Monte Rosa Therapeutics Announces FDA Clearance of IND Application for MRT-8102, a NEK7-Directed Molecular Glue Degrader for the Treatment of Multiple Inflammatory Diseases
Potency, selectivity, and long-lasting pharmacodynamics of MRT-8102 observed in preclinical studies create potential for clinical differentiation from competitive approaches for inflammatory diseases
MRT-8102 Phase 1 clinical results, including data on safety, pharmacokinetics, NEK7 protein degradation, and key downstream pharmacodynamic markers, expected in H1 2026
BOSTON, June 10, 2025 (GLOBE NEWSWIRE) -- Monte Rosa Therapeutics, Inc. (Nasdaq: GLUE), a clinical-stage biotechnology company developing novel molecular glue degrader (MGD)-based medicines, today announced U.S. Food and Drug Administration (FDA) clearance of an Investigational New Drug (IND) application for MRT-8102, a NEK7-directed MGD being developed for the treatment of inflammatory diseases driven by the NLRP3 inflammasome and IL-1β. The Company plans to initiate a Phase 1 study of MRT-8102 in the coming weeks and anticipates sharing initial results in H1 2026.
'The IND clearance of MRT-8102 is another important milestone in our quest to broadly establish MGDs as a modality in immunology and inflammatory (I&I) indications. MRT-8102, following on the heels of our VAV1-directed MGD MRT-6160, is our second IND specifically for I&I indications, and represents the only clinical-stage MGD that selectively targets NEK7, with potential to address multiple inflammatory diseases, including cardio-immunology, rheumatology, and respiratory indications,' said Markus Warmuth, M.D., Chief Executive Officer of Monte Rosa Therapeutics. 'We believe MRT-8102 could provide a highly differentiated clinical profile compared to IL-1 antibodies and NLRP3 inhibitors in development based on its potency, selectivity, and long-lasting pharmacodynamics. We look forward to initiating a Phase 1 healthy volunteer study in the coming weeks, with clinical results expected in H1 2026, including data on safety, pharmacokinetics, NEK7 protein degradation, and downstream pharmacodynamic markers. As part of the Phase 1 study, we plan to establish initial proof-of-concept (POC) for cardio-immunology indications by evaluating changes in C-reactive protein (CRP) and other key inflammatory markers in a cohort of subjects with high CRP levels.'
Monte Rosa believes its preclinical studies support MRT-8102's potential to address multiple inflammatory diseases driven by the NLRP3 inflammasome, IL-1β and IL-6. MRT-8102 has demonstrated nanomolar-level degradation of NEK7 in vitro with no off-target activity observed, including related NEK family proteins. In non-human primates (NHPs), oral administration of MRT-8102 resulted in near-complete inhibition of downstream inflammatory markers in ex vivo stimulation assays, as well as improvements in pathological measures in inflammatory disease models. Furthermore, in a rabbit gout model, daily oral dosing of MRT-8102 was observed to reduce pathogenic effects, including a reduction in joint swelling and histopathology scores. Preclinical GLP toxicology studies suggest a considerable safety margin for MRT-8102, with a greater than 200-fold exposure margin over the projected human efficacious dose in both rats and NHPs.
In addition to MRT-8102, Monte Rosa is also working to advance a second-generation NEK7 program with enhanced CNS penetration with an IND submission expected in 2026. Monte Rosa retains full worldwide rights to MRT-8102 and its second-generation CNS-optimized NEK7 MGDs.
About MRT-8102MRT-8102 is a potent, highly selective, and orally bioavailable investigational molecular glue degrader (MGD) that targets NEK7 for the treatment of inflammatory diseases linked to NLRP3, IL-1β, and IL-6 dysregulation. NEK7 has been shown to be required for NLRP3 inflammasome assembly, activation and IL-1β release both in vitro and in vivo. Aberrant NLRP3 inflammasome activation and the subsequent release of active IL-1β and interleukin-18 (IL-18) has been implicated in multiple inflammatory disorders, including cardiovascular disease, gout, osteoarthritis, neurologic disorders including Parkinson's disease and Alzheimer's disease, and metabolic disorders. In a non-human primate model, MRT-8102 was shown to potently, selectively, and durably degrade NEK7, and resulted in near-complete reductions of IL-1β and caspase-1 following ex vivo stimulation of whole blood. MRT-8102 has demonstrated a considerable safety margin (>200-fold exposure margin over projected human efficacious dose) in GLP toxicology studies.
