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Monte Rosa Therapeutics Announces First Patient Dosed in MODeFIRe-1, a Phase 2 Study of MRT-2359 in Combination with Apalutamide in Patients with AR Mutation-Positive Metastatic Castration-Resistant Prostate Cancer

(Moderate)
(Very Positive)

Monte Rosa Therapeutics (Nasdaq: GLUE) announced dosing of the first patient in MODeFIRe-1 (NCT07745361), a Phase 2 trial of investigational molecular glue degrader MRT-2359 plus apalutamide in patients with AR mutation-positive metastatic castration-resistant prostate cancer (mCRPC).

The study will enroll up to 25 mCRPC patients with AR mutations previously treated with a second-generation AR inhibitor and will assess PSA and RECIST responses, duration of response, rPFS, PSA progression-free survival, and safety. According to Monte Rosa, prior Phase 1/2 combination data with enzalutamide in heavily pretreated advanced CRPC showed PSA responses in 5/5 AR-mutant patients, a 100% disease control rate, and two RECIST responses. Enrollment in that expansion arm is complete, and an updated data readout on six AR-mutant patients is planned by year-end.

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Positive

  • First patient dosed in MODeFIRe-1 Phase 2 trial of MRT-2359 plus apalutamide in AR mutation-positive mCRPC
  • Phase 2 study designed to enroll up to 25 AR-mutant mCRPC patients using Simon’s two-stage design
  • Prior Phase 1/2 data: 5 of 5 AR-mutant patients had PSA response with 100% disease control and two RECIST responses
  • Enrollment completed in Phase 1/2 expansion arm with 6 AR-mutant patients treated with MRT-2359 plus enzalutamide
  • Updated data from the initial Phase 1/2 MRT-2359 plus enzalutamide study expected by the end of the year

Negative

  • Current Phase 2 MODeFIRe-1 trial plans to enroll only up to 25 patients, limiting dataset size
  • Initial efficacy signals for MRT-2359 in AR-mutant CRPC based on a small group of 5 responding patients and 6 total AR-mutant patients in expansion arm

Market reaction after Phase 2 clinical trial: GLUE -4.97%

-4.97% $13.59 2.4x vol
15m delay
-4.97% Vs previous close
$13.59 Last Price
$13.58 $16.00 Day Range
$1.16B Market Cap
2.4x Rel. Volume

Following this news, GLUE has declined 4.97%, reflecting a moderate negative market reaction. Our momentum scanner has triggered 17 alerts so far, indicating notable trading interest and price volatility. The stock is currently trading at $13.59. Trading volume is elevated at 2.4x the average, suggesting increased selling activity.

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Market Context

Net Selling was recorded across recent insider activity, adding a market-context consideration along...
Analysis

Net Selling was recorded across recent insider activity, adding a market-context consideration alongside this Phase 2 dosing milestone. The platform record shows mixed clinical-news reactions; subsequent response, durability, safety, and enrollment remain relevant watch items.

Key Figures

AR-mutant PSA responders: 5 of 5 patients Disease control rate: 100% RECIST responses: 2 responses +4 more
7 metrics
AR-mutant PSA responders 5 of 5 patients Prior Phase 1/2 study of MRT-2359 plus enzalutamide
Disease control rate 100% Patients with AR mutations in prior Phase 1/2 study
RECIST responses 2 responses Prior Phase 1/2 study of MRT-2359 plus enzalutamide
Study dose 0.5 mg MODeFIRe-1 Phase 2 study
Dosing schedule 21 days on, 7 days off Over 28-day cycles in MODeFIRe-1
Planned enrollment Up to 25 patients MODeFIRe-1 Phase 2 study
Prior-study AR-mutant enrollment 6 patients Enrolled and treated with MRT-2359 plus enzalutamide

Previous Clinical trial Reports

5 past events · Latest: Mar 16 (Positive)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Mar 16 Clinical supply agreement Positive +2.1% Johnson & Johnson supply agreement supported planned Phase 2 MRT-2359 development.
Feb 24 Phase 1/2 data Positive -1.5% Updated MRT-2359 data showed PSA responses and disease control in AR-mutant patients.
Jan 07 Phase 1 data Positive +45.4% MRT-8102 data showed substantial hsCRP reductions and broad target engagement.
Jan 06 Clinical data presentation Neutral +45.4% The company scheduled presentation of interim MRT-8102 Phase 1 study results.
Dec 15 Clinical data presentation Neutral +13.4% The company scheduled an updated MRT-2359 Phase 1/2 results presentation.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Tag-specific clinical-trial announcements produced mixed reactions, with positive clinical updates sometimes diverging from the stock's price reaction.

