Highland Therapeutics
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Highland Therapeutics - overview
Location
Toronto, ON, Canada
Primary Industry
Pharmaceuticals
About
Highland Therapeutics is a Canadian company focused on developing innovative therapies that address unmet medical needs through advanced drug delivery systems. Their expertise aims to enhance treatment outcomes for patients. Highland Therapeutics specializes in drug delivery solutions designed to improve the effectiveness of medications. Founded in Toronto, Canada, the company has raised a total of USD 25.
00 mn through various funding rounds, with the most recent being a VENTURE DEBT round from Citibank on June 25, 2015. The company has completed a total of 4 deals, but there are no indications of significant pivots in business strategy or operations since its inception. Highland Therapeutics focuses on comprehensive digital solutions that enhance the delivery of treatments for various conditions. They develop products aimed at improving patients' adherence to medication through innovative delivery methods.
Targeting healthcare providers and patients, their solutions address common challenges in medication compliance and access to therapies across North America, Europe, and parts of Asia. The company's revenue model is based on multiple transaction types including partnerships with pharmaceutical companies for drug delivery systems. Revenue is generated through direct sales and B2B collaborations, where healthcare providers utilize Highland Therapeutics' solutions for patient care. Their services are structured around subscription plans and transactional services that vary based on client needs.
Highland Therapeutics aims to expand its product offerings with new drug delivery systems expected to launch in upcoming quarters. The company is targeting expansion into European markets by the end of 2023 to increase its customer base. The recent funding of USD 25. 00 mn from Citibank will support these growth initiatives, allowing Highland Therapeutics to enhance product development and market entry strategies.
Current Investors
Eastern Capital Limited, Citibank
Primary Industry
Pharmaceuticals
Sub Industries
Drug Stores/Convenience Stores, Pharmaceutical Research & Development
Website
www.highlandtherapeutics.com
Verticals
HealthTech
Company Stage
Series A
Total Amount Raised
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