About Monte RosaMonte Rosa Therapeutics is a clinical-stage biotechnology company developing highly selective molecular glue degrader (MGD) medicines for patients living with serious diseases in the areas of oncology, autoimmune and inflammatory diseases, and more. MGDs are small molecule protein degraders that have the potential to treat many diseases that other modalities, including other degraders, cannot. Monte Rosa's QuEEN™ (Quantitative and Engineered Elimination of Neosubstrates) discovery engine combines AI-guided chemistry, diverse chemical libraries, structural biology, and proteomics to rationally design MGDs with unprecedented selectivity. Monte Rosa has developed the industry's leading pipeline of MGDs, which spans autoimmune and inflammatory diseases, oncology, and beyond. Monte Rosa has a global license agreement with Novartis to advance VAV1-directed molecular glue degraders and a strategic collaboration with Roche to discover and develop MGDs against targets in cancer and neurological diseases previously considered impossible to drug. For more information, visit www.monterosatx.com.
Forward-Looking Statements This communication includes express and implied 'forward-looking statements,' including forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements that are not historical facts and in some cases, can be identified by terms such as 'may,' 'might,' 'will,' 'could,' 'would,' 'should,' 'expect,' 'intend,' 'plan,' 'objective,' 'anticipate,' 'believe,' 'estimate,' 'predict,' 'potential,' 'continue,' 'ongoing,' or the negative of these terms, or other comparable terminology intended to identify statements about the future. Forward-looking statements contained herein include, but are not limited to, statements about our ability to grow our product pipeline, our ability to successfully complete research and further development and commercialization of our drug candidates in current or future indications, including the timing and results of our clinical trials and our ability to conduct and complete clinical trials, statements regarding our progress and speed of development of only-in-class and first-in-class molecular glue degrader therapeutics, statements around the Company's QuEEN™ discovery engine and the Company's view of its potential to rationally design MGDs with unprecedented selectivity, statements about the advancement and timeline of our preclinical and clinical programs, pipeline and the various products therein, including the ongoing development and progress of our NEK7-directed MGD, referred to as MRT-8102, our plans to initiate a Phase 1 study of MRT-8102 in the coming weeks and our expectations for the design and advancement of such Phase 1 study, including updates related to status, safety data, pharmacokinetics, NEK7 protein degradation, and key downstream pharmacodynamic markers and timing of data read-outs, including the planned readout in the first half of 2026, the Company's statements around the potential of MRT-8102 to address multiple inflammatory diseases driven by the NLRP3 inflammasome, IL-1β and IL-6, including cardio-immunology, rheumatology, and respiratory indications and the Company's belief that MRT-8102 could provide a highly differentiated clinical profile compared to IL-1 antibodies and NLRP3 inhibitors in development based on its potency, selectivity, and long-lasting pharmacodynamics, statements relating to MRT-8102's safety margin, as well as statements around the advancement and timeline of a second-generation NEK7 program and expectations to submit an IND to the FDA in 2026, the expected potential clinical benefit of any of our candidates, advancement and application of our platform, statements around our ability to capitalize on and potential benefits resulting from our research and translational insights, including announcements related to preclinical programs, statements regarding regulatory filings for our development programs, including the planned timing of such regulatory filings, such as IND applications, and potential review by regulatory authorities, as well as our expectations of success for our programs, among others. By their nature, these statements are subject to numerous risks and uncertainties, including those risks and uncertainties set forth in our most recent Annual Report on Form 10-K for the year ended December 31, 2024, filed with the U.S. Securities and Exchange Commission on March 20, 2025, and any subsequent filings, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the statements. You should not rely upon forward-looking statements as predictions of future events. Although our management believes that the expectations reflected in our statements are reasonable, we cannot guarantee that the future results, performance, or events and circumstances described in the forward-looking statements will be achieved or occur. Recipients are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date such statements are made and should not be construed as statements of fact. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, any future presentations, or otherwise, except as required by applicable law. Certain information contained in these materials and any statements made orally during any presentation of these materials that relate to the materials or are based on studies, publications, surveys and other data obtained from third-party sources and our own internal estimates and research. While we believe these third-party studies, publications, surveys and other data to be reliable as of the date of these materials, we have not independently verified, and make no representations as to the adequacy, fairness, accuracy or completeness of, any information obtained from third-party sources. In addition, no independent source has evaluated the reasonableness or accuracy of our internal estimates or research and no reliance should be made on any information or statements made in these materials relating to or based on such internal estimates and research.
