GLUE on Nasdaq
Monte Rosa Therapeutics
Biotechnology company.1
Price unavailable
Last updated Oct 19, 2026.
Overview
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- TickerGLUE on Nasdaq1
- Industrybiotechnology1
- HeadquartersBoston, Massachusetts1
- Websitewww.monterosatx.com
- Incorporated inDE3
- Business address321 Harrison Avenue, Suite 900, Boston, Ma 021183
- Filer category, Emerging growth company3
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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.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Research and development99¢$141.5M
- Income tax1¢$1.1M
Out of $123.7M in revenue.56 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Collaboration revenue | $123.7M | $75.6M |
| Research and development | $141.5M | $121.6M |
| General and administrative | $36.4M | $35.2M |
| Total operating expenses | $177.9M | $156.7M |
| Loss from operations | -$54.2M | -$81.1M |
| Interest income | $12.9M | $10.6M |
| Foreign currency exchange gain, net | $1.5M | $416.0K |
| Gain on disposal of fixed assets | $59.0K | $0 |
| Total other income | $14.5M | $11.0M |
| Net loss before income taxes | -$39.7M | -$70.1M |
| Income tax benefit (provision) | $1.1M | -$2.6M |
| Net loss | -$38.6M | -$72.7M |
| Net loss per share attributable to common stockholders - basic | -$0 | -$1 |
| Net loss per share attributable to common stockholders - diluted | -$0 | -$1 |
| Weighted-average number of common shares used in computing net loss per share - basic | 83.1M shares | 73.9M shares |
| Weighted-average number of common shares used in computing net loss per share - diluted | 83.1M shares | 73.9M shares |
| Provision for pension benefit obligation | -$518.0K | -$802.0K |
| Unrealized gain on available-for-sale securities | $47.0K | $170.0K |
| Comprehensive loss | -$39.1M | -$73.3M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.5
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $129.9M | $224.3M | |
| Marketable securities | $247.2M | $147.9M | |
| Collaboration receivable | $7.0M | $0 | |
| Other receivables | $4.6M | $173.0K | |
| Prepaid expenses and other current assets | $4.5M | $5.1M | |
| Total current assets | $393.2M | $377.4M | |
| Property and equipment, net | $26.0M | $29.5M | |
| Operating lease right-of-use assets | $24.4M | $26.8M | |
| Restricted cash | $5.0M | $4.9M | |
| Other long-term assets | $148.0K | $115.0K | |
| Total assets | $448.7M | $438.7M | |
| Accounts payable | $3.5M | $17.2M | |
| Accrued expenses and other current liabilities | $26.7M | $18.8M | |
| Current deferred revenue | $29.6M | $117.2M | |
| Current portion of operating lease liability | $4.4M | $3.7M | |
| Total current liabilities | $64.2M | $156.9M | |
| Deferred revenue, net of current | $111.3M | $16.1M | |
| Defined benefit plan liability | $5.3M | $3.7M | |
| Operating lease liability, net of current | $34.8M | $39.0M | |
| Total liabilities | $215.6M | $215.8M | |
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized | $0 | $0 | |
| Common stock, $0.0001 par value; 500,000,000 shares authorized, 61,790,239 and 61,507,446 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $7.0K | $6.0K | |
| Additional paid-in capital | $714.1M | $664.9M | |
| Accumulated other comprehensive loss | -$3.8M | -$3.4M | |
| Accumulated deficit | -$477.2M | -$438.6M | |
| Total stockholders' equity | $233.1M | $222.9M | $179.2M |
| Total liabilities and stockholders' equity | $448.7M | $438.7M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Common stock, par or stated value per share | $0.00 | $0.00 | |
| Common stock, shares authorized | 500.0M shares | 500.0M shares | |
| Common stock, shares issued | 65.5M shares | 61.5M shares | |
| Common stock shares outstanding | 65.5M shares | 61.5M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash and cash equivalents | $129.9M | $224.3M | |
