BRIEF-Monte Rosa Therapeutics Announces Global License Pact With Novartis To Advance T And B Cell-Modulating Vav1-Directed Molecular Glue Degraders

Reuters

2024-10-28

Oct 28 (Reuters) - Monte Rosa Therapeutics Inc :

* MONTE ROSA THERAPEUTICS: GLOBAL LICENSE PACT WITH NOVARTIS TO ADVANCE T AND B CELL-MODULATING VAV1-DIRECTED MOLECULAR GLUE DEGRADERS

* MONTE ROSA THERAPEUTICS: CO TO GET UP-FRONT PAYMENT OF $150 MILLION & ELIGIBLE TO GET MILESTONE PAYMENTS

* MONTE ROSA THERAPEUTICS: NOVARTIS TO OBTAIN WORLDWIDE RIGHTS TO DEVELOP, MANUFACTURE & COMMERCIALIZE MRT-6160 AND OTHER VAV1 MGDS

((Reuters.Briefs@thomsonreuters.com))

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