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LSL Pharma Group Inc. secured $6.44 million in the first closing of non-brokered private placements to expand production capacity and for working capital purposes.

PRIVATEMar 20, 2024

Amount Raised

$6.44 Million

Round Type

Post-IPO Equity

BouchervilleManufacturingBiotechnologyHealth CarePharmaceuticalDietary Supplements

Description

LSL Pharma Group Inc. announced the first closing on March 18, 2024 of non-brokered private placements for $6.44 million, out of the $8.0 million combined financings announced on March 7, 2024. The financing includes cash proceeds and the conversion of the Corporation’s debts into units for debts. The raised funds will be used to expand production capacity and for general working capital purposes.

Quick answer

LSL Pharma Group raised $6.44 Million in a Post-IPO Equity round, dated March 20, 2024. LSL Pharma Group is based in Boucherville, Quebec, Canada.

How much did LSL Pharma Group raise?
LSL Pharma Group raised $6.44 Million in a Post-IPO Equity round on March 20, 2024.
What does LSL Pharma Group do?
LSL Pharma Group Inc. is a Canadian integrated pharmaceutical company specializing in the development, manufacturing and commercialization of high-quality sterile ophthalmic pharmaceutical products, as well as..
Where is LSL Pharma Group based and how big is it?
LSL Pharma Group is based in Boucherville, Quebec, Canada. Fundz records about 18 employees.
Who are the decision-makers at LSL Pharma Group?
Fundz holds 1 contact at LSL Pharma Group, including the Vice President-PMO, New Product Development. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Pharmaceutical and Dietary Supplements around the same time

Companies in the same sectors as LSL Pharma Group that raised within 45 days of this round, from Fundz verified event records.

  • Helus Pharma raised $109M on March 19, 2024.
  • valisure llc raised $4M (Seed) on February 16, 2024.
  • API Holdings raised $216M (Private Equity) on May 3, 2024.
  • Endovia Health Sciences, Inc. raised $1.9M (Seed) on May 1, 2024.
  • Integrity Orthopaedics raised $21M (Series B) on May 1, 2024.
  • Liberate Medical raised $6.5M (Grant) on April 30, 2024.

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Company Information

Company

LSL Pharma Group

Location

Boucherville, Quebec, Canada

About

LSL Pharma Group Inc. is a Canadian integrated pharmaceutical company specializing in the development, manufacturing and commercialization of high-quality sterile ophthalmic pharmaceutical products, as well as pharmaceutical, cosmetic and natural health products in solid, semi-solid and liquid dosage forms. . Leveraging its technical expertise, certified facilities, and experienced team, LSL Pharma delivers high-quality solutions that meet the highest industry standards. The companies that are part of the LSL Pharma Group are Steri-Med Pharma Inc., Laboratoire LSL Inc., Virage Santé Inc., Dermolab Pharma Ltd. and Laboratoire Du-Var Inc.

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Related People

1 contact
Verified contactsGolnaz K., Vice President-PMO, New Product Develop… hiddenSee plans and pricing
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LSL Pharma Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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