Generation Bio

Develops durable genetic treatments for diseases

Cambridge, Massachusetts, United States

About Generation Bio

Generation Bio focuses on developing genetic treatments for both rare and common diseases. Their main product is based on a non-viral genetic medicine platform that includes iqDNA, which is designed to be immune-quiet, and ctLNP, a delivery system that targets specific cells. This platform allows for the delivery of large amounts of genetic material to particular tissues, aiming for long-lasting effects from a single treatment. They use a unique manufacturing process called rapid enzymatic synthesis (RES) that enables them to produce these treatments at scale, potentially reaching hundreds of millions of doses. Unlike many competitors, Generation Bio's approach allows for redosing and adjusting treatment levels based on patient needs. The company's goal is to make genetic medicine more accessible and to address significant medical needs in the population.

Cambridge, MassachusettsHeadquarters
2016Year Founded
$252.9MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
51-200Employees

Risks

40% workforce reduction may impact innovation and project execution.
Lease termination could indicate potential legal or financial disputes.
Financial constraints might limit future R&D investments despite extended cash runway.

Differentiation

Generation Bio's iqDNA evades immune detection, unlike traditional viral vectors.
Their ctLNP system offers targeted delivery to specific tissues and cell types.
RES manufacturing process is scalable, supporting large-scale production of genetic medicines.

Upsides

Strategic reorganization extends cash runway into 2H 2027, supporting long-term R&D.
Partnership with Moderna highlights demand for non-viral delivery systems.
Focus on both rare and prevalent diseases expands market potential significantly.

Funding

Total raised$252.91 M
Latest valuation$550.00 M
StageIPO