Noven Pharmaceuticals

Noven Pharmaceuticals

Specialty pharma delivering transdermal medications

Overview

Noven Pharmaceuticals is a specialty pharmaceutical company focused on research, development, manufacture, marketing and sale of prescription medicines, with an emphasis on transdermal drug delivery. Its products reach patients via transdermal patches, which deliver drugs through the skin; the company operates state-of-the-art FDA-approved transdermal manufacturing facilities and has DEA-approved capabilities for controlled substances. It differentiates itself as the growth platform for Hisamitsu Pharmaceutical Co. in the U.S. and as part of the world’s largest transdermal patch producer, backed by substantial patch production capacity. Noven’s goal is to advance patient care through transdermal drug delivery and to grow its U.S. prescription pharmaceutical portfolio for Hisamitsu.

About Noven Pharmaceuticals

Simplify's Rating
Why Noven Pharmaceuticals is rated
C+
Rated B on Competitive Edge
Rated C on Growth Potential
Rated C on Differentiation

Industries

Company Size

501-1,000

Company Stage

N/A

Total Funding

N/A

Headquarters

Miami, Florida

Founded

1987

Get referred to Noven Pharmaceuticals

See people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • January 2025 Mindful Patch strengthens XELSTRYM prescribing stickiness and patient retention.
  • Miami-Dade approved $709,420 for Noven's 24,500-square-foot expansion and 10 new jobs.
  • SECUADO extended shelf life in 2025 preserves inventory and reduces immediate write-offs.

What critics are saying

  • June 1 2026 XELSTRYM API shortage cuts supply across all strengths through October.
  • Noven still relies on aging Miami manufacturing, despite 2024 expansion promises and temporary hires.
  • If XELSTRYM stalls, Noven loses its flagship ADHD franchise and partner confidence fast.

What makes Noven Pharmaceuticals unique

  • XELSTRYM remains the first FDA-approved amphetamine patch for ADHD, launched 2023.
  • Noven pairs transdermal drug delivery with Mindful Patch, an adherence app launched January 2025.
  • Hisamitsu-backed manufacturing in Miami supports patch expertise across ADHD and dermatology products.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Health Insurance

Dental Insurance

Vision Insurance

401(k) Retirement Plan

401(k) Company Match

Tuition Reimbursement

Professional Development Budget

Growth & Insights and Company News

Headcount

6 month growth

↑ 3%

1 year growth

↑ 3%

2 year growth

↑ 3%
HrTechwire
Jan 15th, 2025
Noven Debuts Optional Companion App for Patients with ADHD - Mindful Patch - at APSARD 2025

Noven Pharmaceuticals, Inc., (Noven), a wholly owned subsidiary of Hisamitsu Pharmaceutical Co., Inc., and a leader in pharmaceutical innovation, is proud to announce the launch of its groundbreaking app, Mindful Patch, at APSARD 2025 Annual Conference, taking place from January 16th - 19th in San Diego, California.

The Business Journals
Aug 24th, 2023
Pharmaceutical company could expand Miami-Dade County campus

Noven was acquired by Hisamitsu in 2009.

PR Newswire
Jan 10th, 2023
Xelstrym™ (Dextroamphetamine) Transdermal System, Cii, To Be Revealed As Available Soon At The 2023 American Professional Society Of Adhd And Related Disorders (Apsard) Conference

– XELSTRYM, the first and only amphetamine patch will be available by prescription in Q1 2023 –MIAMI and JERSEY CITY, N.J., Jan. 10, 2023 /PRNewswire/ -- Noven Pharmaceuticals. Inc., (Noven), a wholly owned subsidiary of Hisamitsu Pharmaceutical Co., Inc. focusing on the development of transdermal treatments, announced today that XELSTRYM™ (dextroamphetamine) transdermal system, CII, the first and only FDA-approved amphetamine patch for the treatment of Attention-Deficit/Hyperactivity Disorder (ADHD) in adults and pediatric patients six years and older, will be available across the U.S. for healthcare professionals to prescribe later in the first quarter of 2023.1 In anticipation of this, Noven will be publicly presenting XELSTRYM in a branded capacity for the first time at the American Professional Society of ADHD and Related Disorders (APSARD) Conference being held January 13-15 in Orlando, Florida.As a Platinum Sponsor of the APSARD Conference, Noven is hosting an industry symposium focusing on ADHD in adults, which will be presented by Greg Mattingly, MD, Associate Clinical Professor, Washington University and President Elect of APSARD. "Noven's involvement to highlight ADHD in adults at this year's conference strikes a particular chord of excitement as we've learned efforts are underway to develop and publish guidelines in 2023 for the diagnosis and treatment of ADHD in adults, which will address this critical need for healthcare providers and patients," said Naruhito Higo, PhD, Chief Executive Officer of Noven Pharmaceuticals

Recently Posted Jobs

Sign up to get curated job recommendations

Noven Pharmaceuticals is Hiring for 21 Jobs on Simplify!

Find jobs on Simplify and start your career today

Don't see your dream role? Check out thousands of other roles on Simplify. Browse all jobs →