| Founded | 2019 |
|---|---|
| Closed | 2024 |
| Country | USA |
| Sector | Biotech |
| Total raised | 250 |
| Collapse type | Slow Death |
| Founder | Gary Romano |
Passage Bio
"Penn Medicine gene therapy spin-out — IPO at $18, fell to $0.50 after trial failures"
Years-long decline before final shutdown
Key Events Timeline
Passage Bio spun out of the University of Pennsylvania with deep gene therapy expertise and a portfolio of CNS diseases — GM1 gangliosidosis, Krabbe disease, frontotemporal dementia.
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