Novaquest Capital Management is a North Carolina-based venture capital firmventure capital firm that makes late-stage investments in clinical and biopharmaceutical programs. Its stated goal is to meet the structural, accounting, and governance needs of its portfolio companies. As of January 2020, it has 16 companies in its portfolio and has had 18 exits. Between 2013 and 2019, Novaquest Capital Management has raised funds, ranging in amounts between $35 million and $892.2 million. In 2018, the firm acquired two organizations, both of which are pharmaceutical entities.