InvestorsAndrew Funderburkir@monterosatx.com
MediaCory Tromblee, Scient PRmedia@monterosatx.com
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Forbes
a few seconds ago
- Forbes
CoreWeave Or Circle? Picking The Top New Growth Stock For Your Portfolio
Two IPOs with the most explosive growth of 2025, CoreWeave and Circle, have seen their stock prices more than double due to the opportunities they're capitalizing on in the AI and finance industries. CoreWeave offers AI infrastructure to notable clients like OpenAI and Microsoft, while Circle is transforming payments for legacy financial businesses with dollar-pegged stablecoins. In this article, you'll learn about both firms' offerings and expanding services, the financials undergirding both businesses and the risks and opportunities of both stocks to help you make an informed decision of which growth stock is right for you. CoreWeave Explained Coreweave (NASDAQ: CRWV) is an AI cloud company which provides high-performance computing and other AI infrastructure to leading AI companies like OpenAI, Microsoft and IBM. The firm operates data centers for these companies and has access to Nvidia's leading chips like the H100 and GB200. With large expansions like a $6 billion investment in an AI data center in Pennsylvania and the acquisition of Core Scientific to add more infrastructure power capacity for the rising demand for AI. CoreWeave's growth is dependent on their high levels of debt and recent issuance of more debt to further take advantage of AI's expansion. CoreWeave's bet has paid off as its revenue has risen 420% year over year through the success of its offerings, new partnerships and expansion. While still unprofitable, CoreWeave's revenue continues to rise and its position as a core computing provider for leading AI firms makes it a compelling growth investment if you believe in the continued growth of AI and the success of CoreWeave's customers. Understanding Circle Circle (NYSE: CRCL) is a payments technology company which issues the U.S. Dollar Coin (USDC) which is the second largest stablecoin in the world with a circulating supply of almost $64 billion, as well as Euro Coin (EURC). USDC is pegged to the U.S. dollar just as EURC is pegged to the Euro, allowing for fast settlement and 24/7 availability for digital payments. Since Circle's IPO in June 2025, the company's stock has risen from $31 to $183.65, as of July 29th, 2025, bolstered by bullishness on the company's offerings and the new GENIUS Act which provides better guidelines for businesses adoption and interaction with stablecoins. Beyond its issuance of stablecoins, Circle has other offerings including Circle Mint, which makes it easy for businesses to convert U.S. dollars and euros into USDC and EURC and utilize stablecoin rails for foreign exchange, manage cross-border payments and more. Circle continues to roll out new products like digital wallet infrastructure to businesses and its application to launch a national trust bank to offer digital asset services to institutions. Financial Performance In addition to being focused on two different industries: AI and cryptocurrency, CoreWeave and Circle differ in their financial foundation as well. CoreWeave is a growth-oriented company utilizing debt to scale its GPU-based cloud empire while Circle is a profitable company with multiple revenue channels like interest income and APIs. Since its IPO on March 28th, 2025, CoreWeave's stock is up 192.6% from an open of $38.50 to $114.13 as of July 31, 2025. Its market capitalization stands at $52.354 billion and its price-to-sales ratio (P/S) is around 17.4x, highlighting investor confidence in growth expectations. CoreWeave's growth is capital intensive and it continues to raise and borrow billions in new capital to expand its data centers, chip holdings and infrastructure. Since its IPO on June 5th, 2025, Circle's stock is up 492.4% from an open of $31 to $183.65 as of July 31, 2025. Its market capitalization stands at $44.98 billion, and its P/S ratio is around 26.3x. Circle's price-to-earnings ratio (P/E) is around 248.8x, highlighting that investors expect future profitability and dominance in the stablecoin space. Comparing Growth Drivers And Catalysts CoreWeave is capitalizing on the need for cloud infrastructure given the massive demand and opportunity from generative AI. Its $11.9 billion contract with OpenAI demonstrates its utility in the space especially with some of the leading AI companies and investments from Nvidia highlight CoreWeave will have cutting edge technology to power its expansion. CoreWeave