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Mergers & Acquisitions

Chroma Medicine, Nvelop Therapeutics merge to form nChroma Bio

by Sarah Braner
December 20, 2024 | A version of this story appeared in Volume 102, Issue 39

 

Chroma Medicine and Nvelop Therapeutics have merged to form nChroma Bio. nChroma will develop Chroma’s epigenetic editing platform and Nvelop’s viruslike delivery platform. The new firm has raised $75 million and says that those funds, along with funding from both predecessor companies, will finance multiple years of operation. nChroma’s lead drug candidate—CRMA-1001, for chronic hepatitis B and D coinfection—has not yet reached clinical trials.

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