ADVANZ PHARMA

Vancouver, Canada Founded: 1986 • Age: 40 yrs Listed Acquired By Advanz Pharmaceutical
ADVANZ PHARMA is engaged in providing specialty and rare disease medicines.

About ADVANZ PHARMA

ADVANZ PHARMA is a Healthcare company based in Vancouver (Canada) founded in 1986, and was acquired by Advanz Pharmaceutical in March 2020. ADVANZ PHARMA is engaged in providing specialty and rare disease medicines. It operates on a Direct-to-Consumer (D2C) and B2B2C model. ADVANZ PHARMA has raised $40 million across 5 funding rounds from investors including Advanz Pharmaceutical, Allergan and Cardiome. ADVANZ PHARMA offers products and services including Specialty Medicines, Biosimilars, and Generics. Its focus areas include Pharmaceuticals, Specialty Pharmaceuticals, Biotechnology and Biosimilars. Its legal entity is ADVANZ PHARMA Corp. Limited.

Company details

ADVANZ PHARMA is focused on the commercialization of specialty, hospital, and rare disease medicines. Operations are conducted globally, with a presence in over 90 countries, covering therapeutic areas such as hepatology, gastroenterology, anti-infectives, critical care, endocrinology, CNS, and oncology. A diverse portfolio of innovative medicines, specialty generics, biosimilars, and originator brands is maintained. Partnerships with over 300 entities in production, development, and licensing are established to broaden patient access. Efforts are made to enhance patient care and lower healthcare costs through a growing biosimilars portfolio. The company is headquartered in London, UK, with additional centers of excellence and offices worldwide.

  • Headquarters Vancouver, Canada
  • Stage Acquired
  • Sectors
    Healthcare
  • Email
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  • Phone
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  • Website correvio.com
  • Social LinkedIn
  • Acquired by Advanz Pharmaceutical (Mar 2020)
  • Legal Name Advanz Pharma Corp. Limited
Key Metrics

Products & Services of ADVANZ PHARMA

ADVANZ PHARMA offers a comprehensive portfolio of products and services, including Specialty Medicines, Biosimilars, and Generics.

Specialty Medicines
Pharmaceuticals

Specialty medicines are provided for various therapeutic areas.

Biosimilars
Pharmaceuticals

Biosimilars are developed to expand treatment options affordably.

Generics
Pharmaceuticals

Generic medicines are offered for cost-effective patient care.

Funding Insights of ADVANZ PHARMA

ADVANZ PHARMA has successfully raised a total of $40M across 5 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $10 million completed in March 2019. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $40M
  • Total Rounds 5
  • Last Round Debt – Conventional β€” $10M
  • First Round $27M

    (Feb 2014)

  • Investors Count 2

All 5 funding rounds of ADVANZ PHARMA with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Mar 2019$10MDebt – Conventional––
–
May 2017$30MDebt – Conventional––
May 2017$50MDebt – Conventional––
–
May 2016$13MSeries B––
Feb 2014$27MSeries B––
–
Valuation history

4 investors in total: 4 institutional.

Investors in ADVANZ PHARMA

ADVANZ PHARMA has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include Advanz Pharmaceutical, Allergan and Cardiome.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
CRG is recognized as a premier healthcare investment partner.
crglp.comHouston, United States
A portfolio of generic medicines is developed and manufactured.
1948allergan.comMadison, United States
Specialty generic and off-patent medicines are manufactured in various forms.
1963advanzpharma.comMississauga, Canada
Therapies for heart and circulatory disorders are developed and commercialized.
1990cardiome.comVancouver, Canada
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Investor details for ADVANZ PHARMA

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

People of ADVANZ PHARMA

12 people are tracked at ADVANZ PHARMA (4 in leadership, 6 in board & advisors, 2 in team).

NameRoleGroup
David Dean
Chief BDOLeadership
Sheila Grant
COOLeadership
Mark H. Corrigan
CEOLeadership
Justin A. Renz
President and CFOLeadership
Arthur H. Willms
Board MemberBoard & advisors
James O’Shea
ChairBoard & advisors
Vanda De Cian
Board MemberBoard & advisors
Richard M. Glickman
Board MemberBoard & advisors
Robert James Meyer
Board MemberBoard & advisors
William Hunter
Board MemberBoard & advisors
Hugues Sachot
CCOTeam
David Mcmasters
General CounselTeam
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Complete people profiles for ADVANZ PHARMA

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

Timeline of ADVANZ PHARMA

6 dated milestones of ADVANZ PHARMA across 34 years, from founding to its latest funding, stage changes and deals.

  1. Founded ADVANZ PHARMA is founded.
  2. Exit Acquired by Cardiome.
  3. Funding First funding round of $27.0M.
  4. IPO Lists on the stock exchange (IPO).
  5. Funding Latest funding round, Debt – Conventional, of $10.0M.
  6. Exit Acquired by Advanz Pharmaceutical.
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Frequently Asked Questions about ADVANZ PHARMA

ADVANZ PHARMA was founded in 1986 and raised its 1st funding round 28 years after it was founded.

ADVANZ PHARMA is headquartered in Vancouver, Canada. It is registered at Vancouver, British Columbia, Canada.

ADVANZ PHARMA is a funded company, having raised a total of $40M across 5 funding rounds to date. The company's 1st funding round was a Series B of $27M, raised on Feb 2014.

ADVANZ PHARMA is focused on the commercialization of specialty, hospital, and rare disease medicines. Operations are conducted globally, with a presence in over 90 countries, covering therapeutic areas such as hepatology, gastroenterology, anti-infectives, critical care, endocrinology, CNS, and oncology. A diverse portfolio of innovative medicines, specialty generics, biosimilars, and originator brands is maintained. Partnerships with over 300 entities in production, development, and licensing are established to broaden patient access. Efforts are made to enhance patient care and lower healthcare costs through a growing biosimilars portfolio. The company is headquartered in London, UK, with additional centers of excellence and offices worldwide.

ADVANZ PHARMA offers Specialty Medicines, Biosimilars, and Generics.

ADVANZ PHARMA has 4 investors. Key investors include Advanz Pharmaceutical, Allergan, Cardiome, and CRG.

ADVANZ PHARMA operates through Advanz Pharma Corp. Limited.

Yes. ADVANZ PHARMA was acquired by Advanz Pharmaceutical in March 2020.

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