Hyloris Pharmaceuticals

Hyloris Pharmaceuticals

HYL.BR
Liège, Belgium· Est.
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Private Company

Total funding raised: $63.5M

Market Cap: $169.6MFounded: 2008Employees: 51-200HQ: Liège, Belgium

Overview

Hyloris Pharmaceuticals is a publicly traded Belgian company with a mission to address significant healthcare gaps by innovating upon existing medicines. Its core strategy leverages the FDA's 505(b)(2) pathway and equivalents to develop value-added medicines with potentially shorter timelines and lower risk. Key achievements include a broad portfolio of over 30 product candidates, with two products—Sotalol IV and Maxigesic® IV—in early commercialization via partners, positioning it as a leader in this specialized development niche.

AnalgesiaCardiology

Technology Platform

A strategic development platform focused on pharmaceutical reformulation and repurposing, leveraging expertise in drug delivery technologies and regulatory pathways like FDA 505(b)(2) to optimize existing medications.

Funding History

3
Total raised:$63.5M
IPO$40M
Series B$15M
Series A$8.5M

Opportunities

The global demand for cost-effective, improved formulations of existing drugs is significant, driven by healthcare systems seeking better outcomes and adherence.
Hyloris's capital-efficient model and broad pipeline position it to capture value across multiple therapeutic areas through partnerships and royalties.

Risk Factors

Success is highly dependent on the commercial execution of partners for approved products.
The development and regulatory pathway, while de-risked, is not guaranteed, and competition in the reformulation space is intense.

Competitive Landscape

Competes with other specialty pharma firms and internal pharma lifecycle management teams in the value-added medicines space. Differentiation lies in its focused portfolio breadth, experienced team, and capital-efficient operational model targeting niche, high-need areas.

Company Timeline

2008Founded

Founded in Liège, Belgium

2017Series A

Series A: $8.5M

2019Series B

Series B: $15.0M

2020IPO

IPO — $40.0M