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Monte Rosa Q2 2026 net loss $43.4M; cash $626M; MRT-8102 GFORCE-1 readout H2 2026
Net loss of $43.4M in Q2 2026 vs $12.3M in Q2 2025; collaboration revenue $9.0M vs $23.2M.
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Monte Rosa stockholders elect three Class II directors, ratify Deloitte as auditor
Andrew Schiff, M.D., Chandra P. Leo, M.D., and Anthony Manning, Ph.D. elected as Class II directors for three-year terms ending 2029.
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Monte Rosa Q1 net loss $44.5M; cash $671M; multiple pipeline advances
Net loss of $44.5M vs net income of $46.9M in Q1 2025; collaboration revenue fell to $4.2M from $84.9M.
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Monte Rosa posts Q4 net loss $46.1M; cash runway into 2029; positive Phase 1 data for NEK7 degrader MRT-8102
Q4 net loss $46.1M vs $13.4M in Q4 2024; full-year net loss decreased to $38.6M from $72.7M.
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Monte Rosa Therapeutics PAO Edmund Dunn to retire; Matthew Bowen appointed successor
Edmund Dunn, SVP, Corporate Controller and PAO, to retire effective April 3, 2026; no severance or disagreement.
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Monte Rosa prices $300M public offering of common stock and pre-funded warrants
Offering of 11,125,000 shares at $24.00/share and pre-funded warrants for 1,375,000 shares at $23.9999 each.
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Monte Rosa reports positive interim Phase 1 data for MRT-8102; hsCRP reduced 85% in 4 weeks
In subjects with elevated CVD risk, MRT-8102 reduced hsCRP by 85% after 4 weeks; 94% achieved hsCRP <2 mg/L (median baseline 6.3 mg/L).
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Monte Rosa Therapeutics terminates ATM stock sale program; no further sales until new prospectus filed
Effective January 7, 2026, company terminated the ATM prospectus under its shelf registration.
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MRT-2359 + enzalutamide shows 100% PSA response in AR-mutant mCRPC; Phase 2 planned 2026
In 14 evaluable mCRPC patients, overall DCR 64% (9/14); in AR-mutant subset (n=4), 100% PSA response rate and 100% DCR, with 2 RECIST partial responses.
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Monte Rosa reports Q3 net loss $27.1M; second Novartis deal with $120M upfront
Net loss $27.1M vs $23.9M YoY; collaboration revenue $12.8M (vs $9.2M).
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Monte Rosa and Novartis expand collaboration for immune-disease degraders; upfront $120M
Monte Rosa receives $120M upfront from Novartis under new collaboration for degraders in immune-mediated diseases.
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Monte Rosa Q2 net loss narrows to $12.3M on $23.2M collaboration revenue; cash runway to 2028
Collaboration revenue $23.2M (vs $4.7M YoY) from Novartis license; net loss improved to $12.3M from $30.3M.
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Monte Rosa Therapeutics elects three Class I directors, ratifies auditor at 2025 annual meeting
Elected Christine Siu, Kimberly Blackwell, and Jan Skvarka as Class I directors for three-year terms ending in 2028.
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Monte Rosa Q1 net income $46.9M on Novartis revenue; pipeline advances
Net income of $46.9M vs net loss of $32.0M a year ago; collaboration revenue $84.9M from Novartis.
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Monte Rosa Q4 net income $13.4M; Ph1 MRT-6160 >90% VAV1 deg, MRT-2359 CRPC response
Q4 2024 net income $13.4M vs net loss $33.3M in Q4 2023; collaboration revenue $60.6M from Novartis/Roche deals.
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Monte Rosa announces 2025 milestones and $377M cash position funding into 2028
Preliminary cash, equivalents, and securities of $377.0M as of Dec 31, 2024; funds operations into 2028.
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Monte Rosa Therapeutics appoints Eric A. Hughes, M.D., Ph.D. to Board of Directors
Dr. Hughes is Executive VP, Global R&D and Chief Medical Officer at Teva Pharmaceuticals; previously at Vertex, Novartis, BMS.
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Monte Rosa sets RP2D for MRT-2359 at 0.5 mg/day 21/7 schedule; safety, PD data positive
RP2D selected: 0.5 mg daily on 21-days-on/7-days-off schedule based on favorable safety and ~60% GSPT1 degradation.
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Monte Rosa reports Q3 net loss $23.9M; announces Novartis deal for VAV1 degraders with $150M upfront
Net loss of $23.9M for Q3 2024; collaboration revenue of $9.2M from Roche.
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Monte Rosa licenses VAV1 degrader MRT-6160 to Novartis for $150M upfront
Novartis gets exclusive worldwide rights to develop, manufacture, and commercialize VAV1 MGDs including MRT-6160.
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Monte Rosa Q2 net loss $30.3M; cash $267.1M; IND cleared for MRT-6160
Net loss $30.3M for Q2 2024 vs $32.0M in Q1; collaboration revenue $4.7M from Roche deal.
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Monte Rosa: MRT-2359 dose update; MRT-6160 IND for autoimmune diseases
MRT-2359 Phase 1/2: favorable safety at 0.5 mg 21/7 schedule; evaluating 0.75 mg cohort; RP2D and updated data expected H2 2024.
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Monte Rosa Therapeutics 2024 annual meeting results: directors elected, auditor ratified
Markus Warmuth, M.D. elected with 39,473,886 votes for, 84,415 withheld; Ali Behbahani, M.D. with 23,794,947 for, 15,763,354 withheld.
