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GLUE

Monte Rosa Therapeutics Inc

GLUE

NASDAQ

Biotechnology

$22.29

USD

+$0.63 (+2.91%)

Last close

Market Cap:

$1.83B

Volume:

5.9M

Price (USD)
Key Statistics

Previous Close

$21.66

Day Range

$20.92 - $22.37

52 Week Range

$4.12 - $25.77

Average Volume (10 Days)

1.4M

P/E Ratio

0.00

Dividend Yield

0.00%

About This Company

Monte Rosa Therapeutics, Inc. operates as a biotechnology company, which engages in the developing of precision medicines. The company is headquartered in Boston, Massachusetts and currently employs 150 full-time employees. The company went IPO on 2021-06-24. The firm is engaged in developing a portfolio of novel and molecular glue degraders (MGDs). MGDs are small molecule drugs that employ the body’s natural protein destruction mechanisms to selectively degrade therapeutically relevant proteins. The company has developed a proprietary and industry leading discovery engine, called Quantitative and Engineered Elimination of Neosubstrates (QuEEN) to enable its target centric MGD discovery and development approach and its rational design of MGD product candidates. Its product candidate, MRT-2359, is an orally bioavailable MGD targeting the translation termination factor protein GSPT1. MRT-2359 is in clinical development for potential use in MYC-driven tumors, including metastatic non-small cell lung cancer, small cell lung cancer, and neuroendocrine tumors. Its other product candidates include MRT-6160 and MRT-8102.

CEO

Dr. Markus Warmuth

Headquaters

Boston, MASSACHUSETTS, US

Founded

2021

Employees

187

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