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NovaBiotics

Full company profile

uuid0003qi8

Namestring
NovaBiotics
Legal namestring
NovaBiotics Ltd
Company typeenum
Private
Founded yearint
2004
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersAberdeen, United Kingdom
HQ citystring
Aberdeen
HQ countrystring
United Kingdom
HQ regionstring
Europe
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
antimicrobial peptides, cysteamine therapeutics, nail health products, clinical-stage biotechnology, respiratory infection treatments
Industry2 codes
1Infectious Disease & Antimicrobials Pharmaceuticals
CodeHLAIAAAGPrimaryYes
2Microbiome Modulating Small Molecules & Antibiotic Alternatives
CodeHLAAAFAGPrimaryNo
NAICS code3 codes
  • Pharmaceutical Preparation Manufacturing325412
  • Biological Product (except Diagnostic) Manufacturing325414
  • Research and Development in Biotechnology (except Nanobiotechnology)541714
SIC code2 codes
  • Pharmaceutical Preparations2834
  • Biological Products, (No Disgnostic Substances)2836
Product category
Biopharmaceuticals
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Consumer Health Product Sales
TypeLicensing Royalties
Description

Revenue from sales of Tinexyl consumer health products including Tinexyl PRO (B2B through UK podiatrists), Tinexyl-ER, and Tinexyl-XR (consumer formulations). Products distributed globally via Brand Creations Limited with pre-agreed licensing terms including minimum payments and sales royalties.

novabiotics.co.uk
2NP213 Licensing Deal
TypeLicensing Royalties
Description

Licensing agreement with undisclosed partner for NP213 peptide topical nail fungus treatment in Europe and Japan (excluding US). NovaBiotics receives development milestone payments prior to launch and sales royalties thereafter.

novabiotics.co.uk
3Pharmaceutical Development
TypeLicensing Royalties
Description

Revenue potential from advanced clinical stage assets (NM001 for cystic fibrosis, NM002 for pneumonia) through eventual commercialization, licensing, or acquisition. Products in Phase 3 (REMAP-CAP) and registration trial-ready stages with Orphan Drug Designation and Fast Track Designation from FDA.

novabiotics.co.uk
4Government Grants and Funding
TypeLicensing Royalties
Description

Innovate UK funding (£1m) for Nylexa COVID-19 clinical development; MRC grant funding for tuberculosis research with Liverpool School of Tropical Medicine; Department of Health and Social Care funding for NP339 antifungal development.

novabiotics.co.uk
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels5 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 5 records shown
1Tinexyl
Description

Nail conditioning and hydrating product range including Tinexyl PRO, Tinexyl-ER, and Tinexyl-XR for toenail health solutions

novabiotics.co.uk
+4 more records
Core offering1 text field

NovaBiotics is a clinical-stage biotechnology company operating two divisions. Its Pharma division develops novel cysteamine-based therapies and cationic antimicrobial peptide drug candidates for cystic fibrosis, hospital-acquired pneumonia, fungal infections, and COVID-19. Its Consumer Health division develops and commercializes Tinexyl nail health products, including professional (Tinexyl PRO) and at-home (Tinexyl-ER, Tinexyl-XR) lines.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 5 values shown
  • 75% of patients reported decreased toenail brittleness, thickening and discomfort at 18-24 weeks of Tinexyl PRO use
+4 more records
Product overview1 text field

NovaBiotics is a clinical-stage biotechnology company with two divisions: Pharma and Consumer Health. The pharma division develops cysteamine-based therapies (NM001/Lynovex® for cystic fibrosis, NM002/Nylexa® for pneumonia) and novel antimicrobial peptides (NP339 for fungal infections, NP432 for bacterial infections, NP213/Novexatin® for nail fungus). The consumer health division commercializes Tinexyl® nail care products using proprietary TXYL polymer technology and PLK polymers for skin/scalp/hair care. Products range from advanced clinical-stage candidates (NM001, NM002) to commercially available consumer products (Tinexyl® PRO, Tinexyl-ER®, Tinexyl-XR®).