is also expanding further into Europe with deployments in Norway, on top of the data centers it launched in continental Europe in 2024. Circle's growth is driven by new developments in financial infrastructure and new partnerships with leading financial providers like Stripe and Visa. With over $32 billion of USDC in circulation and a compliant process for pegging its stablecoin to the U.S. dollar, Circle is a standard bearer in the industry. Circle's new products are fueled by interest income from its dollar reserves and earnings from USDC transactions. Like CoreWeave, Circle is expanding into Europe further with its euro coin stablecoin EURC which is similarly compliant with the EU's financial regulations. Risks And Challenges To Consider One of CoreWeave's greatest challenges is how capital intensive its operations and expansions are, including expanding data centers, purchasing new GPUs and fulfilling its contracts. While unlikely, if demand for generative AI slips or one of their customers ends a contract, CoreWeave could face challenges to its business. In addition, losing access to the latest Nvidia chips or losing additional leverage in the space could affect CoreWeave's cash flow and operations. Most of Circle's risks are tied to regulatory risk despite its full compliance with the new rules laid out in the GENIUS act, which led to the recognition of Circle as a regulated financial entity. Despite this windfall for Circle, additional risks include regulators passing new guidelines for stablecoins, setting a limit on how much yield stablecoin issuers can collect or challenging how Circle maintains its reserves. Other challenges include a loss of reputation if the stablecoin de-pegs amid crypto selloffs or competitive risk from other existing or new stablecoin providers like PayPal or a coalition of banks. Analyst Sentiments According to Yahoo Finance, the majority of analysts consider CoreWeave a hold based on 22 ratings with a price target of $100.91, down from its current price of $108.74. Analysts have mixed expectations for CoreWeave with HSBC considering the stock a sell based on a majority of its revenue coming from Microsoft and debt levels, while Barclays raised its targets but maintained a hold rating based on AI's growing demand. According to Yahoo Finance, 15 analysts are mixed in their analysis between a buy and hold rating for Circle. The average price target is $194.74 which is higher than its current stock price of $181.64. Needham rated Circle as a buy citing regulatory clarity and increased payments volume while Compass Point downgraded the stock to sell over increased competition after the passing of the GENIUS act. Is CoreWeave Or Circle The Better Growth Stock Pick? Choosing between CoreWeave or Circle will depend on your portfolio construction, your investing goals, and whether you're more bullish on crypto or AI infrastructure. CoreWeave is the right pick if you don't mind the company's unprofitability and believe long term it will continue to grow with more and larger contracts, successful international expansion and will benefit from its access to Nvidia chips. Risk lurks from its debt levels, the risk of execution failure and its dependence on its current customer stack. Investing in Circle is a play based on its continued dominance in the stablecoin base based on regulatory alignment and existing and developing partnerships with key financial players. It's a highly compliant company, but new competitors can emerge and new regulatory risks can arrive if lawmakers seek to issue new rules which could undermine its interest income. CoreWeave is one of the best stocks of 2025 for growth-oriented investors who believe in AI infrastructure pioneered by the firm, while Circle is a better pick for investors who believe Circle will be the continued leader in U.S. stablecoin infrastructure. Bottom Line Both CoreWeave and Circle are innovative, public companies offering investors upside in massive, innovative industries by providing critical infrastructure with leading incumbents in their respective spaces. CoreWeave offers capital-intensive exposure to AI with high revenue growth, while Circle is a profitable, efficient firm dominating the U.S. stablecoin market while remaining compliant. Ultimately, your decision should be based on whether you're more interested to invest in AI or blockchain infrastructure; a more volatile or more stable growth stock; and which stock you think has better financials and partnerships to see success through a transformative period in American business history.
