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+0.09%
Close of 9 Nov 2026, in USD
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About Monte Rosa Therapeutics
From its filings with the US Securities and Exchange Commission
Monte Rosa Therapeutics is based in Boston, Massachusetts and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker GLUE. The SEC classifies its business as biological products, (no diagnostic substances). In the fiscal year to 31 December 2025, it reported revenue of $123.7m and a net loss of $38.6m. At that date it held total assets of $448.7m and shareholders' equity of $233.1m.
We are a clinical-stage biotechnology company developing a portfolio of novel and proprietary molecular glue degraders, or MGDs. MGDs are small molecule drugs that employ the body’s natural protein destruction mechanisms to selectively degrade therapeutically relevant proteins, in effect editing the human proteome. MGDs function by inducing the engagement of an E3 ligase, such as cereblon, with defined structural features on surfaces of target proteins. These target proteins are also referred to as neosubstrates. The E3 ligase then tags the target protein for degradation by adding a molecular mark known as ubiquitin. We believe our MGDs provide significant advantages over existing therapeutic modalities, including other protein degradation approaches.
We have developed a proprietary and industry leading discovery engine, called QuEENTM (an abbreviation for “Quantitative and Engineered Elimination of Neosubstrates”) to enable our unique target-centric MGD discovery and development approach and our rational design of MGD product candidates.
To date, our QuEENTM discovery engine has identified numerous proteins for potential targeting by our MGDs, including those targeted by product candidates in our pipeline. We combine our artificial intelligence or “AI” / machine learning or “ML” engines with multiple proprietary experimental tools to identify therapeutically relevant target proteins amenable to degradation by our MGDs.
Quoted from its 10-K, filed 17 Mar 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Health Care
- Industry
- Biotechnology
- Listed since
- 24 Jun 2021
- Employees
- 150
- Website
- monterosatx.com ↗
- Head office
- 321 HARRISON AVENUE, BOSTON, MA, 02118
- Incorporated in
- DE
- Classification
- Biological Products, (No Diagnostic Substances)
- Filer status
- <br>Emerging growth company
Leadership
Pay as last reported
- Dr. Andrew SchiffNon-Executive Independent Chairman of the Board$164,831
- Dr. Markus WarmuthPresident, Chief Executive Officer, Director, since 2020$2.4m
- Ms. Jennifer ChampouxChief Operating Officer
- Dr. Sharon TownsonChief Scientific Officer
- Dr. Filip JankuChief Medical Officer$1.3m
- Dr. Philip NicksonChief Business and Legal Officer$1.3m
- Dr. Ali BehbahaniIndependent Director$117,766
- Dr. Kimberly BlackwellIndependent Director$123,391
- Dr. Eric HughesIndependent Director$281,355
- Dr. Chandra LeoIndependent Director
- Dr. Anthony ManningIndependent Director$112,498
- Ms. Christine SiuIndependent Director$124,016
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 59
- Environment
- 62
- Social
- 73
- Governance
- 41
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Developing precision medicines with a focus on molecular glue degraders (MGDs) in the Health Care sector.
- MRT-2359 is in clinical development for MYC-driven tumors including lung cancer and neuroendocrine tumors.
- The QuEEN platform enables rational design of MGD product candidates with biological and genetic rationale.
Weaknesses
- 107 full-time employees as of the latest report.
- IPO listing date of 24 June 2021 may indicate limited market history.
- The company is headquartered in Boston, Massachusetts with a small employee count.
Opportunities
- Expanding clinical development for MRT-2359 in metastatic non-small cell lung cancer.
- Growing interest in molecular glue degraders (MGDs) within the biotechnology industry.
- Potential for MRT-2359 to address unmet needs in MYC-driven tumors.
Threats
- Competition from other biotechnology firms in the Health Care sector.
- Regulatory challenges in clinical development for MRT-2359.
- The biotechnology industry faces high R&D costs and long development timelines.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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