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Get to know NOvAN

Novan, Inc. was a clinical-stage biotechnology company that aimed to leverage its proprietary nitric oxide-releasing platform, NITRICIL™, to create novel, first-in-class therapies for a variety of skin diseases. The company's primary focus was on developing treatments for conditions like molluscum contagiosum, acne vulgaris, and other dermatological ailments. Founded in 2008, Novan was a publicly-traded company that advanced several product candidates through clinical trials. In July 2023, the company filed for Chapter 11 bankruptcy protection and its assets, including its lead product candidate berdazimer gel, were subsequently acquired by Ligand Pharmaceuticals.

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NOvAN

Netherlands

Founded in

2017 (9 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

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