Yahoo
28 minutes ago
- Yahoo
Sirius XM Holdings Inc. (SIRI) Finalizes Multi-Year Agreement with Morbid; Morgan Stanley Raises PT
With a low price-to-earnings multiple and a significant presence in Warren Buffett's investment portfolio, Sirius XM Holdings Inc. (NASDAQ:SIRI) earns a spot on our list of the . The corporate headquarters of a satellite radio systems company, illuminating the skyline. Citing a stable ad and auto outlook that reduces short-term cyclical risk, Morgan Stanley, on July 16, 2025, raised its price target on Sirius XM Holdings Inc. (NASDAQ:SIRI) from $21 to $22. The investment firm maintained an 'Underweight' rating. However, the analyst believes that more compelling opportunities exist elsewhere within the telecom and cable markets. Furthermore, Morgan Stanley expressed caution about the persistent secular pressures and the unchanged path to deleveraging. Meanwhile, two weeks later, on July 30, Sirius XM Holdings Inc. (NASDAQ:SIRI) finalized a multi-year agreement with 'Morbid,' a popular true crime podcast. SIRI is set to join its industry-leading Podcast Network on September 1, 2025. Morbid's popularity has risen substantially within the true crime genre. With this deal, Sirius XM Holdings Inc. (NASDAQ:SIRI) has acquired exclusive distribution and ad sales rights for the podcast's video and audio versions, strengthening its top-tier podcast portfolio. Previously, on July 23, 2025, Sirius XM Holdings Inc. (NASDAQ:SIRI) declared a quarterly dividend of $0.27 per share, which is payable on August 27, 2025. Sirius XM Holdings Inc. (NASDAQ:SIRI), a satellite radio company, offers entertainment, news, sports, and music content in North America. It is included in our list of cheap value stocks to buy. While we acknowledge the potential of SIRI as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.
Yahoo
28 minutes ago
- Yahoo
The Kraft Heinz Company (KHC) Releases Q2 2025 Results
With a low price-to-earnings multiple and a significant presence in Warren Buffett's investment portfolio, The Kraft Heinz Company (NASDAQ:KHC) earns a spot on our list of the . Photo Credit: Roland Balik/USAF/Creative Commons The Kraft Heinz Company (NASDAQ:KHC) released its Q2 2025 results on July 30, 2025. The company reported net sales of $6.4 billion, a 1.9% decline. Likewise, organic net sales also decreased by 2% due to weaker performance of the cold cuts, coffee, and frozen snacks segments. Furthermore, non-cash impairment losses of $9.3 billion resulted in operating income of $8 billion. Meanwhile, adjusted operating income reached $1.3 billion, a 7.5% decrease. Despite the decline in sales and profitability, The Kraft Heinz Company (NASDAQ:KHC) reported a 28.5% YoY increase in its free cash flow, raising it to $1.5 billion. Looking ahead, the company confirmed its FY 2025 guidance. While KHC expects its organic net sales and adjusted operating income to fall, it forecasts a solid outlook for adjusted EPS in the range of $2.51 to $2.67. Maintaining its commitment to shareholder returns, The Kraft Heinz Company (NASDAQ:KHC), on July 30, 2025, declared a quarterly dividend of $0.40 per share, which is payable on September 26, 2025. The Kraft Heinz Company (NASDAQ:KHC), a global food and beverage leader, offers a diverse range of products. It is included in our list of cheap value stocks to buy. While we acknowledge the potential of KHC as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None.