Monte Rosa data position MRT-8102 ‘favorably,’ says LifeSci Capital

After Monte Rosa announced an update with data from the placebo-controlled Phase 1 trial testing their NEK7-targeted molecular glue degrader, called MRT-8102, LifeSci Capital says that today’s initial data will continue to “strongly support investor interest” in the NEK7 MGD program. Given the importance of hsCRP reductions across a range of cardiovascular diseases, it’s “not a tremendous surprise to us that the stock is up pre-market,” adds the analyst, who has an Outperform rating and a “favorable view on today’s dataset.”