Product and service1 record
1NM001 (Lynovex)
Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-03-24
Description

Collaboration to investigate use of oral cysteamine bitartrate in treatment of mycobacterial disease including tuberculosis (TB). LSTM has world-leading expertise in mycobacterial disease research with access to clinical isolates, tools and models. Goal is to improve patient outcomes by more effectively resolving mycobacterial burden. Currently focused on assessing cysteamine's potentiation of antimicrobial therapies for drug-resistant and drug-sensitive TB strains. MRC grant funding secured for this research.

Strategic tierMinorTypeChannel Partner/ Reseller/ DistributorAnnounced on2025-01-28
Description

Professional body endorsing Tinexyl PRO after rigorous assessment by Medicines and Procedures Panel (MaPP) over one year including product trial. Endorsement based on positive trial results published in Podiatry Review. Gaynor Wooldridge, Chair of Executive Committee, stated product may be 'substance of choice for topical nail treatment in the future'.

Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2024-10-08
Description

Global sales and distribution agreement for Tinexyl nail health products. Brand Creations has global distribution rights excluding Caribbean and B2B UK sales. Tinexyl-ER and Tinexyl-XR launched in US market. Pre-agreed license terms include minimum payments to NCH plus incentives for BCL to drive brand value. BCL team has proven track record scaling health brands including Nutribullet, Proactiv, Zumba via DRTV and digital marketing.

4REMAP-CAP (Randomised, Embedded, Multi-factorial, Adaptive Platform Trial for Community Acquired Pneumonia)
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2021-06-21
Description

Global Phase 3 clinical trial evaluating NM002 (IV cysteamine bitartrate) for community acquired pneumonia including COVID-19, influenzas and bacterial pneumonias. Trial conducted at over 300 clinical sites across more than 20 countries worldwide, funded by consortium including UK's NIHR. NovaBiotics provided NM002 doses for initial UK phase and developed scalable manufacturing process.

novabiotics.co.uk
Strategic tierCoreTypeChannel Partner/ Reseller/ DistributorAnnounced on2021-02-26
Description

Licensing agreement for NP213 peptide topical nail fungus treatment. Partner has exclusive rights in major territories including Europe and Japan (excluding US). Launch of product as medical device anticipated in 2022 via direct-to-consumer healthcare channels including retail pharmacies. NovaBiotics receives development milestone payments prior to launch and sales royalties thereafter.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Global pharma with both a substantial anti-infectives portfolio (HIV, vaccines, respiratory) and a major consumer healthcare division. Indirect overlap across NovaBiotics' pharma and consumer health categories.

TypeDirect peer
Description

US commercial-stage biotech with ARIKAYCE (inhaled liposomal amikacin) for nontuberculous mycobacterial lung infection and a development pipeline for chronic lung diseases including CF. Direct competitor in inhaled respiratory anti-infectives.

TypeEmerging player
Description

US clinical-stage biotech developing direct lytic agents (lysins) and other anti-infectives for drug-resistant infections including Staphylococcus aureus bacteremia. Comparable in novel-mechanism antibacterial pipeline development.

TypeDirect peer
Description

UK AIM-listed clinical-stage anti-infectives company developing XF-platform antimicrobial agents targeting resistant bacterial infections. Comparable late-stage anti-infectives pipeline in a similar UK/EU regulatory context.

TypeDirect peer
Description

US clinical-stage anti-infectives company developing oral sulopenem for resistant urinary tract and other infections. Directly comparable AMR-focused development profile and regulatory pathway.

TypeDirect peer
Description

US clinical-stage biotech developing antibiotics for multidrug-resistant bacterial infections, including tebipenem HBr. Direct comparable in the AMR-focused antibacterial development space.

TypeBroad incumbent
Description

Japanese global pharma with a major anti-infectives franchise (cefiderocol/Fetcroja for resistant Gram-negative infections) and broad pipeline. Overlaps with NovaBiotics on AMR antibacterial development and respiratory indications.

TypeDirect peer
Description

Swedish specialty pharma focused on nail and skin conditions (Kerasal Nail, Nalox for onychomycosis). Direct competitor in the consumer nail health category where NovaBiotics' Tinexyl franchise competes.

