Skye Bioscience, Redx Pharma To Combine To Operate As Fibrx Therapeutics
Skye Bioscience (SKYE) and privately held Redx Pharma agreed to combine and form Fibrx Therapeutics, expected to trade on Nasdaq. The deal is slated to close in Q4 2026, led by Redx management. About $125M financing is planned. Lead asset RXC008 targets fibrotic Crohn’s, with Phase 2 topline expected H2 2028. SKYE trades at $0.54.




