Novan (NOVN) Focuses Strategic Direction and Announces Restructuring

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Novan Focuses Strategic Direction and Announces Restructuring

May 31, 2023 4:05 PM EDT

Company directing resources on the potential approval of berdazimer gel, 10.3% (SB206) for molluscum contagiosum

Process to explore a sale or out-license of commercial assets or other business transaction continues

Continued progress toward PDUFA goal date of January 5, 2024, for berdazimer gel, 10.3%

DURHAM, N.C., May 31, 2023 (GLOBE NEWSWIRE) -- Novan, Inc. (the Company or Novan) (Nasdaq: NOVN), today announced that following an evaluation of its commercial and developmental stage assets, it has decided to sharpen its focus and resources on berdazimer gel, 10.3%... More