Merus Labs

Toronto, Canada Founded: 2009 • Age: 17 yrs Acquired By Norgine
Pharmaceuticals for womens health, cancer, infectious and cardiovascular disease.
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About Merus Labs

Merus Labs was established in 2009 in Toronto, Canada, within the pharmaceuticals sector. Corporate growth is pursued through an opportunistic product acquisition strategy. The portfolio encompasses Sintrom for thromboembolic conditions, Enablex for overactive bladder, Salagen for radiation-induced dry mouth, and Vancocin capsules for bacterial infections like C. difficile. Operations focus on sourcing and integrating these treatments for womens health, cancer, infectious, and cardiovascular areas.

  • Headquarter Toronto, Canada
  • Stage Public
  • Sectors
    Healthcare
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Healthcare → Pharmaceuticals & Therapeutics
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
    $20 M (USD), Post-IPO

    Mar 01, 2016

  • Investors
    Norgine

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    Norgine

    (May 11, 2017)

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Funding Insights of Merus Labs

  • Total Funding
  • Total Rounds 6
  • Last Round Post-IPO — $20.0M
  • First Round

    (23 Mar 2011)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Mar, 2016 Amount Post-IPO - Merus Labs Valuation

investors

Apr, 2015 Amount Post-IPO - Merus Labs Valuation

investors

Mar, 2014 Amount Post-IPO - Merus Labs Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Merus Labs

Merus Labs has secured backing from 3 investors, including venture fund and institutional investors. Prominent investors backing the company include Norgine, PDL BioPharma and PowerOne Capital Markets. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Biopharmaceutical company undergoing dissolution and asset distribution processes.
Founded Year Domain Location
-
Founded Year Domain Location
Proprietary therapeutic products for gastrointestinal diseases are developed and marketed.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Merus Labs

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Merus Labs

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Merus Labs Comparisons

Employees
+
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Competitors of Merus Labs

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Merus Labs

Frequently Asked Questions about Merus Labs

When was Merus Labs founded?

Merus Labs was founded in 2009 and raised its 1st funding round 2 years after it was founded.

Where is Merus Labs located?

Merus Labs is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.

What does Merus Labs do?

Merus Labs was established in 2009 in Toronto, Canada, within the pharmaceuticals sector. Corporate growth is pursued through an opportunistic product acquisition strategy. The portfolio encompasses Sintrom for thromboembolic conditions, Enablex for overactive bladder, Salagen for radiation-induced dry mouth, and Vancocin capsules for bacterial infections like C. difficile. Operations focus on sourcing and integrating these treatments for womens health, cancer, infectious, and cardiovascular areas.

Who are Merus Labs's investors?

Merus Labs has 3 investors. Key investors include Norgine, PDL BioPharma, and PowerOne Capital Markets.

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