TypeEmerging player
Description

French clinical-stage antibacterial company developing metallo-beta-lactamase inhibitors and Pseudomonas-targeted therapies. Comparable early-stage AMR antibacterial development focus.

TypeEmerging player
Description

Swiss clinical-stage antibacterial biotech developing treatments for drug-resistant infections and tuberculosis. Overlap with NovaBiotics' NP432 antibacterial and TB programs via the cysteamine platform.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance3 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds6 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors5 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

NovaBiotics

Biopharmaceuticalsnovabiotics.co.uk

NovaBiotics firmographics

Firmographics
Name
NovaBiotics
Legal name
NovaBiotics Ltd
Website
https://novabiotics.co.uk
Company type
Private
Founded year
2004
Operating status
Operating
Headcount range
11–50 employees
Ownership category
akta.pro rank

NovaBiotics industry classification

Industry
Product category
Biopharmaceuticals
NAICS
Pharmaceutical Preparation Manufacturing (325412), Biological Product (except Diagnostic) Manufacturing (325414), Research and Development in Biotechnology (except Nanobiotechnology) (541714)
SIC
Pharmaceutical Preparations (2834), Biological Products, (No Disgnostic Substances) (2836)
akta.pro primary industry
Infectious Disease & Antimicrobials Pharmaceuticals (HLAIAAAG)
akta.pro secondary industry
Microbiome Modulating Small Molecules & Antibiotic Alternatives (HLAAAFAG)

Keywords

  • Antimicrobial peptides
  • Cysteamine therapeutics
  • Nail health products
  • Clinical-stage biotechnology
  • Respiratory infection treatments

Where NovaBiotics is headquartered

Location

Headquarters

HQ city
Aberdeen
HQ country
United Kingdom
HQ region
Europe

Offices3 records

Markets served

NovaBiotics business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Operations, Marketing or Sales, Supply Chain

Revenue model

  1. Consumer Health Product Sales: Revenue from sales of Tinexyl consumer health products including Tinexyl PRO (B2B through UK podiatrists), Tinexyl-ER, and Tinexyl-XR (consumer formulations). Products distributed globally via Brand Creations Limited with pre-agreed licensing terms including minimum payments and sales royalties.
  2. NP213 Licensing Deal: Licensing agreement with undisclosed partner for NP213 peptide topical nail fungus treatment in Europe and Japan (excluding US). NovaBiotics receives development milestone payments prior to launch and sales royalties thereafter.
  3. Pharmaceutical Development: Revenue potential from advanced clinical stage assets (NM001 for cystic fibrosis, NM002 for pneumonia) through eventual commercialization, licensing, or acquisition. Products in Phase 3 (REMAP-CAP) and registration trial-ready stages with Orphan Drug Designation and Fast Track Designation from FDA.
  4. Government Grants and Funding: Innovate UK funding (£1m) for Nylexa COVID-19 clinical development; MRC grant funding for tuberculosis research with Liverpool School of Tropical Medicine; Department of Health and Social Care funding for NP339 antifungal development.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

NovaBiotics product offering

Product offering

Core offering

NovaBiotics is a clinical-stage biotechnology company operating two divisions. Its Pharma division develops novel cysteamine-based therapies and cationic antimicrobial peptide drug candidates for cystic fibrosis, hospital-acquired pneumonia, fungal infections, and COVID-19. Its Consumer Health division develops and commercializes Tinexyl nail health products, including professional (Tinexyl PRO) and at-home (Tinexyl-ER, Tinexyl-XR) lines.

Product overview

NovaBiotics is a clinical-stage biotechnology company with two divisions: Pharma and Consumer Health. The pharma division develops cysteamine-based therapies (NM001/Lynovex® for cystic fibrosis, NM002/Nylexa® for pneumonia) and novel antimicrobial peptides (NP339 for fungal infections, NP432 for bacterial infections, NP213/Novexatin® for nail fungus). The consumer health division commercializes Tinexyl® nail care products using proprietary TXYL polymer technology and PLK polymers for skin/scalp/hair care. Products range from advanced clinical-stage candidates (NM001, NM002) to commercially available consumer products (Tinexyl® PRO, Tinexyl-ER®, Tinexyl-XR®).

