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Monte Rosa Therapeutics, Inc. - GLUE STOCK NEWS

Welcome to our dedicated page for Monte Rosa Therapeutics news (Ticker: GLUE), a resource for investors and traders seeking the latest updates and insights on Monte Rosa Therapeutics stock.

Monte Rosa Therapeutics, Inc. (Nasdaq: GLUE) is a clinical-stage biotechnology leader pioneering molecular glue degraders (MGDs) to treat complex diseases. This page provides investors and researchers with centralized access to official company announcements, including clinical trial updates, research milestones, and strategic collaborations.

Key resources include: Real-time updates on drug development progress, regulatory filings, and peer-reviewed data publications. Users will find curated news on oncology and autoimmune/inflammatory disease programs powered by the QuEEN™ discovery platform.

Content highlights: Press releases covering preclinical breakthroughs, partnership announcements with pharmaceutical leaders, executive team updates, and financial disclosures. All materials are sourced directly from the company to ensure accuracy and timeliness.

Bookmark this page for streamlined tracking of Monte Rosa Therapeutics' advancements in targeted protein degradation therapies. Visit regularly to stay informed about developments in this cutting-edge area of precision medicine.

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Monte Rosa Therapeutics (GLUE) presented preclinical data on MRT-51443, its CDK2-directed molecular glue degrader (MGD), for treating HR-positive/HER2-negative breast cancer at AACR 2025.

Key findings show that MRT-51443 in combination with CDK4/6 inhibition and anti-estrogen therapy achieved superior tumor regression compared to standard treatments. In the MCF7 model, the combination demonstrated -77% median tumor growth versus -3% for standard therapy. In the T47D model, it showed -61% versus -10%.

The drug exhibited potency, selectivity, and favorable drug-like properties, demonstrating superior selectivity compared to clinical-stage CDK2 inhibitors. MRT-51443 induced deep CDK2 degradation and delayed resistance to CDK4/6 inhibition. The company anticipates an IND submission for its cell cycle program in 2026.

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Monte Rosa Therapeutics (NASDAQ: GLUE) reported Q4 2024 financial results and clinical updates for its molecular glue degrader programs. MRT-6160 Phase 1 study showed >90% VAV1 degradation and significant T and B cell inhibition with favorable safety profile. MRT-2359 demonstrated encouraging responses in castration-resistant prostate cancer (CRPC), including a confirmed partial response, leading to focus on CRPC development while deprioritizing other indications.

Key financial highlights include Q4 2024 collaboration revenue of $60.6 million and R&D expenses of $38.9 million. The company maintains a strong cash position expected to fund operations into 2028.

Pipeline updates:

  • MRT-8102 (NEK7-directed degrader) on track for IND filing in H1 2025
  • Novartis collaboration agreement includes $150M upfront payment and potential $2.1B in milestones
  • CRPC cohort expansion planned for 20-30 patients
  • Additional MRT-2359 results expected in H2 2025

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Monte Rosa Therapeutics (Nasdaq: GLUE) has announced an upcoming pipeline update and financial results presentation scheduled for March 20, 2025. The presentation will feature clinical results from two key studies:

1. Phase 1 SAD/MAD study of VAV1-directed molecular glue degrader MRT-6160
2. Phase 1/2 study of MRT-2359 in MYC-driven solid tumors

The company will host a conference call and webcast at 8:00 a.m. ET to discuss these clinical outcomes along with their fourth quarter and full year 2024 financial results. The presentation will be accessible through Monte Rosa's website, with a recording available for 30 days afterward.

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Monte Rosa Therapeutics (Nasdaq: GLUE), a clinical-stage biotechnology company specializing in molecular glue degrader (MGD)-based medicines, has announced its upcoming participation at the TD Cowen 45th Annual Health Care Conference. The company's CEO, Markus Warmuth, M.D., will deliver a presentation on Monday, March 3, 2025, at 2:30 p.m. EST.

The presentation will be accessible through a webcast available in the 'Events & Presentations' section of Monte Rosa's investor relations website at ir.monterosatx.com. An archived version of the presentation will remain available for 30 days after the event.

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Monte Rosa Therapeutics (NASDAQ: GLUE) has provided a corporate update highlighting key milestones for 2025. The company expects initial clinical data from two key studies in Q1 2025: the Phase 1 SAD/MAD study of VAV1-directed MGD MRT-6160 and additional results from the Phase 1/2 study of MRT-2359 in MYC-driven solid tumors.

