Business Overview

Noven Pharmaceuticals, Inc. is a specialty pharmaceutical company engaged in the research, development, manufacture, marketing and sale of prescription pharmaceutical products. Noven has over 650 employees working in facilities located in: Miami, FL; New York, NY; Carlsbad, CA; and Florham Park, NJ, and in sales force territories located across the U.S. Noven is an indirect wholly-owned subsidiary of Hisamitsu Pharmaceutical Co., Inc., and Noven serves as Hisamitsu's growth platform in the U.S. Noven’s business and operations are focused in three principal areas – transdermal drug development and manufacturing, the Novogyne joint venture with Novartis Pharmaceuticals Corporation, and Noven Therapeutics, Noven’s specialty pharmaceutical unit.

Noven’s commercialized transdermal products include Vivelle-Dot® (estradiol transdermal system), the most prescribed estrogen patch in the U.S., and Daytrana® (methylphenidate transdermal system), the first and only patch approved for the treatment of ADHD. Both patches utilize Noven’s proprietary DOT Matrix® transdermal delivery technology. Noven’s commercialized oral products, marketed and sold by Noven Therapeutics, consist of Stavzor® (delayed release valproic acid softgel), Pexeva® (paroxetine mesylate) and Lithobid® (lithium carbonate).

 

 

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