Nurix Therapeutics Inc Annual Shareholders Meeting Transcript
Good morning. This is Arthur Sands, President and Chief Executive Officer of Nurix Therapeutics. I would like to welcome you to Nurix's 2023 Annual Meeting of Stockholders. It is 9 AM Pacific Time on Thursday, May 4, 2023, and this meeting is officially called to order.
At Nurix, our mission is to bring breakthrough treatments to patients using targeted protein modulation. We have led the way in this new emerging field of science and medicine as experts in E3 ligases, a major new drug target class. We've been very successful in advancing new molecules into the clinic, with currently have three drug programs in Phase 1; two in leukemia and lymphoma, and one with the potential to address a wide spectrum of human tumors by optimizing activity of the immune system.
We continue to add to both our own and our partners' pipelines with new programs, the most recent being a new IRAK4 degrader license by Gilead last quarter, which triggered a $20 million license payment under our drug discovery alliance with Gilead, which
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