Differentiator

Problem solved

Functional benefit

Brands

  • Tinexyl: Nail conditioning and hydrating product range including Tinexyl PRO, Tinexyl-ER, and Tinexyl-XR for toenail health solutions
  • Nylexa
  • Lynovex
  • Novexatin
  • Tinexyl PRO

Products and services

  • NM001 (Lynovex)

Quantifiable outcome

  • 75% of patients reported decreased toenail brittleness, thickening and discomfort at 18-24 weeks of Tinexyl PRO use
  • +4 more outcomes

Companies that use NovaBiotics

Customer profile

Named customers3 records

Segments4 records

Ideal customer profiles3 records

NovaBiotics technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

NovaBiotics partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered core and minor.

  • Liverpool School of Tropical Medicine (LSTM)coreStrategic or Co-development Partner · 24 March 2025Collaboration to investigate use of oral cysteamine bitartrate in treatment of mycobacterial disease including tuberculosis (TB). LSTM has world-leading expertise in mycobacterial disease research with access to clinical isolates, tools and models. Goal is to improve patient outcomes by more effectively resolving mycobacterial burden. Currently focused on assessing cysteamine's potentiation of antimicrobial therapies for drug-resistant and drug-sensitive TB strains. MRC grant funding secured for this research.
  • Institute of PodiatristsminorChannel Partner/ Reseller/ Distributor · 28 January 2025Professional body endorsing Tinexyl PRO after rigorous assessment by Medicines and Procedures Panel (MaPP) over one year including product trial. Endorsement based on positive trial results published in Podiatry Review. Gaynor Wooldridge, Chair of Executive Committee, stated product may be 'substance of choice for topical nail treatment in the future'.
  • Brand Creations LimitedcoreChannel Partner/ Reseller/ Distributor · 8 October 2024Global sales and distribution agreement for Tinexyl nail health products. Brand Creations has global distribution rights excluding Caribbean and B2B UK sales. Tinexyl-ER and Tinexyl-XR launched in US market. Pre-agreed license terms include minimum payments to NCH plus incentives for BCL to drive brand value. BCL team has proven track record scaling health brands including Nutribullet, Proactiv, Zumba via DRTV and digital marketing.
  • REMAP-CAP (Randomised, Embedded, Multi-factorial, Adaptive Platform Trial for Community Acquired Pneumonia)coreStrategic or Co-development Partner · 21 June 2021Global Phase 3 clinical trial evaluating NM002 (IV cysteamine bitartrate) for community acquired pneumonia including COVID-19, influenzas and bacterial pneumonias. Trial conducted at over 300 clinical sites across more than 20 countries worldwide, funded by consortium including UK's NIHR. NovaBiotics provided NM002 doses for initial UK phase and developed scalable manufacturing process.
  • Undisclosed NP213 Commercial PartnercoreChannel Partner/ Reseller/ Distributor · 26 February 2021Licensing agreement for NP213 peptide topical nail fungus treatment. Partner has exclusive rights in major territories including Europe and Japan (excluding US). Launch of product as medical device anticipated in 2022 via direct-to-consumer healthcare channels including retail pharmacies. NovaBiotics receives development milestone payments prior to launch and sales royalties thereafter.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

NovaBiotics competitors and assessment

Company assessment

Broad incumbents

  • GSK: Global pharma with both a substantial anti-infectives portfolio (HIV, vaccines, respiratory) and a major consumer healthcare division. Indirect overlap across NovaBiotics' pharma and consumer health categories.
  • Shionogi: Japanese global pharma with a major anti-infectives franchise (cefiderocol/Fetcroja for resistant Gram-negative infections) and broad pipeline. Overlaps with NovaBiotics on AMR antibacterial development and respiratory indications.

