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Passage Bio Terminates Lease Agreement with Hopewell Campus Owner LLC

Mar 10, 2026

Contract Type

lease_termination

United StatesBiotechnologyHealthcareHealth CareGeneticsTherapeutics

Description

On March 4, 2026, Passage Bio, Inc. and Hopewell Campus Owner LLC finalized a lease termination agreement concerning the Hopewell Lease. The agreement stipulates a termination fee of approximately $4.8 million, including accrued rent until February 14, 2026. The original lease covered about 62,000 square feet of laboratory space

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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