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Monte Rosa Therapeutics Inc. Company Profile

NASDAQ: GLUEHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD

10.32+0.15 (+1.47%)

At close: Oct 8, 4:00 PM ET · Delayed 15 min

Pre-market: 10.25 -0.68%

Monte Rosa Therapeutics at a glance

Monte Rosa Therapeutics Inc. (NASDAQ: GLUE) is a Biotechnology: Biological Products (No Diagnostic Substances) company in the Health Care sector headquartered in Boston, MA. Monte Rosa Therapeutics is led by Dr. Markus Warmuth M.D. and employs about 173 people. The company's shares have traded publicly since 2021.

At a market capitalization of $867.6 million, it is considered a small-cap company. Its SEC Central Index Key (CIK) is 0001826457, which identifies the company's filings on EDGAR.

Summary generated from market data by MetaCap's automated system. Methodology

What does Monte Rosa Therapeutics do?

Monte Rosa Therapeutics, Inc., a clinical-stage biotechnology company, engages in the development of novel small molecule precision medicines that employ the body's natural mechanisms to selectively degrade therapeutically relevant proteins. The company develops orally bioavailable molecular glue degraders (MGDs), such as MRT-2359 for the treatment of MYC-driven tumors; MRT-6160 for the treatment of neurologic and systemic autoimmune and inflammatory diseases; and MRT-8102 for the treatment of inflammatory diseases driven by IL-1a, IL-1ß and IL-18, as well as damage-associated molecular patterns. In addition, it develops CDK2 to treat multiple cancers, including ovarian, endometrial, gastric and breast. Further, its pipeline includes programs in immunology and inflammation indications, oncology, cardiovascular, metabolic, and genetic diseases. The company also develops QuEEN, a discovery engine, to enable its target-centric MGD discovery and development approach and its rational design of MGD product candidates. It has a strategic collaboration and licensing agreement with F. Hoffmann-La Roche Ltd.; and Novartis. The company was incorporated in 2019 and is headquartered in Boston, Massachusetts.

Business description based on the company's public filings.

Company information

Legal name
Monte Rosa Therapeutics Inc.
Ticker
NASDAQ: GLUE
Industry
Biotechnology: Biological Products (No Diagnostic Substances)
CEO
Dr. Markus Warmuth M.D.
Employees
173
Headquarters
321 Harrison Avenue, Boston, MA, United States
Phone
617 949 2643
IPO year
2021
Market cap
$867.64M
SEC CIK
0001826457

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