| Marketable securities | $247.2M | $147.9M | |
| Collaboration receivable | $7.0M | $0 | |
| Other receivables | $4.6M | $173.0K | |
| Prepaid expenses and other current assets | $4.5M | $5.1M | |
| Total current assets | $393.2M | $377.4M | |
| Property and equipment, net | $26.0M | $29.5M | |
| Operating lease right-of-use assets | $24.4M | $26.8M | |
| Restricted cash | $5.0M | $4.9M | |
| Other long-term assets | $148.0K | $115.0K | |
| Total assets | $448.7M | $438.7M | |
| Accounts payable | $3.5M | $17.2M | |
| Accrued expenses and other current liabilities | $26.7M | $18.8M | |
| Current deferred revenue | $29.6M | $117.2M | |
| Current portion of operating lease liability | $4.4M | $3.7M | |
| Total current liabilities | $64.2M | $156.9M | |
| Deferred revenue, net of current | $111.3M | $16.1M | |
| Defined benefit plan liability | $5.3M | $3.7M | |
| Operating lease liability, net of current | $34.8M | $39.0M | |
| Total liabilities | $215.6M | $215.8M | |
| Preferred stock, $0.0001 par value, 10,000,000 shares authorized | $0 | $0 | |
| Common stock, $0.0001 par value; 500,000,000 shares authorized, 61,790,239 and 61,507,446 shares issued and outstanding as of December 31, 2025 and 2024, respectively | $7.0K | $6.0K | |
| Additional paid-in capital | $714.1M | $664.9M | |
| Accumulated other comprehensive loss | -$3.8M | -$3.4M | |
| Accumulated deficit | -$477.2M | -$438.6M | |
| Total stockholders' equity | $233.1M | $222.9M | $179.2M |
| Total liabilities and stockholders' equity | $448.7M | $438.7M | |
| Preferred stock, par value | $0.00 | $0.00 | |
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | |
| Common stock, par or stated value per share | $0.00 | $0.00 | |
| Common stock, shares authorized | 500.0M shares | 500.0M shares | |
| Common stock, shares issued | 65.5M shares | 61.5M shares | |
| Common stock shares outstanding | 65.5M shares | 61.5M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.5
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net loss | -$38.6M | -$72.7M |
| Stock-based compensation expense | $18.9M | $18.1M |
| Depreciation | $8.4M | $8.1M |
| Net accretion of discounts/premiums on marketable securities | -$2.1M | -$2.9M |
| Gain on disposal of property and equipment | -$59.0K | $0 |
| Collaboration receivable | -$7.0M | $0 |
| Other receivables | -$4.4M | $332.0K |
| Prepaid expenses and other assets | $604.0K | -$1.6M |
| Accounts payable | -$13.7M | $6.3M |
| Accrued expenses and other current liabilities | $7.9M | $4.2M |
| Defined benefit plan liability | $1.0M | $187.0K |
| Right-of-use assets and operating lease liabilities | -$1.1M | -$1.3M |
| Deferred revenue | $7.5M | $83.4M |
| Net cash (used in) provided by operating activities | -$22.8M | $42.0M |
| Purchases of property and equipment | -$4.7M | -$4.0M |
| Purchases of marketable securities | -$376.7M | -$230.4M |
| Proceeds from maturities of marketable securities | $279.5M | $189.9M |
| Net cash used in investing activities | -$101.8M | -$44.5M |
| Proceeds from underwritten public offering, net of underwriter's discount of $3,000 | $0 | $47.0M |
| Proceeds from issuance of pre-funded warrants | $0 | $50.0M |
| Payment of common stock and pre-funded warrant issuance costs | -$357.0K | -$641.0K |
| Proceeds from exercise of employee stock options | $5.7M | $1.1M |
| Proceeds from employee stock purchase plan | $735.0K | $527.0K |
| Net cash provided by financing activities | $30.4M | $98.9M |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -$94.3M | $96.4M |
| Purchases of property and equipment in accounts payable and accrued expenses | $149.0K | $50.0K |
| Underwriter's discount on underwritten public offering cost | $3.0M |
No quarter-by-quarter statement was filed.
