Monte Rosa Therapeutics and Novartis Ink $5.7 Billion Collaboration for Novel Degraders in Immune-mediated Diseases
Monte Rosa Therapeutics Inc. has announced a new collaboration with Novartis to develop degraders for treating immune-mediated diseases. Under the agreement, Novartis will receive an exclusive license to an undisclosed discovery target and options to license two programs from Monte Rosa's preclinical immunology portfolio. Monte Rosa is set to receive an upfront payment of $120 million, with the potential to earn up to $5.7 billion, including option maintenance, milestone payments, and tiered royalties on global net sales. This collaboration aims to leverage Monte Rosa's QuEEN™ platform to advance targeted protein degradation therapies.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Monte Rosa Therapeutics Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9528656-en) on September 15, 2025, and is solely responsible for the information contained therein.
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