opportunity <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2005.jpg\" title=\"slide5\" width=\"1365\" height=\"768\"\/><\/p>\n<p>A Transformative Partnership to Maximize the Value of Bexobrutideg Accelerating and expanding the potential of bexobrutideg through a shared ambition to  transform patient outcomes across oncology, immunology and neurology 5 Co-development and co-commercialization in the U.S. accelerates Nurix\u2019s evolution into a  fully integrated biopharmaceutical company in major medical markets G L O B A L  D E V   C O S T  S P L I T 40\/60 Nurix 40%   Roche 60%  E X &#8211; U . S .   R O Y A L T I E S Low\u2013High  Teens Tiered royalties on  ex-U.S. net sales U P F R O N T $700M Cash to Nurix at close T O T A L P A Y M E N T S U P  T O $2.3B Upfront payment plus  development, regulatory,  and commercial milestones U . S .  P R O F I T   S P L I T 50\/50 Equal split of  U.S. profits &amp; losses <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2006.jpg\" title=\"slide6\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Bexobrutideg: Targeted Protein Degradation of BTK with Potential Best-in-Class Profile 6 Eliminates both the enzymatic and  scaffolding activities of BTK Exquisitely selective degrader of BTK Active against wildtype BTK and overcomes BTK  inhibitor resistance mutations Demonstrated robust clinical activity in difficult to  treat B-cell malignancies Acts catalytically with unprecedented potency Crosses the blood brain barrier with clinical  responses in patients with advanced CNS disease Degradation removes all functions of BTK unlike  BTK inhibitors BTK, Bruton&#8217;s tyrosine kinase; CNS, central nervous system; MOA, mechanism of action. bexobrutideg <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2007.jpg\" title=\"slide7\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Bexobrutideg Demonstrates High Response Rates and Durable Disease  Control in Heavily Pre-Treated CLL ORR in CLL (95% CI 69\u201392) O B J E C T I V E  R E S P O N S E  R A T E 1 83% \u2022 Population: response-evaluable CLL patients (n=47) \u2022 Median prior lines: 4 prior therapies before bexdeg \u2022 Best response: 2 CR + 1 nPR + 36 PR\/PR-L M E D I A N  P R O G R E S S I O N &#8211; F R E E  S U R V I V A L 22.1months \u2022 Long-term disease control across all doses tested  (50 mg \u2013 600 mg, n=48) \u2022 Median DOR 20.1 months;  durability holds in heavily pre-treated CLL Post-cBTKi and post-ncBTKi  populations B R OA D C L I N I C A L  A C T I V I T Y   observed across nearly all  patients, including hard-to-treat  subgroups  High-risk molecular features  (ATM, NOTCH1, etc.) Ongoing Phase 1a\/b Study in CLL 1. Source: Phase 1a, ASH 2025 update (Sep 2025 cutoff) 7 BTK-mutant and PLCG2-mutant CLL Patients with CNS involvement <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2008.jpg\" title=\"slide8\" width=\"1365\" height=\"768\"\/><\/p>\n<p>8 A global leader in oncology,  immunology and neurology with  expertise and capabilities in  establishing B-cell targeted  therapies as a new standard of  care across therapeutic areas Bexobrutideg: A Complimentary Strategic and Portfolio Fit with Roche  At Roche, our goal is to create new possibilities for patients with challenging diseases. We believe  bexobrutideg could represent a major leap forward in the fight against complex blood cancers and other  diseases. We are proud to join forces with Nurix to accelerate these potential breakthroughs\u200b\u200b.  Dr. Levi Garraway, Head of Global Product Development and  Chief Medical Officer, Roche  Bexdeg Positions bexobrutideg as a  potential backbone therapy  across multiple BTK-dependent  diseases, with accelerated global  scale and significantly expanded  commercial opportunity <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2009.jpg\" title=\"slide9\" width=\"1365\" height=\"768\"\/><\/p>\n<p>9 OUR MISSION To establish  degrader-based  medicines at the  forefront of  patient care <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2010.jpg\" title=\"slide10\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Neurology Joint Development Plan  A Comprehensive Multi-Indication Program Oncology Immunology 10 <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2011.jpg\" title=\"slide11\" width=\"1365\" height=\"768\"\/><\/p>\n<p>A Robust Clinical Development Plan in Malignant Hematology CLL Chronic  Lymphocytic  Leukemia Planned DAYBreak CLL-306 | Phase 3 \u2013 2L+ vs Pirtobrutinib  Planned Phase 3 \u2013 2L Combination  Phase 1b\/2 Study \u2013 1L+ Basket Combination Study  11 MCL Mantle Cell  Lymphoma WM Waldenstr\u00f6m macroglobulinemia  Planned Phase 3 \u2013 Combination  Planned Phase 3 \u2013 Combination   Ongoing DAYBreak CLL-201 | Phase 2 \u2013 3L+ Single Arm Planned Phase 3 \u2013 1L (best regimen to be determined) Nurix-Roche partnership  enables comprehensive  bexobrutideg development  across multiple lines of  therapy and combination  settings in B-cell  malignancies <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2012.jpg\" title=\"slide12\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Expanding Bexobrutideg Across Immunology and Neurological Indications CSU Chronic  Spontaneous  Urticaria Planned Phase 2  Rationale:  \u2022 BTK is a critical regulator of Fc\u03b5RI-driven activation in mast cells and basophils  and a central node controlling B cell inflammatory pathways \u2022 Bexobrutideg more potently suppresses signaling and activation in mast cells,  basophils and B cells in comparison to multiple BTKi in vitro   \u2022 Low doses of Bexobrutideg achieve rapid, robust and sustained degradation of  BTK in both the skin and blood of healthy volunteers MS Multiple  Sclerosis  Planned Phase 2 Rationale:  \u2022 Bexobrutideg crosses the blood brain barrier and exhibits therapeutic activity in  patients with PCNSL and CLL with CNS involvement without signs of liver toxicity  in a safety data set of &gt;300 CLL\/NHL patients \u2022 Bexobrutideg demonstrates robust in vivo degradation of BTK in microglia in  animal models eliminating both the kinase and scaffolding functions of BTK  providing a mechanistic rationale for enhanced biologic activity \u2022 Bexobrutideg demonstrates therapeutic activity in preclinical disease models of  multiple sclerosis 12 Nurix-Roche partnership  brings scale, infrastructure  and expertise to evaluate  bexobrutideg across new  indications in immunology  and neurology PCNSL, Primary Central Nervous System Lymphoma <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2013.jpg\" title=\"slide13\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Program Indication \/ Line of  therapy Preclinical Phase 1 Phase 2 Phase 3 Partner Bexobrutideg BTK degrader  CLL 2L+  Monotherapy CLL 3L+ triple-exposed,  monotherapy CLL \/ NHL 1L+ Basket combination  Zelebrudomide  BTK-IKZF degrader B-cell malignancies Wholly  Owned NX-1607 CBL-B inhibitor Solid tumor Relapsed\/refractory Wholly  Owned Pan-mutant BRAF  degrader Wild-type sparing mBRAF Class I\/II\/III Lung, colon, melanoma Wholly  Owned DACs Degrader antibody  conjugates Multiple undisclosed 13 O N CO LO G Y * * Studies planned to start midyear 2026 * Nurix: Accelerating Evolution Into a Fully Integrated Multi-Asset  Biopharmaceutical Company in Oncology <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2014.jpg\" title=\"slide14\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Nurix: Accelerating Evolution Into a Fully Integrated Multi-Asset  Biopharmaceutical Company in Immunology and Neurology 14 IM M UN O LO G Y  &amp;  N EU RO LO G Y Program Indication \/ Line of  therapy IND enabling Phase 1 Phase 2 Phase 3 Partner Bexobrutideg BTK degrader   Chronic spontaneous  urticaria Multiple sclerosis  GS-6791\/ NX-0479 IRAK4 degrader Potential in rheumatoid  arthritis and atopic  dermatitis SAR448272\/ NX-3911 STAT6 degrader Potential in Type 2  inflammation Ongoing Planned  <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2015.jpg\" title=\"slide15\" width=\"1365\" height=\"768\"\/><\/p>\n<p>15 ~$26B projected 2030  sales Multiple Sclerosis Source for projected 2030 sales for CLL, WM, Urticaria and Multiple Sclerosis: Evaluate Pharma (accessed May 2026) CSU sales estimates assume 70-80% of Urticaria sales can be attributed to CSU Source for projected 2030 sales for MCL: Clarivate DRG Disease Landscape &amp; Forecast Report 2025 Initial Bexobrutideg Development Plan Targets Multiple Indications Across  Multibillion-Dollar Market Opportunities ~$18B  projected 2030  sales CLL + WM + MCL ~$4B projected 2030  sales Chronic Spontaneous  Urticaria C O M B I N E D  AD D R E S S AB L E  M AR K E T  \u00b7  2 0 3 0 ~$48B <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2016.jpg\" title=\"slide16\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Nurix\u2019s Partnership Model \u2013 Creating a Fully Integrated Biopharma Company Current Collaborations PARTNER COLLABORATION  PAYMENTS** LEAD ASSET $135M IRAK4 degrader Nurix retains 