Date : 24 April 2026

| Company | Headquarters | Latest Update |
| Kymera Therapeutics | United States | In April 2026, Kymera Therapeutics, Inc. announced that Gilead Sciences, Inc. had exercised its option to exclusively license KT-200, a first-in-class, oral CDK2 molecular glue degrader development candidate discovered and characterized by Kymera, under their strategic collaboration agreement. |
| Nurix Therapeutics | United States | In January 2025, Nurix Therapeutics, Inc., a clinical-stage biopharmaceutical company focused on the discovery, advancement, and commercialization of targeted protein degradation medicines, the next frontier in innovative drug design aimed at improving treatment choice for patients with cancer and inflammatory diseases, outlined significant objectives and anticipated milestones. |
| Monte Rosa Therapeutics | United States | In March 2026, Monte Rosa Therapeutics, Inc., a clinical-stage biotechnology company developing new molecular glue degrader (MGD)-based medicines, reported business highlights. |
| C4 Therapeutics | United States | In March 2026, C4 Therapeutics announced a partnership with Merck KGaA to develop targeted protein degraders for oncogenic proteins. |
| Bristol Myers Squibb | New Jersey | In March 2026, Evotec received a $10 million milestone payment from Bristol Myers Squibb following the initiation of a Phase 1 clinical study evaluating BMS. |
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The global induced proximity molecules market size was estimated at USD 4.2 billion in 2025 and is predicted to increase from USD 4.99 billion in 2026 to approximately USD 23.32 billion by 2035, expanding at a CAGR of 18.7% from 2026 to 2035. The induced proximity molecules market is growing because these molecules have the strength to unlock a wide portion of the disease targets that were once thought inaccessible.

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