Monte Rosa Therapeutics Inc GLUE

$9.37 +0.06 (0.64%)

Valuation

Market cap
795,539,000
Revenue TTM
$123,670,000
Net income TTM
$-38,630,000
P/E (trailing)
0.00
P/E (forward)
—
Profit margin
-31.24%
Debt to equity
0.00

Trading

Volume
1,119,200
Avg volume
1,405,054
Day's range
$8.95 – $9.48
Shares out
85,450,000
Stochastic %K
20%
Beta
1.40
Analysts
Strong Buy
Price target
$25.38

Price

Company profile

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 sy...

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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.

Industry
Biotechnology
Sector
Healthcare
Phone
617 949 2643
Website
https://www.monterosatx.com
Address
321 Harrison Avenue, Suite 900, Boston, United States

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