Last deal

$1.77M
Local Amount - CAD 2.4M

Amount

Post-IPO Equity

Stage

16.07.2020

Date

3

all rounds

$149.57M

Total amount

date founded

Financing round

General

About Company
Liminal BioSciences discovers and develops treatments for fibrosis-related diseases.

Industry

Sector :

Subsector :

Keywords :

Also Known As

ProMetic Life Sciences

founded date

01.01.1992

Number of employees

Company Type

For Profit

Last funding type

Post-IPO Equity

IPO status

Private

Description

Liminal BioSciences, founded in 1994 and headquartered in Laval, Canada, specializes in the discovery, development, and commercialization of small molecule compounds for respiratory, liver, and renal diseases. They are particularly focused on rare and orphan diseases. Additionally, the company operates on an integrated basis from talent hubs in Laval, Quebec, Canada, and Cambridge, UK. Through their business unit called Prometic, Liminal BioSciences also utilizes bioseparation technologies to isolate and purify biopharmaceuticals derived from human plasma. Their common shares are listed on the Nasdaq Global Market.
Contacts

Contact Email

Phone number

Social url

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M&A Details
1

Acquired by

Structured Alpha

announced date

12.07.2023

Financials

Funding Rounds
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3

Number of Funding Rounds

$149.57M

Money Raised

Their latest funding was raised on 16.07.2020. Their latest investor Genesys Partners. Their latest round Post-IPO Equity

Date 
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Investors 
Money Raised 
Lead 
16.07.2020
2
$1.77M
Local Amount - CAD 2.4M
24.06.2019
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Co-Investors
Investors
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Acquisitions
3

Fairhaven Pharmaceuticals acquired by Liminal BioSciences

acquirer

Liminal BioSciences
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date

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type

Acquisition

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$8M

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Telesta Therapeutics acquired by Liminal BioSciences

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Pathogen Removal and Diagnostic Technologies acquired by Liminal BioSciences

acquirer

Liminal BioSciences
Liminal BioSciences

date

04.09.2008

type

Acquisition

Pathogen Removal and Diagnostic Technologies

Pathogen Removal and Diagnostic Technologies develops innovative products for detecting and removing pathogens.

Sector

Medical Equipment and Services

Subsector

Medical Supplies

Keywords

Biotechnology, Health Care, Medical Device

Location

Washington Cir NW, Washington, DC, USA

People

Founders
1

Pierre Laurin

Pierre Laurin is a senior executive with 28 years of experience in the pharmaceutical and biotechnology industry. Involved in the development of ProMetic’s platform technology since 1989, Pierre Laurin founded ProMetic Life Sciences Inc. in 1994. As Chairman until March, 2011 and President and CEO of the Corporation since its inception, he took the Corporation public on the Toronto Stock Exchange and has since raised over $450 million through equity and debt financing and multinational funding. Pierre Laurin corporate development achievements include the successful close of some 45 licensing agreements and joint venture agreements with multinationals including two strategic agreements with the American Red Cross. Pierre Laurin prior experience also includes positions with various pharmaceutical companies, including Nordic Laboratories (now Sanofi) where he played a pivotal role in the commercial success of Cardizem in Canada. Pierre Laurin holds a B.Sc. in Pharmacy and a Master degree in Pharmaceutical Sciences from the University of Montreal.

current job

Liminal BioSciences
Liminal BioSciences

organization founded

1

Pierre Laurin

Employee Profiles
14
Patrick Sartore

Patrick Sartore

President

Shrinal Digm

Communications and digital strategy manager

Neil Klompas

Director

Martin Leclerc

Chief talent officer

Eric Beresford

Director medical affairs - rare diseases

Bruce Pritchard

Bruce Pritchard

COO - International

Pierre Laurin

Founder, President and CEO

John Moran

Chief Medical Officer

Activity

Recent News
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