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Passage Bio to merge with Remix Therapeutics

PUBLIC · PASGJun 24, 20262 months ago

Acquiring Company

Passage Bio

Acquired Company

Remix Therapeutics

United StatesWatertownBiotechnologyHealthcareHealth CareGeneticsTherapeuticsBiotechnology

Description

Passage Bio and Remix Therapeutics have announced a definitive merger agreement to combine in an all-stock transaction. Post-merger, the combined entity will operate as Remix Therapeutics. This transaction aims to advance Remix's pipeline and is supported by a $100 million private placement financing to fund operations into 2028.

Company Information

Company

Passage Bio

Location

United States

About

Passage Bio, Inc. (NASDAQ: PASG) is a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Remix Therapeutics?

Remix Therapeutics was acquired by Passage Bio, based in United States. The deal was reported on June 24, 2026. Passage Bio, Inc. (NASDAQ: PASG) is a clinical-stage genetic medicines company focused on improving the lives of patients with neurodegenerative diseases. Passage Bio is publicly traded (PASG) and operates in Biotechnology.

When did Passage Bio acquire Remix Therapeutics?

Passage Bio's acquisition of Remix Therapeutics was reported on June 24, 2026. Passage Bio and Remix Therapeutics have announced a definitive merger agreement to combine in an all-stock transaction. Post-merger, the combined entity will operate as Remix Therapeutics. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Remix Therapeutics do?

Remix Therapeutics is a biotechnology company developing novel small molecule therapies designed to reprogram RNA processing and treat disease in entirely new ways. It is privately held, operating in Biotechnology, and is based in Watertown.

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