Monte Rosa Therapeutics

Monte Rosa Therapeutics is a clinical-stage biotechnology company developing highly selective molecular glue degrader (M

General Information
Company Name
Monte Rosa Therapeutics
Founded Year
2018
Location (Offices)
Boston, United States +2
Founders / Decision Makers
Number of Employees
171
Industries
Biotechnology, Health and Wellness
Funding Stage
Post Ipo Equity
Social Media

Monte Rosa Therapeutics - Company Profile

Monte Rosa Therapeutics is a clinical-stage biotechnology company focused on developing highly selective molecular glue degrader (MGD) medicines for serious diseases in the areas of oncology, autoimmune and inflammatory diseases, and more. The company's QuEEN™ (Quantitative and Engineered Elimination of Neosubstrates) discovery engine combines AI-guided chemistry, diverse chemical libraries, structural biology, and proteomics to identify degradable protein targets and rationally design MGDs with unprecedented selectivity. This unique approach enables access to a wide-ranging and differentiated target space of well-validated biology across multiple therapeutic areas. Founded in 2018, the company is headquartered in the United States.

Monte Rosa has gained attention for its industry-leading pipeline of MGDs, and it recently secured a substantial $100.00M Post-IPO Equity investment on 16 May 2024. While the specific investors for this round are not disclosed, the scale of this investment reflects confidence in the potential of the company's innovative approach and its promising pipeline.

The company operates at the intersection of biotechnology and health and wellness industries, positioning it to address significant unmet medical needs and potentially disrupt the treatment landscape for various diseases. With its commitment to leveraging advanced technology and scientific expertise, Monte Rosa Therapeutics is poised to make a meaningful impact in the field of targeted therapeutics.

Taxonomy: Monte Rosa Therapeutics, small molecule, protein degraders, cancer treatment, oncology, drug development, precision medicine, pharmaceuticals, biopharmaceuticals, innovation, therapeutics, protein degradation pathways, cancer research, biotech startups

Funding Rounds & Investors of Monte Rosa Therapeutics (5)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $100.00M - 16 May 2024
Post-IPO Equity $25.00M - 26 Oct 2023
Series C $95.00M 10 12 Mar 2021
Series B $96.00M - 24 Sep 2020
Series A $32.50M - 26 May 2020

Latest News of Monte Rosa Therapeutics

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No recent news or press coverage available for Monte Rosa Therapeutics.

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