Leadership
Who has led Monte Rosa Therapeutics, and when. Pick a name to see everywhere that person has worked.
Chief executive
President
Chief financial officer
Chief operating officer
- Chief executive officerMarkus Warmuth Mar 2, 2022 to now12
- PresidentMarkus Warmuth Mar 2, 2022 to now12
- Chief financial officerAjim Tamboli Jun 23, 2021 to Jan 4, 202313
- Chief operating officerJennifer Champoux Jun 5, 2024 to now14
Board members and other officers (21)
- Principal Accounting OfficerMatthew Bowen Apr 7, 2026 to now15
- Chief Business & Legal OfficerPhilip Nickson Jun 5, 2024 to now16
- Principal Accounting OfficerEdmund Dunn Aug 18, 2023 to now17
- Chief Medical OfficerFilip Janku Jun 23, 2021 to now18
- Chief Data ScientistJohn C. Castle Jun 23, 2021 to Jan 4, 202319
- OfficerMarkus Warmuth Jun 23, 2021 to Jun 25, 202120
- Chief Scientific OfficerOwen B. Wallace Jun 23, 2021 to Jan 4, 202421
- Chief Technology OfficerSharon Townson Jun 23, 2021 to now22
- Chief Business OfficerJulian G. Jones Dec 2, 2021 to Jan 4, 202423
- Board memberEric A. Hughes Dec 13, 2024 to now24
- Board memberJan Skvarka Mar 24, 2023 to now25
- Board memberAnthony M. Manning Jul 26, 2023 to now26
- Board memberAlexander Mayweg Jun 23, 2021 to Jun 15, 202327
- Board memberAli Behbahani Jun 23, 2021 to now28
- Board memberAndrew N. Schiff Jun 23, 2021 to now29
- Board memberBihua Chen Jun 23, 2021 to Jun 23, 202130
- Board memberBradley J. Bolzon Phd. Jun 23, 2021 to Jun 30, 202131
- Board memberChandra P. Leo Jun 23, 2021 to now32
- Board memberKimberly Blackwell Jun 23, 2021 to now33
- Board memberMarkus Warmuth Jun 23, 2021 to now20
- General counselPhilip Nickson Mar 2, 2022 to Jan 4, 202434
Former names
- Monte Rosa Therapeutics, Inc.Sep 29, 2020 to Oct 6, 20263
Timeline
Filings
313 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 50 major events, 117 insider forms, 54 large holders, 72 other. The latest 20:
- Oct 6, 20264 EDGAR
- Oct 1, 20268-K EDGAR
- Sep 8, 20268-K EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 2026SCHEDULE 13G EDGAR
- Aug 6, 202610-Q EDGAR
- Aug 6, 20268-K EDGAR
- Jul 17, 20264 EDGAR
- Jul 16, 2026144 EDGAR
- Jul 16, 20264 EDGAR
- Jul 15, 2026144 EDGAR
- Jul 8, 2026SCHEDULE 13G/A EDGAR
- Jul 7, 20264 EDGAR
- Jul 6, 20264 EDGAR
- Jul 6, 2026SCHEDULE 13D/A EDGAR
- Jul 1, 20264 EDGAR
- Jun 30, 2026144 EDGAR
- Jun 30, 20264 EDGAR
- Jun 30, 20264 EDGAR
- Jun 29, 2026144 EDGAR
The 313 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
42 open-market trades by officers, directors and large owners since October 2021: 1 buys and 41 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Jul 16, 2026 | Warmuth MarkusPresident & CEO | Sale | 9,500 | $23.18 | $220.2K | Form 4 |
| Jul 15, 2026 | Champoux JenniferChief Operating Officer | Sale | 4,351 | $23.38 | $101.7K | Form 4 |
