NovaBay Pharmaceuticals Inc (A:NBY)
Business Focus: Biotechnology & Medical Research
| Sector: Healthcare | Industry: Biotechnology & Medical Research |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 2000 Powell St Ste 1150 EMERYVILLE CA 94608-1804 |
| Tel: | 1-310-6917100 |
| Website: | https://novabay.com |
| IR: | See website |
| Key People | ||
| Justin M. Hall Chief Executive Officer, Chief Compliance Officer, General Counsel | Tommy Law Interim Chief Financial Officer, Treasurer | |
| Business Overview |
| NovaBay Pharmaceuticals, Inc. develops and sells scientifically created and clinically proven eyecare and wound care products. Its product, Avenova Antimicrobial Lid and Lash Solution, has antimicrobial properties as it removes foreign material including microorganisms and debris from the skin around the eye, including the eyelid. It offers a portfolio of products for each step of the standard at home treatment regimen, including the Avenova Eye Health Support antioxidant-rich oral supplement, Avenova Lubricating Eye Drops for instant relief, NovaWipes by Avenova, Avenova Warm Eye Compress to soothe the eyes, and the i-Chek by Avenova to monitor physical eyelid health. It also manufactures and sells its proprietary form of hypochlorous acid for the wound care market with its NeutroPhase and PhaseOne branded products. NeutroPhase and PhaseOne are used for cleansing and irrigation as part of surgical procedures, as well as treating certain wounds, burns, ulcers and other injuries. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, NovaBay Pharmaceuticals Inc revenues increased 2% to $14.7M. Net loss applicable to common stockholders increased 3% to $16.7M. Revenues reflect Optical and wound care segment increase of 9% to $11.2M. Basic Earnings per Share excluding Extraordinary Items increased from -$10.10 to -$3.96. |
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