M&A Deal Summary

Novelion Therapeutics Acquires QLT USA

On June 14, 2004, Novelion Therapeutics acquired medical products company QLT USA for 855M USD

Acquisition Highlights
  • This is Novelion Therapeutics’ 1st transaction in the Medical Products sector.
  • This is Novelion Therapeutics’ largest (disclosed) transaction.
  • This is Novelion Therapeutics’ 1st transaction in the United States.
  • This is Novelion Therapeutics’ 1st transaction in Colorado.

M&A Deal Summary

Date 2004-06-14
Target QLT USA
Sector Medical Products
Buyer(s) Novelion Therapeutics
Deal Type Add-on Acquisition
Deal Value 855M USD

Target

QLT USA

Fort Collins, Colorado, United States
website
QLT USA, Inc. (Formerly Atrix Laboratories, Inc.) is an emerging specialty pharmaceutical company focused on advanced drug delivery. With unique patented sustained release and topical technologies, Atrix is currently developing a diverse portfolio of proprietary products, including oncology and dermatology products. The company also partners with large pharmaceutical and biotechnology companies to apply its proprietary technologies to new chemical entities or to extend the patent life of existing products.

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Buyer(S) 1

Buyer

Novelion Therapeutics

Vancouver, British Columbia, United Kingdom

website


Category Company
Founded 1981
Sector Medical Products
Revenue 130M USD (2018)
DESCRIPTION

Novelion Therapeutics is a biotechnology company dedicated to the development and commercialization of innovative ocular products that address the unmet medical needs of patients and clinicians worldwide. We are focused on developing our synthetic retinoid program for the treatment of certain inherited retinal diseases. Novelion Therapeutics was founded in 1981 and is based in Vancouver, Canada.


DEAL STATS #
Overall 1 of 4
Sector (Medical Products) 1 of 2
Type (Add-on Acquisition) 1 of 1
State (Colorado) 1 of 1
Country (United States) 1 of 3
Year (2004) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-09 ForSight Newco II

Menlo Park, California, United States

ForSight Newco II, Inc. is a manufacture of medical products in US.

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