Equity Overview
Price & Market Data
Price: $5.06
Daily Change: -$0.16 / 3.16%
Range: $4.99 - $5.17
Market Cap: $311,239,584
Volume: 390,178
Performance Metrics
1 Week: 11.21%
1 Month: -7.83%
3 Months: -8.33%
6 Months: -4.71%
1 Year: -8.66%
YTD: -27.09%
Company Details
Employees: 134
Sector: Health technology
Industry: Biotechnology
Country: United States
Details
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-1b and the NLRP3 inflammasome. 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. to discover and develop MGDs against targets in cancer and neurological diseases. The company was incorporated in 2019 and is headquartered in Boston, Massachusetts.