50\/50 U.S. profit share and co-promotion rights (subject to one program veto right by Gilead) \u2022 Unlocking the global development of Nurix\u2019s multiple best-in-class drug candidates \u2022 Leveraging big pharma\u2019s commercial strength in oncology, immunology and neurology to bring innovative  medicines to patients\u2019 unmet medical needs \u2022 Enabling Nurix\u2019s co-development and co-promotion rights in the United States 16 *    Pro-forma Cash Balance represents Nurix cash balance of $540.7M as of February 28, 2026, plus anticipated $700M upfront payment from Roche **     Collaboration Payments represents payments to Nurix as of February 28, 2026, plus anticipated upfront payment from Roche *** Roche upfront payment is payable to Nurix within 30 days after the effective date of the Nurix-Roche Collaboration Agreement, which is contingent upon clearance of applicable        antitrust waiting periods and approvals, including under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended $700M*** Bexobrutideg Nurix retains 50\/50 U.S. profit share and co-promotion rights $127M STAT6 degrader Nurix retains 50\/50 U.S. profit share and co-promotion rights $  75M Undisclosed DACs Nurix retains U.S. profit share and co-promotion rights Pro-forma Cash Balance: $1.24B* NURIX RIGHTS The Nurix-Roche collaboration is the latest example of Nurix creating and realizing value  through strategic partnerships <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2017.jpg\" title=\"slide17\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Combining Nurix\u2019s Leadership in Targeted Protein Degradation With Roche\u2019s  Global Development and Commercial Capabilities To accelerate development, expand indications &amp; bring bexobrutideg to patients worldwide For Bexobrutideg Unlocks a comprehensive global development strategy  across oncology, immunology and neurology Enables exploration across multiple indications and  combination settings with Roche\u2019s powerful  portfolio of innovative therapies Positions bexobrutideg as a potential backbone  therapy across BTK-driven diseases For Nurix &amp; Roche Combines synergistic scientific, clinical and  commercial capabilities Creates a shared opportunity across a projected  ~$48B addressable market Aligns both organizations around a common vision for  bexobrutideg as the new potentially best-in-class  BTK-directed agent in multiple disease settings Together, Nurix and Roche aim to establish bexobrutideg as the leading BTK-directed therapy  across oncology, immunology and neurology by delivering medical innovation for patients,  physicians and shareholders . 17 <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2018.jpg\" title=\"slide18\" width=\"1365\" height=\"768\"\/><\/p>\n<p>Question and Answer Session 18 z Bringing together complementary  capabilities with a shared  ambition to unlock the full  potential of BTK degradation  for patients worldwide. <\/p>\n<p>\u00a0<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/ch\/wp-content\/uploads\/2026\/06\/ex992_nurixpresentation2019.jpg\" title=\"slide19\" width=\"1365\" height=\"768\"\/><\/p>\n<p>19 <\/p>\n<p>\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"0001549595false06\/06\/20261600 Sierra Point ParkwayBrisbaneCalifornia00015495952026-06-062026-06-06 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM\u00a08-K ___________________________________________ CURRENT REPORT&hellip;\n","protected":false},"author":2,"featured_media":79605,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[124],"tags":[41223,41329,41251,14758,9370,41250,41221,265,134,27198,8792],"class_list":["post-79604","post","type-post","status-publish","format-standard","has-post-thumbnail","category-roche","tag-bexobrutideg","tag-biopharma-partnership","tag-btk-degrader","tag-immunology","tag-milestone-payments","tag-nrix","tag-nurix-therapeutics","tag-oncology","tag-roche","tag-roche-collaboration","tag-royalties"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116715309273436535","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/79604","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=79604"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/79604\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/79605"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=79604"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=79604"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=79604"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}