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Stock Market & Financial Investment News

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September 26, 2012
07:32 EDTNBYNovaBay Pharmaceuticals receives $2.6M from partner Galderma
NovaBay Pharmaceuticals announced that it has received $2.6M from partner Galderma S.A., a global leading pharmaceutical company exclusively focused on dermatology. The payment is associated with the clinical advancement of NovaBay's "non-antibiotic, anti-infective" Aganocide compound NVC-422 as a topical formulation moving to replace traditional antibiotics for the impetigo treatment, a highly contagious skin infection caused by common bacteria such as methicillin-resistant Staphylococcus aureus, or MRSA.
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