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0 -5.44711756695436E-05 0.000181570585565102 -0.000635497049478052 -0.00208806173399913 -0.00408533817521564 -0.00517476168860651 -0.00444847934634585
Stock impact report

NRIX Stock Up as SNY In-Licenses Rights to Autoimmune Diseases Program [Yahoo! Finance]

Sanofi - American Depositary Shares (SNY) 
US:NYSE Investor Relations: sanofi.com/en/investors
Company Research Source: Yahoo! Finance
Nurix program aimed at a previously untreatable transcription factor for autoimmune diseases. This undisclosed target plays a key role in regulating inflammation and is separate from the previously revealed STAT6 degrader program, signed between the companies in 2019. The stock is gaining further in the pre-market hours on Thursday. Nurix and Sanofi first established a strategic collaboration in 2019 to develop and commercialize a portfolio of targeted protein degradation therapies for patients with complex diseases across various therapeutic areas. The partnership utilizes NRIX's proprietary DEL-AI discovery platform to discover small molecules that promote the degradation of three initially designated drug targets. In 2021, Sanofi exercised its option to expand the number of targets from three to five. The latest update further expands the collaboration agreement between Nurix and Sanofi, highlighting the strength of its DEL-AI platform. Year to date, NRIX stock has plunged 39 Show less Read more
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