Direct peers

  • Insmed: US commercial-stage biotech with ARIKAYCE (inhaled liposomal amikacin) for nontuberculous mycobacterial lung infection and a development pipeline for chronic lung diseases including CF. Direct competitor in inhaled respiratory anti-infectives.
  • Destiny Pharma: UK AIM-listed clinical-stage anti-infectives company developing XF-platform antimicrobial agents targeting resistant bacterial infections. Comparable late-stage anti-infectives pipeline in a similar UK/EU regulatory context.
  • Iterum Therapeutics: US clinical-stage anti-infectives company developing oral sulopenem for resistant urinary tract and other infections. Directly comparable AMR-focused development profile and regulatory pathway.
  • Spero Therapeutics: US clinical-stage biotech developing antibiotics for multidrug-resistant bacterial infections, including tebipenem HBr. Direct comparable in the AMR-focused antibacterial development space.
  • Moberg Pharma: Swedish specialty pharma focused on nail and skin conditions (Kerasal Nail, Nalox for onychomycosis). Direct competitor in the consumer nail health category where NovaBiotics' Tinexyl franchise competes.

Emerging players

  • ContraFect: US clinical-stage biotech developing direct lytic agents (lysins) and other anti-infectives for drug-resistant infections including Staphylococcus aureus bacteremia. Comparable in novel-mechanism antibacterial pipeline development.
  • Antabio: French clinical-stage antibacterial company developing metallo-beta-lactamase inhibitors and Pseudomonas-targeted therapies. Comparable early-stage AMR antibacterial development focus.
  • BioVersys: Swiss clinical-stage antibacterial biotech developing treatments for drug-resistant infections and tuberculosis. Overlap with NovaBiotics' NP432 antibacterial and TB programs via the cysteamine platform.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

NovaBiotics social profiles

Digital presence

NovaBiotics compliance and trust

Trust signal

Compliance3 records

NovaBiotics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

NovaBiotics leadership team

Management profile

Number of profiles

Profiles6 records

NovaBiotics subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

NovaBiotics funding detail

Funding detail

Funding overview

Funding rounds6 records

Investors5 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

NovaBiotics M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NovaBiotics

What does NovaBiotics do?

NovaBiotics is a clinical-stage biotechnology company operating two divisions. Its Pharma division develops novel cysteamine-based therapies and cationic antimicrobial peptide drug candidates for cystic fibrosis, hospital-acquired pneumonia, fungal infections, and COVID-19. Its Consumer Health division develops and commercializes Tinexyl nail health products, including professional (Tinexyl PRO) and at-home (Tinexyl-ER, Tinexyl-XR) lines.

Is NovaBiotics a public or private company?

NovaBiotics is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was NovaBiotics founded?

NovaBiotics was founded in 2004. It employs 11 to 50 people.

Where is NovaBiotics based?

NovaBiotics is headquartered in Aberdeen, United Kingdom, in the Europe region.

How does NovaBiotics make money?

Four revenue lines are on record. Consumer Health Product Sales are the primary driver. The others are NP213 Licensing Deal, pharmaceutical Development and government Grants and Funding.

Who are NovaBiotics's main competitors?

Broad incumbents on record are GSK and Shionogi. Direct peers are Insmed, Destiny Pharma, Iterum Therapeutics, Spero Therapeutics and Moberg Pharma. Emerging players are ContraFect, Antabio and BioVersys.

Does NovaBiotics have an API?

No public API is recorded for NovaBiotics.

What industry is NovaBiotics in?

NovaBiotics's product category is Biopharmaceuticals. Its primary akta.pro industry code is HLAIAAAG, Infectious Disease & Antimicrobials Pharmaceuticals, with a secondary code of HLAAAFAG, Microbiome Modulating Small Molecules & Antibiotic Alternatives. Its NAICS code is 325412 and its SIC code is 2834.