| Jul 6, 2026 | Townson SharonChief Scientific Officer | Sale | 6,000 | $23.31 | $139.9K | Form 4 |
| Jun 30, 2026 | Janku FilipChief Medical Officer | Sale | 5,407 | $24.50 | $132.5K | Form 4 |
| Jun 29, 2026 | Janku FilipChief Medical Officer | Sale | 6,000 | $22.95 | $137.7K | Form 4 |
| Jun 29, 2026 | Manning Anthony M.Director | Sale | 10,000 | $23.11 | $231.1K | Form 4 |
| Jun 24, 2026 | Janku FilipChief Medical Officer | Sale | 30,000 | $21.42 | $642.6K | Form 4 |
| Jun 23, 2026 | Janku FilipChief Medical Officer | Sale | 11,845 | $20.22 | $239.5K | Form 4 |
| Jun 23, 2026 | Townson SharonChief Scientific Officer | Sale | 3,000 | $20.00 | $60.0K | Form 4 |
| Jun 23, 2026 | Champoux JenniferChief Operating Officer | Sale | 2,175 | $20.00 | $43.5K | Form 4 |
| Jun 17, 2026 | Champoux JenniferChief Operating Officer | Sale | 2,176 | $19.00 | $41.3K | Form 4 |
| Jun 17, 2026 | Townson SharonChief Scientific Officer | Sale | 3,000 | $19.00 | $57.0K | Form 4 |
| Jun 1, 2026 | Warmuth MarkusPresident & CEO | Sale | 5,466 | $19.44 | $106.2K | Form 4 |
| May 29, 2026 | Townson SharonChief Scientific Officer | Sale | 6,000 | $19.87 | $119.2K | Form 4 |
| May 27, 2026 | Champoux JenniferChief Operating Officer | Sale | 2,175 | $20.00 | $43.5K | Form 4 |
| May 22, 2026 | Champoux JenniferChief Operating Officer | Sale | 2,176 | $19.00 | $41.3K | Form 4 |
| May 21, 2026 | Manning Anthony M.Director | Sale | 10,000 | $18.01 | $180.1K | Form 4 |
| May 1, 2026 | Warmuth MarkusPresident & CEO | Sale | 5,467 | $18.92 | $103.4K | Form 4 |
| Apr 14, 2026 | Warmuth MarkusPresident & CEO | Sale | 8,000 | $17.64 | $141.1K | Form 4 |
| Apr 9, 2026 | Nickson PhilipChief Business & Legal Officer | Sale | 5,845 | $17.69 | $103.4K | Form 4 |
All 42 trades can be filtered by person here when JavaScript is on.
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- MONTANOVA CAPITAL, LLCSCHEDULE 13G/A, 2 filings Apr 16, 2025 to Aug 14, 202635
- Vestal Point Capital, LPSCHEDULE 13G, 1 filing Aug 14, 202636
- PRICE T ROWE ASSOCIATES INC /MD/SCHEDULE 13G/A, 8 filings Feb 10, 2022 to Jul 8, 202637
- New Enterprise Associates 17, L.P.SCHEDULE 13D/A, 4 filings May 13, 2024 to Jul 6, 202638
- BAKER BROS. ADVISORS LPSCHEDULE 13G/A, 3 filings Feb 14, 2024 to May 15, 202639
- BIOTECHNOLOGY VALUE FUND L PSCHEDULE 13G/A, 4 filings Jan 31, 2025 to May 15, 202640
- TCG Crossover GP II, LLCSCHEDULE 13G/A, 2 filings Oct 17, 2025 to May 15, 202641
- Dimension Capital I, L.P.SCHEDULE 13G/A, 3 filings Oct 3, 2025 to Apr 22, 202642
- Versant Venture Capital VI, L.P.SCHEDULE 13D/A, 6 filings Nov 9, 2023 to Jan 9, 202643
- Avoro Capital Advisors LLCSCHEDULE 13G/A, 6 filings Feb 11, 2022 to Nov 14, 202544
- VANGUARD GROUP INCSCHEDULE 13G/A, 2 filings Jan 30, 2025 to Oct 31, 202545
