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Better Together? Aegerion And QLT Merge To Solve Problems

 
• By Lisa LaMotta

Aegerion and QLT will unite to create a new company dubbed Novelion in a deal that could help both companies solve some long-standing issues.

Two floundering companies are joining together in what analysts and investors believe will be a fruitful combination that could solve their cash flow and diversification problems. While the move seems positive for both companies, it could hinge on the success of one late-stage product and ongoing settlements with regulators.

Beleaguered Aegerion Pharmaceuticals Inc. announced June 15 that it will merge with Canada's QLT Inc. in an all-stock...

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