MedTechIQ_3Helix InSight Engine-Beta
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Triple Helix Discovery Engine
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Industry
Architects: Small & Medium Size Business (SMBs), Product Development, De-Risking, Validation, Building Niche & Emerging Markets
*Architects: Dermatology, Skincare, Medical Aesthetic & Plastic Surgery Companies
Novan, Inc. (NASDAQ:NOVN)
Finance & Acquisitions: Novan
Parents
Novan, Inc. (NASDAQ:NOVN)
Children
2011: Antibacterial technology from Novan lands $6M in new capital (2011)
2012: Nanobiotech Novan raises $5.1M; acne treatment in trials, competition looms (2012)
2022: EPI Health Announces Acquisition by Novan, Inc. to Create Fully Integrated Specialty Dermatology Company
2023: Durham biotech Novan to sell assets, files for bankruptcy
EPI Health, LLC
In addition to equity financing from investors, Novan has grants from the NIH to study the technology in applications such as antimicrobial catheter coatings intended to prevent hospital acquired infections (HAI).
Novan earlier this year was awarded a $69,821 Department of Defense contract to research the use of the Nitricil technology to develop a topical wound care product for treating infections experienced by military personnel
Jumps
*Key People: Novan
Organization & Developments: Novan