Monte Rosa Therapeutics, Inc. (GLUE) Tops Q3 EPS by 18c
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Monte Rosa Therapeutics Announces Third Quarter 2024 Financial Results and Provides Corporate Update
November 7, 2024 7:01 AM ESTExecuted global exclusive development and commercialization license agreement with Novartis to advance VAV1-directed molecular glue degraders including MRT-6160 for immune-related conditions; $150M upfront payment, eligible for up to $2.1B milestones and U.S. P&L share
MRT-6160 Phase 1 SAD/MAD study ongoing with initial clinical data expected by Q1 2025
Phase 1/2 study of MRT-2359, in development for MYC-driven solid tumors, ongoing with updated clinical results anticipated by year-end
MRT-8102, a NEK7-directed molecular glue degrader targeting diseases driven by IL-1 and the NLRP3 inflammasome,... More
