Novast

formerly Novast Holdings Limited

China's leading specialty pharmaceutical developer and CDMO.

Nantong, China · Founded 2005 · $247.9M raised

Healthcare
Biotech
Generic Drugs
Headquarters
Nantong
Employees
501–1000
Founded
2005
Business Model
B2B
Total Funding
$247.9M
Last Round
$61.9M Series FJan 2021
Rounds
4

About

Novast Holdings Limited is a China-based specialty pharmaceutical holding company whose subsidiary, Novast Laboratories, designs, develops, and manufactures finished pharmaceutical products and API formulations for worldwide markets. As a U.S. FDA-inspected generic and specialty pharmaceutical company, Novast offers contract development and manufacturing services (CDMO) for both generic and innovator companies, with business units in China and the United States. Its product portfolio includes oral contraceptives, hormonal drug products, conventional dosage forms, and high-containment oncology dosage forms (HPAPIs). In 2012, Novast signed a development and supply agreement with Eli Lilly to jointly develop and commercialize branded products in the China market. The company launched its products into the U.S. market in 2012.

Summary

Novast is a Healthcare company based in Nantong, China, founded in 2005. It has raised $247.9M in total across 4 rounds, most recently a $61.9M Series F round in Jan 2021. Investors include HighLight Capital.

Funding History

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Series FSeries FJan 2021
$61.9M

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Corporate Round through Series F — per-round amounts, valuations, and who invested in each round.

Investors

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