The company's financial position is strong with expected year-end cash and equivalents of $377 million as of December 31, 2024, anticipated to fund operations into 2028. This includes a $150 million upfront payment from a global licensing agreement with Novartis for MRT-6160, signed in October 2024, which could yield up to $2.1 billion in additional milestones.

Key developments include selecting a recommended Phase 2 dose for MRT-2359, advancing MRT-8102 (targeting NEK7) toward IND filing in H1 2025, and progress in CDK2 and Cyclin E1-directed MGD programs. The company's QuEEN™ discovery engine has identified over 1,600 proteins potentially targetable with MGDs.

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Monte Rosa Therapeutics (Nasdaq: GLUE), a clinical-stage biotechnology company specializing in molecular glue degrader (MGD)-based medicines, has announced its participation in the 43rd Annual J.P. Morgan Healthcare Conference. The company's CEO, Markus Warmuth, M.D., will deliver a presentation on Tuesday, January 14, 2025, at 5:15 p.m. PST.

The presentation will be accessible through a webcast via the 'Events & Presentations' section of Monte Rosa's investor relations website at ir.monterosatx.com. An archived version of the presentation will remain available for 30 days following the event.

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Monte Rosa Therapeutics (Nasdaq: GLUE) has appointed Dr. Eric A. Hughes to its Board of Directors. Dr. Hughes currently serves as Executive Vice President, Global R&D and Chief Medical Officer of Teva Pharmaceuticals. He brings extensive experience in biopharmaceutical industry leadership, having previously held senior positions at Vertex Pharmaceuticals, Novartis, and Bristol Myers Squibb.

Dr. Hughes's expertise includes building R&D organizations and developing therapeutics across multiple disease areas, particularly in immunology and inflammation. His appointment aligns with Monte Rosa's expansion into these therapeutic areas and their continued development of molecular glue degrader (MGD)-based medicines through their QuEEN™ discovery engine.

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Monte Rosa Therapeutics (Nasdaq: GLUE) has closed its global exclusive development and commercialization license agreement with Novartis for VAV1-directed molecular glue degraders (MGDs), including MRT-6160. The deal includes a $150 million upfront payment and potential earnings of up to $2.1 billion in development, regulatory, and sales milestones. Novartis gains worldwide rights and will handle clinical development and commercialization from Phase 2 onwards, while Monte Rosa completes the ongoing Phase 1 study.

Monte Rosa will co-fund Phase 3 development and share U.S. profits and losses, receiving tiered royalties on ex-U.S. sales. MRT-6160 is an oral VAV1 degrader showing promise in preclinical studies for immune-mediated conditions.

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Monte Rosa Therapeutics (Nasdaq: GLUE) presented preclinical data on their CDK2-directed molecular glue degrader (MGD), MRT-9643, for treating HR-positive/HER2-negative breast cancer. The data shows that MRT-9643 demonstrates superior selectivity compared to clinical-stage CDK2 inhibitors and induced robust pathway suppression.

When combined with standard therapies, MRT-9643 achieved deep tumor regression in preclinical models. The compound showed deep CDK2 degradation in cellular assays and demonstrated enhanced downstream pathway suppression when combined with CDK4/6 inhibitors or triple combination therapy. The company plans to advance their CDK2 MGD program towards development candidate nomination in H1 2025.

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Monte Rosa Therapeutics has provided an update on its Phase 1/2 study of MRT-2359 in patients with MYC-driven solid tumors. The study demonstrated a favorable safety profile and achieved targeted GSPT1 degradation levels using a 21 days on, 7 days off drug dosing schedule in heavily pretreated patients.

The recommended Phase 2 dose has been determined at 0.5 mg daily. The drug showed no signs of hypotension, cytokine release syndrome, or clinically significant hypocalcemia. The study enrolled patients with various tumor types, including NSCLC, SCLC, neuroendocrine tumors, prostate cancer, and breast cancer.

Safety assessments have begun for MRT-2359 in combination with enzalutamide for prostate cancer and fulvestrant for breast cancer. Additional clinical results, including biomarker and activity data, are expected in Q1 2025.

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FAQ

What is the current stock price of Monte Rosa Therapeutics (GLUE)?

The current stock price of Monte Rosa Therapeutics (GLUE) is $4.79 as of April 29, 2025.

What is the market cap of Monte Rosa Therapeutics (GLUE)?

The market cap of Monte Rosa Therapeutics (GLUE) is approximately 274.3M.
Monte Rosa Therapeutics, Inc.

Nasdaq:GLUE

GLUE Rankings

GLUE Stock Data

274.33M
60.85M
0.71%
102.42%
13.09%
Biotechnology
Biological Products, (no Disgnostic Substances)
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United States
BOSTON