Key Terms

mcrpc, molecular glue degrader, gspt1-directed mgd, simon’s two-stage design
4 terms
mcrpc medical
"in patients with metastatic castration-resistant prostate cancer (mCRPC)"
mCRPC stands for metastatic castration‑resistant prostate cancer, a form of prostate cancer that has spread beyond the prostate and keeps progressing despite treatments that lower male hormones. It matters to investors because this stage is harder to treat, drives demand for new therapies, and often involves large, expensive clinical trials and regulatory decisions that can strongly influence a drug maker’s future revenue and stock value—think of it as a stubborn problem that creates both medical need and commercial opportunity.
molecular glue degrader technical
"developing novel molecular glue degrader (MGD)-based medicines"
A molecular glue degrader is a small drug-like molecule that acts like a tiny adhesive, sticking a specific disease-related protein to the cell’s natural disposal machinery so the protein is destroyed rather than merely blocked. Investors watch these compounds because they can turn previously untreatable targets into removable liabilities, potentially creating breakthrough therapies, shifting development risk, and offering strong commercial upside if clinical results and regulatory approval follow.
gspt1-directed mgd technical
"an investigational, orally bioavailable, GSPT1-directed MGD"
A GSPT1-directed MGD is a small-molecule “molecular glue” degrader that binds to an E3 ubiquitin ligase and the cellular protein GSPT1, forcing the cell’s protein-disposal machinery to tag and destroy GSPT1. Think of it like a matchmaker that brings a trash-collector enzyme and a specific protein together so the protein is removed; investors care because this targeted way of eliminating a disease-related protein is a distinct drug mechanism that can shape clinical prospects, development risk, and potential commercial value.
simon’s two-stage design medical
"utilizing a Simon’s two-stage design"
A statistical plan for early-stage clinical trials that splits the study into two parts so investigators can stop early if the treatment shows insufficient activity. It sets precise sample sizes and decision rules to control the chance of false positives and false negatives, like doing a small ‘taste test’ before committing to a full batch. Investors care because it limits trial cost and risk by providing an objective, preplanned way to abandon ineffective treatments sooner.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Study will evaluate PSA and RECIST response, duration of response, radiographic progression-free survival (rPFS), and safety

Updated data from the initial Phase 1/2 study of MRT-2359 plus enzalutamide in patients with advanced CRPC expected by end of year

BOSTON, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Monte Rosa Therapeutics, Inc. (Nasdaq: GLUE), a clinical-stage biotechnology company developing novel molecular glue degrader (MGD)-based medicines, today announced that the first patient has been dosed in MODeFIRe-1 (clinicaltrials.gov identifier NCT07745361), a Phase 2 study evaluating MRT-2359 in combination with apalutamide, a second-generation androgen receptor (AR) inhibitor, in patients with metastatic castration-resistant prostate cancer (mCRPC) with AR mutations. The study follows encouraging clinical data previously shared from the Company’s Phase 1/2 study of MRT-2359 in combination with enzalutamide in heavily pretreated mCRPC patients. MRT-2359 is an investigational, orally bioavailable, GSPT1-directed MGD discovered and developed by Monte Rosa.

“Dosing the first patient in MODeFIRe-1 is an important step in advancing MRT-2359 as a potential therapy for patients with mCRPC with AR mutations, a population with limited therapeutic options,” said Filip Janku, M.D., Ph.D., Chief Medical Officer of Monte Rosa Therapeutics. “This study builds on the encouraging results we observed in our Phase 1/2 study of MRT-2359 in combination with enzalutamide. As we disclosed previously, in that study of heavily pretreated, advanced CRPC patients – including those who had progressed on prior second-generation AR inhibitors, chemotherapy, and radioligand therapy – 5 of 5 patients with AR mutations demonstrated a PSA response, with a 100% disease control rate and two RECIST responses. MODeFIRe-1 pairs MRT-2359 with apalutamide using a design intended to efficiently further evaluate and potentially confirm clinical activity in this population. We believe this study can position MRT-2359 for advancement into registrational development if the data continue to support our earlier results, with the potential to also extend clinical benefit to additional AR-driven patient populations including patients without prior second-generation AR inhibitors, as well as into combinations with radioligand therapies independent of AR status.”