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Live signals
PR NewswireNovaBiotics to Present at the H.C. Wainwright BioConnect ConferenceNovaBiotics Ltd, a clinical-stage biotechnology company based in Aberdeen, Scotland, announced that CEO Deborah O'Neil will present a company overview at the H.C. Wainwright BioConnect Conference, scheduled for January 10-13, 2022. The virtual presentation will be available on-demand beginning January 10 and archived for 90 days on the company's website. This marks a routine corporate communications event to showcase the company's pipeline of immune-based therapies for life-threatening diseases.PR NewswireNovaBiotics Announces First Patient Enrollment into the Cysteamine Domain of REMAP-CAPNovaBiotics Ltd, a clinical-stage biotechnology company based in Aberdeen, Scotland, announced the enrollment of the first patient into the REMAP-CAP global clinical trial for its investigational drug candidate NM002 (intravenous cysteamine bitartrate) in severely ill community-acquired pneumonia patients. The Phase 3 trial is being conducted across more than 300 clinical sites in over 20 countries, with initial doses produced for the UK phase. The company expects top-line data from the study in 2022 and intends for it to serve as a registration study for NM002 in multiple key territories.PR NewswireNovaBiotics to Present New Data at Upcoming North American Cystic Fibrosis ConferenceNovaBiotics Ltd, a clinical-stage biotech company based in Aberdeen, Scotland, will present two posters featuring new preclinical data on cysteamine at the North American Cystic Fibrosis Conference (NACFC) from November 2-5, 2021. Cysteamine is the active pharmaceutical ingredient of the company's NM001 candidate therapies for pulmonary exacerbations and maintenance of ventilatory function in cystic fibrosis. The company highlighted that oral NM001 has received Orphan Drug Designation from both the FDA and EMA, as well as Fast Track Designation from the FDA.PR NewswireNovaBiotics to Present Preclinical Data on NP339 and Sponsor Symposium on New Antifungals at Upcoming 10th Congress on Trends in Medical MycologyNovaBiotics Ltd, a clinical-stage biotechnology company headquartered in Aberdeen, Scotland, announced it will co-sponsor a symposium and present preclinical data on its novel antifungal peptide candidate NP339 at the 10th Congress on Trends in Medical Mycology (TIMM) from October 8-11, 2021. CEO Deborah O'Neil and researcher Daniel W. Smith will present findings on NP339's fungicidal activity against a broad range of pathogens including Aspergillus fumigatus, Candida species, Cryptococcus species, and drug-resistant organisms such as Candida auris. The company stated NP339's mechanism of action and toxicity profile are distinct from existing antifungal classes as it is based on immune defence molecules, representing a novel therapeutic modality for invasive fungal disease.PR NewswireNovaBiotics Announces Presentation at Upcoming Peptide Therapeutics Forum 2021NovaBiotics Ltd announced that its Chief Executive Officer, Deborah O'Neil, will present the company's novel peptide drug candidates at the Peptide Therapeutics Forum 2021 in Basel, Switzerland. The presentation highlights NovaBiotics' proprietary immune-based platform aimed at treating fungal and bacterial infections, including specific programs for community-acquired pneumonia and cystic fibrosis.PR NewswireNovaBiotics Announces Cysteamine Bitartrate (NM002) Included in REMAP-CAP Phase 3 Clinical Trial for Community Acquired PneumoniaNovaBiotics Ltd announced that its intravenous cysteamine bitartrate therapy candidate NM002 has been included in REMAP-CAP, a global Phase 3 clinical trial for community-acquired pneumonia being conducted at over 300 clinical sites across more than 20 countries. The trial is funded by a consortium of government funding agencies including the UK's National Institute for Health Research, with NovaBiotics having provided doses for the initial UK phase and developed scalable manufacturing to supply the broader trial. The company stated that inclusion in this adaptive platform trial represents a second late-stage clinical product and could serve as a registration study for NM002 in multiple key territories.PR NewswireNovaBiotics Announces Publication of Data Elucidating NP339's Broad Antifungal Activity in Antimicrobial Agents and ChemotherapyNovaBiotics Ltd announced publication of preclinical data for its novel antifungal candidate NP339 in the peer-reviewed journal Antimicrobial Agents and Chemotherapy, demonstrating broad activity against clinically relevant molds and yeasts including drug-resistant strains. The studies showed NP339 targets fungal cell membranes specifically, exhibits no cytotoxicity to mammalian cells, and did not elicit resistance in vitro. The company plans to complete Investigational New Drug-enabling studies and potentially initiate first-in-human Phase 1 trials in 2022.