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Novan
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Country
Country
U.S.A
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Address
4020 Stirrup Creek Drive Suite 110 Durham, NC 27703
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Telephone
1-919-485-8080

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Details:

Through the acquisition, Ligand will gain access to all the assets of Novan, including SB206 (berdazimer sodium gel), all other programs in development, the NITRICIL™ drug delivery technology, and the commercial assets of its EPI health business.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Ligand Pharmaceuticals

Deal Size: $15.0 million Upfront Cash: Undisclosed

Deal Type: Divestment September 27, 2023

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Details:

Through the acquisition, Ligand will gain access to all the assets of Novan, including SB206 (berdazimer sodium gel), all other programs in development, the NITRICIL™ drug delivery technology, and the commercial assets of its EPI health business.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Ligand Pharmaceuticals

Deal Size: $15.0 million Upfront Cash: $15.0 million

Deal Type: Acquisition July 17, 2023

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Novan intends to use the net proceeds from the offering to fund its SB206 (berdazimer sodium), 10.3% development program activities, support sales and marketing efforts for the Company’s marketed products and for general working capital purposes.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: H.C. Wainwright & Co.

Deal Size: $6.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering March 16, 2023

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Novan intends to use the net proceeds from the offering to fund its SB206 (berdazimer sodium), 10.3% development program activities, support sales and marketing efforts for the Company’s marketed products and for general working capital purposes.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: H.C. Wainwright & Co.

Deal Size: $6.0 million Upfront Cash: Undisclosed

Deal Type: Public Offering March 14, 2023

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Details:

SB206 (berdazimer sodium), the active ingredient in berdazimer gel, 10.3% (SB206), is a new chemical entity, for the treatment of molluscum contagiosum is a potential first-in-class topical nitric oxide-releasing agent with positive Phase 3 data submitted to the FDA.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable March 07, 2023

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SB206 (berdazimer sodium), the active ingredient in berdazimer gel, 10.3% (SB206), is a new chemical entity, for the treatment of molluscum contagiosum is a potential first-in-class topical nitric oxide-releasing agent with positive Phase 3 data submitted to the FDA.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Recipient: Ligand Pharmaceuticals

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable January 06, 2023

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Rhofade (oxymetazoline hydrochloride) cream is an FDA-approved prescription topical treatment that may reduce persistent facial redness by at least two grades, according to both doctor and patient scales that evaluated rosacea redness in two 29-day trials in adults.


Lead Product(s): Oxymetazoline Hydrochloride

Therapeutic Area: Dermatology Product Name: Rhofade

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: Sato Yakuhin Kogyo Co., Ltd

Deal Size: $7.5 million Upfront Cash: $5.0 million

Deal Type: Licensing Agreement December 21, 2022

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WYNZORA Cream is a fixed dose combination of calcipotriene and betamethasone dipropionate used for the topical treatment of plaque psoriasis. Betamethasone dipropionate has anti-inflammatory effects resulting in decreased expression of key TNF-α, IL-17A/F and IL-23 cytokines.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Recipient: Novan

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable October 14, 2022

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WYNZORA is a cream-based fixed dose combination of calcipotriene and betamethasone dipropionate for topical treatment of plaque psoriasis. It is based on PAD™ Technology, which enables stability of both calcipotriene and betamethasone dipropionate in aqueous formulation.


Lead Product(s): Calcipotriol,Betamethasone Dipropionate

Therapeutic Area: Dermatology Product Name: Wynzora

Highest Development Status: ApprovedProduct Type: Small molecule

Partner/Sponsor/Collaborator: MC2 Therapeutics

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable September 15, 2022

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Company previously reported positive topline efficacy and favorable safety data at Week 12 from B-SIMPLE 4 in June 2021, achieving statistical significance for primary endpoint with p-value less than 0.0001 and no SAE related to treatment with SB206 (berdazimer) gel, 10.3%.


Lead Product(s): Berdazimer Sodium

Therapeutic Area: Infections and Infectious Diseases Product Name: SB206

Highest Development Status: Phase IIIProduct Type: Small molecule

Partner/Sponsor/Collaborator: Not Applicable

Deal Size: Not Applicable Upfront Cash: Not Applicable

Deal Type: Not Applicable July 13, 2022

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