MODeFIRe-1 will evaluate MRT-2359 at a dose of 0.5 mg administered orally on a 21 days on, 7 days off schedule over 28-day cycles, in combination with apalutamide. The study will enroll up to 25 patients with mCRPC with AR mutations, utilizing a Simon’s two-stage design. Eligible patients must have AR mutations, PSA with or without RECIST-measurable disease, and prior treatment with a second-generation AR inhibitor. Study endpoints include PSA response, RECIST response, duration of response, radiographic progression-free survival (rPFS), PSA progression-free survival, and safety.

Enrollment in the initial Phase 1/2 study expansion arm in patients with advanced CRPC has been completed. A total of 6 patients with AR mutations were enrolled and treated with MRT-2359 in combination with enzalutamide. Monte Rosa plans to provide an update on this patient subset by the end of the year. Interim data were presented at the ASCO Genitourinary Cancers Symposium (ASCO GU) in February.

About MRT-2359
MRT-2359 is a potent, highly selective, and orally bioavailable investigational molecular glue degrader (MGD) of GSPT1. MYC-driven cancers, including prostate cancer, depend on enhanced translation of oncoproteins to support rapid growth. MRT-2359 exploits this therapeutic vulnerability by disrupting translation through selective degradation of the translation termination factor GSPT1. MRT-2359 treatment reduced cellular abundance of many prostate cancer-relevant oncoproteins, including AR, MYC, and Cyclin D1-E2F, and demonstrated robust anti-tumor activity across multiple preclinical models of metastatic castration-resistant prostate cancer (mCRPC). MRT-2359 is being evaluated in combination with apalutamide in MODeFIRe-1, a Phase 2 study in mCRPC patients with AR mutations. In a Phase 1/2 study, the combination of MRT-2359 with the AR inhibitor enzalutamide demonstrated encouraging early signals of clinical response in mCRPC patients with AR mutations.

About Monte Rosa
Monte Rosa Therapeutics is a clinical-stage biotechnology company developing highly selective molecular glue degrader (MGD) medicines for patients living with serious diseases. MGDs are small molecule protein degraders that have the potential to treat many diseases that other modalities, including other degraders, cannot. Monte Rosa’s QuEEN™ (Quantitative and Engineered Elimination of Neosubstrates) discovery engine combines AI-guided chemistry, diverse chemical libraries, structural biology, and proteomics to rationally design MGDs with unprecedented selectivity. Monte Rosa has developed the industry’s leading pipeline of first-in-class and only-in-class MGDs, spanning autoimmune and inflammatory diseases, oncology, and beyond, with three programs in the clinic. Monte Rosa has ongoing collaborations with leading pharmaceutical companies in the areas of immunology, oncology, and neurology. For more information, visit www.monterosatx.com.

