earnings
confidence high
sentiment positive
materiality 0.65
Monte Rosa reports Q4 2023 net loss $33.3M; cash into H1 2026; key pipeline milestones on track
Monte Rosa Therapeutics, Inc.
- Net loss Q4 2023 $33.3M ($30.8M prior year); FY net loss $135.4M; cash $237M, runway into H1 2026.
- MRT-2359 MYC-driven solid tumors Phase 1/2; recommended Phase 2 dose expected Q2 2024; Fast Track for SCLC and NSCLC.
- MRT-6160 VAV1 MGD IND filing planned Q2 2024; Phase 1 SAD/MAD study start mid-2024.
- MRT-8102 NEK7 program first development candidate nominated; IND submission targeted Q1 2025.
- Entered Roche collaboration; $50M upfront, potential >$2B milestones plus royalties.