Novabay Pharmaceuticals Inc. (NBY) Sees Positive Results in Latest Anti-infective Product Data, Receives Milestone Payments from Two Licensing Partners
Product development cycles are an aspect of new product development that many investors fail to address as they go about assessing a company. Some years are "work" years while others find revenue growth from work performed years ago. An investor that can find and recognize when that revenue growth is about to happen is one that will profit. Novabay Pharmaceuticals Inc., a clinical stage specialty pharmaceuticals company, works to develop synthetic anti-infective products for in-hospital and out-patient applications. The company's latest product, based on synthetic N-chlorinated molecules, is showing solid progress in later stage development. These results could lead to…