Novan, Inc.

Novan, Inc.

NOVN
Novan, Inc.US flagNASDAQ Capital Market
0.09
USD
-0.03
- -
2.64MMarket Cap
Novan, Inc.
NOVN
(NASDAQ Capital Market)

Recent

price

0.09

P/E

ratio

- -

div

yld

- -

ROIC.AI

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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Dividends Per Share

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Business
Novan, Inc. (NOVN) operates as a medical dermatology company focused on the development and commercialization of nitric oxide-based therapeutic products for skin diseases and viral infections in the United States; its core offerings include Wynzora (calcipotriene and betamethasone dipropionate cream for psoriasis), Rhofade (oxymetazoline hydrochloride cream for rosacea), Minolira (minocycline hydrochloride modified-release capsules for acne), and the investigational SB206 (berdazimer gel, 10.3%) topical prescription gel targeting molluscum contagiosum viral skin infections; the company leverages its proprietary Nitricil platform technology to deliver nitric oxide in solid form for localized antiviral and immunomodulatory effects. Founded in 2006 and headquartered in Durham, North Carolina, Novan primarily serves dermatology markets with prescription products promoted through its commercial portfolio of six branded drugs. In recent major developments, Novan filed for Chapter 11 bankruptcy protection in July 2023, leading to the September 2023 sale of substantially all assets—including berdazimer gel (now ZELSUVMI), the NITRICIL platform, and related programs—to Ligand Pharmaceuticals for $12.2 million net of debtor-in-possession financing; these assets now underpin Ligand's subsidiary Pelthos Therapeutics, launched in April 2024 to commercialize ZELSUVMI for molluscum contagiosum in adults and pediatric patients aged one year and older, with Pelthos combining with Channel Therapeutics in June 2025 to accelerate market entry.

Company News

APIChatGPT
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  • Novartis AGcompleted the acquisition of Regulus Therapeutics Inc..

  • Novan Enters into Agreement to Sell Substantially All of its Assets, including Berdazimer Gel, 10.3% (SB206), and Files for Chapter 11 Protection

  • Novan, Inc. (NOVN) Q1 2023 Earnings Call Transcript

  • Novan to Report First Quarter 2023 Financial Results on May 15, 2023

  • Novan to Report Full Year 2022 Financial Results on March 30, 2023

  • Novan to Present at the Oppenheimer 33rd Annual Healthcare Conference

  • Novan to Present at the Virtual Investor 2023 Companies to Watch Event

  • Ligand's Partner Novan Submits New Drug Application to the U.S. FDA for Berdazimer Gel, 10.3% (SB206) for the Treatment of Molluscum Contagiosum

  • Novan, Inc. (NOVN) Q3 2022 Earnings Call Transcript

  • Novan, Inc. (NOVN) CEO Paula Stafford on Q2 2022 Results - Earnings Call Transcript

  • Novan to Report Second Quarter 2022 Financial Results on August 11, 2022

  • Novan to Present Berdazimer Gel, 10.3% (SB206) Clinical Data at Annual Meeting of the Society for Investigative Dermatology

  • Novan, Inc. (NOVN) CEO Paula Brown Stafford on Q1 2022 Results - Earnings Call Transcript

  • Novan to Report First Quarter 2022 Financial Results on May 16, 2022

  • Novan, Inc. (NOVN) CEO Paula Brown Stafford on Q4 2021 Results - Earnings Call Transcript

  • Novan to Report Full Year 2021 Financial Results on February 22, 2022

  • Novan Reports Safety Data from B-SIMPLE4 Pivotal Phase 3 Study of SB206

  • Novan to Present at the Cantor Fitzgerald Virtual Global Healthcare Conference

  • Novan Announces Strategic Priorities and Outlines Key Milestones