Novan

Novan is a clinical-stage drug development company developing deliverable nitric oxide.

Business Model:

Revenue: $0

Employees: 51-500

Detailed Novan Information

Geographic Data

Novan headquarters map

Address:

City: Morrisville

State: North Carolina

Zip:

Country: United States

Financial Info

Stage:

post ipo equity

Raised Last:

$40M

Raised Total:

$210M

Metrics

6,326,995Website Global Rank

997Website Monthly Traffic

Twitter Followers

Description

Novan develops products that tap the anti-bacterial properties of nitric oxide by encapsulating the compound in nano-particles that deliver therapeutic agents to desired body location. They use its proprietary nitric oxide-based science and technology platform to develop innovative, first-in-class therapies for unmet medical needs. The company is committed to using the power of the human body to create safe and effective treatments. They complement their internal scientific talent with strategic partners around the globe to enable Novan to harness the power of nitric oxide and develop technologies that will help address currently untreated and under-treated medical conditions. It was incorporated in 2008 and is based in Morrisville, North Carolina.

Contact Phone:

Contact Email:

Novan went public on 9/21/2016 on the NASDAQ

Listed Exchange:
NASDAQ

IPO Date:
9/21/2016

Ticker Symbol:
NOVN

IPO Price:
$11/share

Amount Raised:
$45M

Live

Opened: -/share

EBITDA -
Total Cash -
Total Debt -
Total Revenue -
Total Profit (Gross) -
PE Ratio -
Announced Date Company Transaction Money Raised
Announced Date Transaction Number of Investors Money Raised Lead Investors
1/2011 Venture Round $4M
9/2019 Grant 1 $1.1M U.S. Department of Defense
U.S. Department of Defense
U.S. Department of Defense
U.S. Department of Defense
3/2015 Private Equity Round 1 $50M Malin Corporation
Malin Corporation
Malin Corporation
Malin Corporation
7/2009 Venture Round $2M
4/2019 Post-IPO Equity $35M
6/2021 Post-IPO Equity $40M
3/2014 Debt Financing $3.5M
9/2019 Post-IPO Equity $0 Aspire Capital Partners LLC
Aspire Capital Partners LLC
Aspire Capital Partners LLC
Aspire Capital Partners LLC
12/2015 Venture Round $32.8M
10/2011 Series C $6M
2/2013 Venture Round $11M
9/2019 Post-IPO Equity 1 $25M Aspire Capital Partners LLC
Aspire Capital Partners LLC
Aspire Capital Partners LLC
Aspire Capital Partners LLC
Announced Date Name Price
3/2022 EPI Health

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