- FMR LLCSCHEDULE 13G/A, 5 filings Feb 9, 2022 to Jun 6, 202546
- BlackRockSCHEDULE 13G, 1 filing Feb 4, 202547
- Cormorant Asset Management, LPSC 13G/A, 3 filings Feb 14, 2022 to Feb 14, 202448
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| NEA Management Company, LLC | 7,692,298 | $186.2M | 11.7% | No change |
| BlackRock, Inc. | 6,843,087 | $165.6M | 0.0% | +1,205,403 |
| TCG Crossover Management, LLC | 4,622,151 | $111.9M | 2.7% | No change |
| Vestal Point Capital, LP | 4,600,000 | $111.3M | 2.6% | +996,535 |
| Bvf Inc/il | 4,460,886 | $108.0M | 2.8% | No change |
| Baker Bros. Advisors LP | 4,345,736 | $105.2M | 0.5% | No change |
| State Street Corp | 3,731,416 | $90.3M | 0.0% | +377,436 |
| Montanova Capital, LLC | 3,549,539 | $85.9M | 1.8% | −677,270 |
| Vanguard Capital Management LLC | 3,412,927 | $82.6M | 0.0% | +312,682 |
| Versant Venture Management, LLC | 3,180,780 | $77.0M | 47.3% | No change |
| Braidwell LP | 2,451,562 | $59.3M | 2.3% | −755,012 |
| Geode Capital Management, LLC | 1,864,113 | $45.1M | 0.0% | +323,301 |
| American Century Companies Inc | 1,622,846 | $39.3M | 0.0% | −1,186,801 |
| Marshall Wace, Llp | 1,593,600 | $38.6M | 0.0% | +160,448 |
| Aisling Capital Management LP | 1,555,664 | $37.6M | 8.0% | No change |
| Nantahala Capital Management, LLC | 1,303,986 | $31.6M | 1.0% | +651,993 |
| Bellevue Group AG | 1,190,000 | $28.8M | 0.6% | −60,000 |
| Dimensional Fund Advisors LP | 1,177,488 | $28.5M | 0.0% | +136,116 |
| Mpm Bioimpact LLC | 1,161,081 | $28.1M | 1.7% | −15,847 |
| Silverarc Capital Management, LLC | 1,108,295 | $26.8M | 3.0% | −893,745 |
| Jupiter Topco LLC | 1,072,494 | $26.0M | 0.0% | New |
| Frazier Life Sciences Management, L.P. | 1,000,000 | $24.2M | 0.5% | No change |
| Goldman Sachs Group Inc | 998,253 | $24.2M | 0.0% | −3,274 |
| Woodline Partners LP | 962,884 | $23.3M | 0.1% | +888,388 |
| Fmr LLC | 934,414 | $22.6M | 0.0% | −89,890 |
13F reports cover disclosed long positions in U.S. stocks only.
Links
- Websitewww.monterosatx.com1
- WikidataQ115011580
- SEC EDGARCIK 1826457
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARFilip Janku, Chief Medical Officer
- 19SEC EDGARJohn C. Castle, Chief Data Scientist
- 20SEC EDGARMarkus Warmuth, Officer
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- 24SEC EDGAREric A. Hughes, Board member
- 25SEC EDGARJan Skvarka, Board member
- 26SEC EDGARAnthony M. Manning, Board member
- 27SEC EDGARAlexander Mayweg, Board member
- 28SEC EDGARAli Behbahani, Board member
- 29SEC EDGARAndrew N. Schiff, Board member
- 30SEC EDGARBihua Chen, Board member
- 31SEC EDGARBradley J. Bolzon Phd., Board member
- 32SEC EDGARChandra P. Leo, Board member
- 33SEC EDGARKimberly Blackwell, Board member
- 34SEC EDGARPhilip Nickson, General counsel
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