NOVN
Company Description
Novan, Inc. operates as a pre-commercial pharmaceutical entity specializing in nitric oxide-derived therapies for dermatological and anti-infective conditions. The company boasts a robust clinical-stage pipeline featuring several topical drug candidates. For skin-related ailments, these include SB204, a monotherapy aimed at acne vulgaris; SB206, an antiviral gel targeting viral skin infections; SB208, a broad-spectrum antifungal gel designed to combat various fungal skin and nail infections like athlete's foot; and SB414, a cream-based gel formulated for inflammatory skin diseases. Additionally, Novan is advancing SB207 to treat external genital warts, WH602 (an intravaginal gel) and WH504 (a non-gel formulation) both addressing high-risk human papillomavirus (HPV), and SB019, a candidate for SARS-CoV-2. The firm has cultivated strategic partnerships, holding a licensing agreement with Sato Pharmaceutical Co., Ltd., and engaging in a strategic alliance with Orion Corporation. Founded in 2006, Novan, Inc. maintains its headquarters in Durham, North Carolina.
Track Record
| Metric | 2015 | 2014 |
|---|---|---|
| Revenue | 0 | 112,000 |
| Net Income | (28.06M) | (11.39M) |
| EPS | -25.11 | -10.19 |
| Free Cash Flow | (23.40M) | (9.38M) |
| FCF / Share | -20.94 | -8.39 |
| Operating CF | (22.19M) | (8.60M) |
| Total Assets | 49.82M | 9.93M |
| Total Debt | 10,000 | 16,000 |
| Cash & Equiv | 45.69M | 7.42M |
| Book Value | (60.08M) | (29.55M) |
| Return on Equity | N/A | N/A |
| Metric | Q4 2015 | Q3 2015 |
|---|---|---|
| Revenue | 0 | 0 |
| Net Income | (11.17M) | (6.08M) |
| EPS | -9.99 | -5.44 |
| Free Cash Flow | (8.21M) | (5.51M) |
| FCF / Share | -7.34 | -4.94 |
| Operating CF | (8.09M) | (5.18M) |
| Total Assets | 49.82M | 29.84M |
| Total Debt | 10,000 | 10,000 |
| Cash & Equiv | 45.69M | 26.41M |
| Book Value | (60.08M) | 26.39M |
| Return on Equity | N/A | -0.23 |