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Novan to restructure finances, focus on berdazimer launch

To focus on the launch of berdazimer gel 10.3%, Novan will be restructuring its commercial business and reducing its workforce due to profitability challenges, the company announced in a press release. “We continue to face serious challenges achieving profitability with our commercial assets in the current economic environment, while also endeavoring to extend our cash runway through the

Durham pharma Novan slashes 50% of workforce, mulls sale of assets

Drug development firm Novan is cutting 50% of its workforce - 39 employees - and is looking to sell or license some of its product lines.

Novan 2023 first quarter financial results show focus on berdazimer gel launch

Novan released its financial results for the first quarter of 2023, which included continued progress towards its prescription drug user fee act goal date for berdazimer gel 10.3%, according to a company press release. Novan announced its new drug application submission for berdazimer gel 10.3% for the treatment of molluscum contagiosum in January. The FDA accepted the application for filing and

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