Tome Biosciences Acquires Replace Therapeutics

January 5, 2024

Tome Biosciences has acquired Replace Therapeutics in a merger valued at $65 million in up-front and near-term milestones and up to $185 million total through a mix of cash and stock. Replace will become a wholly owned subsidiary of Tome, adding its ligase-mediated programmable genomic integration (L-PGI) technology to complement Tome's large-DNA integrase-mediated PGI platform to expand the company's gene‑editing capabilities.

Buyers
Tome Biosciences
Targets
Replace Therapeutics
Industry
Biotechnology
Location
California, United States
Transaction Type
Buyout

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