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Monte Rosa Therapeutics promotes three executives to CSO, CBO/CLO, and COO
Sharon Townson, Ph.D., promoted to Chief Scientific Officer; previously CTO.
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Monte Rosa prices $100M public offering of common stock and pre-funded warrants
Priced 10.6M shares at $4.70/share and pre-funded warrants for 10.6M shares at $4.6999/warrant; gross proceeds $100M.
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Monte Rosa Q1 net loss $32M; pipeline advances with MRT-2359, MRT-6160, MRT-8102 milestones
Q1 2024 net loss $32.0M; cash $197.8M (down from $237.0M Dec 2023), sufficient into H1 2026.
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Monte Rosa CSO Owen Wallace departs May 17 to become CEO at UK biotech; remains adviser
Owen Wallace resigns as CSO effective May 17, 2024, to become CEO of a UK-based biotech company.
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Monte Rosa reports Q4 2023 net loss $33.3M; cash into H1 2026; key pipeline milestones on track
Net loss Q4 2023 $33.3M ($30.8M prior year); FY net loss $135.4M; cash $237M, runway into H1 2026.
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Monte Rosa outlines 2024 milestones: Fast Track for MRT-2359, MRT-6160 Phase 1, cash into H1 2026
FDA Fast Track Designation for MRT-2359 in previously treated metastatic SCLC with L-MYC or N-MYC expression.
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Monte Rosa Q3 net loss $34.9M; cash runway into H1 2026 after Roche deal and $25M offering
Net loss $34.9M vs $27.3M in Q3 2022; R&D expenses $28.3M, G&A $8.7M.
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Monte Rosa raises $25M via pre-funded warrant offering at $2.4999 per share
Gross proceeds ~$25M from sale of pre-funded warrants to purchase 10,000,400 shares.
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Monte Rosa signs $50M upfront Roche collaboration for MGDs; MRT-2359 shows early efficacy
Upfront payment of $50M from Roche; potential milestones >$2B for initial oncology/neurology targets.
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Monte Rosa Q2 net loss $35.2M, CFO resigns; cash sustains into 2025
Net loss of $35.2M for Q2 2023 vs $26.5M in Q2 2022; R&D expenses $29.1M.
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Monte Rosa appoints former Momenta CSO Anthony Manning to Board
Board expanded from 8 to 9 directors; Dr. Manning fills newly created vacancy, effective July 25, 2023.
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Monte Rosa Therapeutics stockholders approve officer liability amendment, elect directors
Amendment to certificate of incorporation to limit officer liability as per Delaware law approved (42.5M for, 567k against).
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Monte Rosa Q1 net loss $32M; cash $237M; MRT-2359 data on track for H2 2023
Net loss $32M in Q1 2023 vs $23.9M in Q1 2022; R&D expenses $26.8M vs $17.9M.
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Monte Rosa Therapeutics appoints Jan Skvarka to Board of Directors
Appointed Jan Skvarka, Ph.D., MBA to the Board, effective March 23, 2023.
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Monte Rosa reports FY 2022 net loss of $108.5M; MRT-2359 Phase 1/2 data expected H2 2023
FY 2022 net loss $108.5M (vs $74.0M in 2021); cash & securities $268.1M, runway into 2025.
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Monte Rosa Therapeutics outlines 2023 milestones; MRT-2359 Fast Track designation from FDA
MRT-2359 granted FDA Fast Track for previously treated metastatic NSCLC with L-MYC or N-MYC expression.
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Monte Rosa Q3 net loss $27.3M; MRT-2359 Phase 1/2 dosing initiated
Net loss of $27.3M in Q3 2022 vs $19.8M in Q3 2021; R&D expenses rose to $21.3M.
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Monte Rosa holds KOL webinar on MRT-2359 hosted by Cowen on Oct 24, 2022
Presented at KOL webinar hosted by Cowen on MRT-2359, a targeted protein degrader.
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Monte Rosa Q2 2022 net loss $26.5M; IND submitted for MRT-2359
Net loss of $26.5M for Q2 2022, compared to $18.4M in Q2 2021.
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Monte Rosa stockholders elect two Class I directors, ratify Deloitte as auditor
Christine Siu elected with 40,031,134 votes for, 1,535,338 withheld, 2,219,497 broker non-votes.
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Monte Rosa Q1 net loss $23.9M; IND for MRT-2359 expected mid-2022
Net loss $23.9M for Q1 2022 vs $12.3M in Q1 2021; R&D spend $17.9M.
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Monte Rosa reports Q4 2021 net loss $23.4M; cash $351.4M; on track for MRT-2359 IND mid-2022
Net loss Q4 2021 $23.4M vs $19.7M in Q4 2020; FY 2021 loss $74.0M vs $35.9M in 2020.
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Monte Rosa presents at J.P. Morgan Healthcare Conference; no specific details disclosed in filing
Company delivered revised corporate presentation at 40th Annual J.P. Morgan Healthcare Conference on Jan 10, 2022.
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Monte Rosa Therapeutics enters 128-month lease for 63,327 sq ft in Boston at $95/sqft base rent
Leased 63,327 sq ft at 321 Harrison Ave, Boston for office/lab space; term starts April 1, 2022.
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Monte Rosa names first development candidate MRT-2359 targeting GSPT1; Q3 net loss $19.8M
Selected MRT-2359 as first development candidate; initiated IND-enabling studies for mid-2022 IND submission.
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Monte Rosa Q2 net loss $18.4M; $255.6M IPO extends cash into late 2024
R&D expenses $14.6M (Q2 2020: $4.9M), G&A $3.5M ($0.5M) as headcount and lab activities expanded.