Monte Rosa Therapeutics (GLUE)

Overall impact
B (60)

Commentary

Monte Rosa Therapeutics is a strong overall performer. With a 'B' rating of 60.5 for overall impact (63rd percentile compared to all companies), Monte Rosa Therapeutics ranks 503rd out of 673 industry peers, behind Allena Pharmaceuticals, Pluristem Therapeutics, Cell Source and 499 others, and ahead of Madrigal Pharmaceuticals, Aldeyra Therapeutics, Aptose Biosciences and 167 others. On top material causes for Monte Rosa Therapeutics's industry (Biotechnology), Monte Rosa Therapeutics performs well in Access to Affordable Healthcare (95.6 score), Technology Innovation (94.8), Free, Secure Flow of Information (82.1) and 10 other causes where it received an 'A' score and performs poorly in Racial Justice and Civil Rights (37.8 score), Decent, Safe Work Opportunities (19.6), Reduced Use of tobacco (0.0) and 8 other causes where it received a 'D' or 'F' score.
Impact
Cause GLUE
Peer rank
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Company
Employees
173
Sector
Health Care
Industry
Biotechnology
Sub-industry
Biotechnology
SASB industry
Biotechnology & Pharmaceuticals
Headquarters
Ma, United States
Share classes
GLUE
Description
Monte Rosa Therapeutics, Inc., a clinical-stage biotechnology company, engages in the development of novel small molecule precision medicines that employ the body's natural mechanisms to selectively degrade therapeutically relevant proteins. The company develops orally bioavailable molecular glue degraders (MGDs), such as MRT-2359 for the treatment of MYC-driven tumors; MRT-6160 for the treatment of neurologic and systemic autoimmune and inflammatory diseases; and MRT-8102 for the treatment of inflammatory diseases driven by IL-1a, IL-1ß and IL-18, as well as damage-associated molecular patterns. In addition, it develops CDK2 to treat multiple cancers, including ovarian, endometrial, gastric and breast. Further, its pipeline includes programs in immunology and inflammation indications, oncology, cardiovascular, metabolic, and genetic diseases. The company also develops QuEEN, a discovery engine, to enable its target-centric MGD discovery and development approach and its rational design of MGD product candidates. It has a strategic collaboration and licensing agreement with F. Hoffmann-La Roche Ltd.; and Novartis. The company was incorporated in 2019 and is headquartered in Boston, Massachusetts.
Material causes
Ethos considers the following causes material for Monte Rosa Therapeutics, based on its industry sub-industry Biotechnology. Learn more about material causes in our methodology overview.

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