Pharma BD Deal Intelligence

Gilead Sciences Inc. / Nurix Therapeutics Inc.

2019 · Licensing/Option · $2.3B · Complete

CALLED IT — OFF BY 14
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The coverage arc

Jun 19, 2019 Bullish

Gilead strikes $2.48 billion deal with Nurix to focus on protein degradation using DELigase platform for up to five therapeutic programs in cancer.

Apr 02, 2024 Nurix IR / GlobeNewswire Bullish

Gilead elected to extend the 2019 collaboration research term by two years; Nurix received a $15M extension fee and remains eligible for up to…

Apr 08, 2026 Nurix IR / GlobeNewswire Neutral

Q1 FY2026 update: Gilead continues to advance the IRAK4 degrader GS-6791 in an ongoing first-in-human Phase 1 healthy-volunteer study; Nurix retains a 50/50 US…

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In June 2019 Gilead Sciences entered a strategic collaboration licensing Nurix Therapeutics' DELigase targeted protein degradation platform to discover and develop E3-ligase-based degrader therapies across up to five targets in cancer and other diseases. Nurix received a $45 million upfront payment and is eligible for up to ~$2.3 billion in research, preclinical, clinical, regulatory and commercialization milestones, plus a co-develop/co-detail option on up to two US programs. The alliance has matured into the inflammation space: in April 2024 Gilead exercised its option to extend the research term by two years ($15M extension fee), and in April 2025 the FDA cleared the IND for the lead program GS-6791 (formerly NX-0479), an oral IRAK4 degrader for inflammatory conditions including rheumatoid arthritis and atopic dermatitis; Gilead began a Phase 1 healthy-volunteer study in Q2 2025 and continues to advance it as of Q1 2026. The $5M IND-clearance milestone brought Nurix's cumulative receipts under the 2019 agreement to $135 million, with ~$420M in IRAK4-specific milestones still outstanding. NX-5948 (bexobrutideg), Nurix's BTK degrader, is wholly owned and NOT part of the Gilead collaboration.

Key facts

Related deals — scored

DealYearValueOutcome
Gilead Sciences Inc. / Nurix Therapeutics Inc. (this deal)2019$2.3B69
Gilead Sciences Inc. / Pharmasset Inc.2011$11.2B98
Gilead Sciences Inc. / Triangle Pharmaceuticals Inc.2002$464M96
Gilead Sciences Inc. / CymaBay Therapeutics2024$4.4B76
Gilead Sciences Inc. / Immunomedics Inc.2020$21.0B68
Gilead Sciences Inc. / Kite Pharma, Inc.2017$11.9B67
Gilead Sciences Inc. / Myogen Inc.2006$2.5B62

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