Tag Archives: Monte

Monte Rosa’s Stock (GLUE) Skyrockets on $5.7B Deal with Novartis

September 15, 2025 0

Monte Rosa’s Stock (GLUE) Skyrockets on .7B Deal with Novartis

Swiss giant drug producer Novartis (NVS) has found a new destination for its recent partnership spree. On Monday, Monte Rosa Therapeutics (GLUE), a Massachusetts-based biotech company, disclosed its second deal with Novartis, with Monte’s shares exploding over 50% in early trading to more than $7. Elevate Your Investing Strategy: Take advantage of TipRanks Premium at 50% off! Unlock powerful investing …

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Novartis signs up to $5.7 billion licensing deal with Monte Rosa Therapeutics

September 15, 2025 0

Novartis signs up to .7 billion licensing deal with Monte Rosa Therapeutics

(Reuters) – Swiss drugmaker Novartis and drug developer Monte Rosa Therapeutics signed a licensing deal worth up to $5.7 billion on Monday to develop drugs for immune-mediated diseases. Under the agreement, Monte Rosa will receive an upfront payment of $120 million and could earn milestone payments and royalties that lift the total value to as much as $5.7 billion. Shares …

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