Forward-Looking Statements
This communication includes express and implied “forward-looking statements,” including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and in some cases, can be identified by terms such as “may,” “might,” “will,” “could,” “would,” “should,” “expect,” “intend,” “plan,” “objective,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “continue,” “ongoing,” or the negative of these terms, or other comparable terminology intended to identify statements about the future. Forward-looking statements contained herein include, but are not limited to, statements about our ability to grow our product pipeline, our ability to successfully complete research and further development and commercialization of our drug candidates in current or future indications, including the timing and results of our clinical trials and our ability to conduct and complete clinical trials, statements regarding the MODeFIRe-1 Phase 2 study evaluating MRT-2359 in combination with apalutamide in mCRPC patients with AR mutations, including the study design, planned enrollment of up to 25 patients, study endpoints, and the potential of the study to further evaluate clinical activity and position the program for advancement into registrational development, subject to discussions with regulatory authorities, our expectations regarding the potential to extend clinical benefit to additional AR-driven patient populations, including patients without prior second-generation AR inhibitors and combinations with radioligand therapies independent of AR status, our plans to provide updated data from the initial Phase 1/2 study expansion arm evaluating MRT-2359 in combination with enzalutamide in patients with advanced CRPC by the end of the year, statements regarding the clinical significance of the clinical data observed in the Phase 1/2 study and the potential of MRT-2359 to benefit patients with mCRPC with AR mutations, statements around our ability to capitalize on and potential benefits resulting from our research and translational insights, among others. By their nature, these statements are subject to numerous risks and uncertainties, including those risks and uncertainties set forth in our most recent Annual Report on Form 10-K for the year ended December 31, 2025, filed with the U.S. Securities and Exchange Commission on March 17, 2026, and any subsequent filings, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements. You should not rely upon forward-looking statements as predictions of future events. Although our management believes that the expectations reflected in our statements are reasonable, we cannot guarantee that the future results, performance, or events and circumstances described in the forward-looking statements will be achieved or occur. Recipients are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statements are made and should not be construed as statements of fact. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, any future presentations, or otherwise, except as required by applicable law. Certain information contained in these materials and any statements made orally during any presentation of these materials that relate to the materials or are based on studies, publications, surveys and other data obtained from third-party sources and our own internal estimates and research. While we believe these third-party studies, publications, surveys and other data to be reliable as of the date of these materials, we have not independently verified, and make no representations as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition, no independent source has evaluated the reasonableness or accuracy of our internal estimates or research and no reliance should be made on any information or statements made in these materials relating to or based on such internal estimates and research.

Investors
Andrew Funderburk
ir@monterosatx.com 

Media
Cory Tromblee, Scient PR
media@monterosatx.com 


FAQ

What is the MODeFIRe-1 Phase 2 study announced by Monte Rosa Therapeutics (GLUE)?

MODeFIRe-1 is a Phase 2 trial evaluating MRT-2359 plus apalutamide in AR mutation-positive metastatic castration-resistant prostate cancer. According to Monte Rosa, the study uses a Simon’s two-stage design and plans to enroll up to 25 eligible patients to assess efficacy and safety endpoints.

Which patients are eligible for the MODeFIRe-1 MRT-2359 and apalutamide trial in mCRPC (GLUE)?

MODeFIRe-1 enrolls metastatic castration-resistant prostate cancer patients with androgen receptor mutations previously treated with a second-generation AR inhibitor. According to Monte Rosa, eligible patients must have AR mutations, prostate-specific antigen (PSA) with or without RECIST-measurable disease, and meet protocol-defined criteria for combination therapy with MRT-2359 and apalutamide.

What prior Phase 1/2 results support Monte Rosa Therapeutics’ MRT-2359 program (GLUE) in advanced CRPC?

According to Monte Rosa, prior Phase 1/2 data of MRT-2359 plus enzalutamide in heavily pretreated advanced CRPC showed PSA responses in 5 of 5 AR-mutant patients, a 100% disease control rate, and two RECIST responses. These results underpin further evaluation in MODeFIRe-1 for AR mutation-positive mCRPC.

What are the key endpoints of the MODeFIRe-1 MRT-2359 trial in AR mutation-positive mCRPC (GLUE)?

MODeFIRe-1 will assess prostate-specific antigen (PSA) response, RECIST response, duration of response, radiographic progression-free survival (rPFS), PSA progression-free survival, and safety. According to Monte Rosa, MRT-2359 is dosed orally at 0.5 mg on a 21-days-on, 7-days-off schedule alongside apalutamide in 28-day cycles.

When will Monte Rosa Therapeutics (GLUE) provide updated MRT-2359 clinical data in advanced CRPC?

According to Monte Rosa, an updated data readout from the initial Phase 1/2 study of MRT-2359 plus enzalutamide in advanced castration-resistant prostate cancer, including six patients with AR mutations, is planned by the end of the year. Interim results were previously presented at the ASCO GU Cancers Symposium.

How is MRT-2359 administered in the MODeFIRe-1 prostate cancer study by Monte Rosa Therapeutics (GLUE)?

According to Monte Rosa, MRT-2359 is an orally bioavailable GSPT1-directed molecular glue degrader given at 0.5 mg on a 21 days on, 7 days off schedule in 28-day cycles. It is administered in combination with apalutamide in patients with AR mutation-positive metastatic castration-resistant prostate cancer.