Q32 Bio raises new money and goes public via reverse merger

20 November 2023

A reverse merger will see two Massachusetts, USA-based companies, Q32 Bio and Homology Medicines (Nasdaq: FIXX), joining forces to focus on the former’s autoimmune and inflammatory disease candidates.

Q32 Bio is a clinical stage biotech company, working on biologic therapeutics to restore immune homeostasis.

At the same time as the merger, the company has entered into an agreement for a $42 million private placement with participation from existing and new investors.

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