VANCOUVER, British Columbia and CAMBRIDGE, Mass., Sept. 25, 2019 (GLOBE NEWSWIRE) -- Novelion Therapeutics Inc. (NASDAQ: NVLN) ("Novelion" or the "Company"), announced that, further to its press release dated September 11, 2019, the acquisition by Amryt Pharma Plc ("Amryt") of 100% of the outstanding equity interests of Novelion's reorganized subsidiary, Aegerion Pharmaceuticals, Inc. ("Aegerion") as contemplated in Aegerion's First Amended Joint Chapter 11 Plan (the "Amryt Transaction"), has been completed. Closing of Amryt Transaction On September 24, 2019, Aegerion completed the Amryt Transaction (the "Closing"). The consideration for the Amryt Transaction has been satisfied through the issuance of ordinary Amryt shares (the "Ordinary Shares"), or American depository receipts representing Ordinary Shares, to stakeholders of Aegerion.