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Stock impact report

Nurix Therapeutics Files For U.S. IPO [Seeking Alpha]

Lexicon Pharmaceuticals, Inc. (LXRX) 
Last lexicon pharmaceuticals, inc. earnings: 4/27 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: lexpharma.com/investors
Company Research Source: Seeking Alpha
SummaryNurix Therapeutics has filed to raise $100 million in an IPO, although the final figure may differ.The firm is advancing treatments for blood cancers and immune system conditions.NRIX has developed an impressive roster of collaborations with major pharma firms.Quick TakeNurix Therapeutics (The company is developing small molecule-based treatments for blood cancers and immune system conditions.NRIX is a promising biopharma with substantial major pharma partnerships, but has yet to enter Phase 1 safety trials for its lead candidate, so the firm and IPO is ultra high risk.I’ll provide a final opinion when we learn more about the IPO from management.Company & TechnologySan Francisco, California-based Nurix was founded to create a portfolio of chimeric targeting molecule-based drug candidates that serve to 'degrade the BTK protein' as well as a ligase inhibitor that 'inhibits CBL-B ligase to raise substrate protein levels.'Management is headed by president and Chief Executive Office Show less Read more
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