Novelion Therapeutics

company

About

Novelion Therapeutics Inc, formerly QLT Inc., is a Canada-based biopharmaceutical company

  • 251 - 500

Details

Last Funding Type
Post-IPO Debt
Last Funding Money Raised
$50M
Industries
Biopharma,Biotechnology,Therapeutics
Founded date
Jan 1, 1981
Number Of Employee
251 - 500
Operating Status
Active

Novelion Therapeutics Inc, formerly QLT Inc., is a Canada-based biopharmaceutical company. The Company is engaged in development of new standards of care for individuals living with rare diseases. The Company is focused on advancing its portfolio of rare disease therapies by investing in science and clinical development. The Company holds a portfolio of products through its subsidiary, Aegerion Pharmaceuticals, Inc., a biopharmaceutical company dedicated to the development and commercialization of innovative therapies for patients with debilitating rare diseases. The Company's portfolio of products include MYALEPT and JUXTAPID. The Company is also developing zuretinol acetate for the treatment of inherited retinal disease caused by underlying mutations in RPE65 or LRAT genes.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
1
$50M
Novelion Therapeutics has raised a total of $50M in funding over 2 rounds. Their latest funding was raised on Aug 25, 2021 from a Post-IPO Debt round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Aug 25, 2021 Post-IPO Debt $50M 1 Hercules Capital Detail

Investors

Number of Lead Investors
Number of Investors
1
1
Novelion Therapeutics is funded by 1 investors. Hercules Capital are the most recent investors.
Investor Name Lead Investor Funding Round
Hercules Capital Yes Post-IPO Debt