Billionaire Sam Zell is among a group of savvy investors backing a small North Carolina biotechnology engineering company...
Traditional disinfectants only offer short-term protection
Harmful bacteria and other microorganisms contribute to some of our most urgent and devastating worldwide health emergencies. These infectious microbes are everywhere, costing the economy $50B+ each year in the US alone.
Disinfectant sprays and wipes are the standard tools in our antimicrobial arsenal, but they only offer temporary protection. Once the surface is dry—as soon as 2 minutes after treatment—it’s subject to recontamination.
In high-traffic areas, recontaminated surfaces can be dangerous or even deadly.
Novalent protects for up to 90 days
Novalent is a US biotechnology firm on a mission to engineer long-lasting antimicrobial protection for surfaces, skin, and clothing. Founded by leading antimicrobial scientists in 1998, our team invested two decades into proprietary, patented research before launching our technology in 2019. The groundbreaking result is a spray-on product that continuously inhibits bacteria and other microorganisms on surfaces for up to 90 days.
- Novalent technology is applied to a clean, disinfected surface
- Creates an invisible antimicrobial protective layer which continuously inhibits bacteria after application
- Non-toxic and environmentally friendly—approved by the EPA
Lab-tested, EPA approved surface protectant and FDA -listed hand sanitizer
We have launched two successful products based on our patented technology:
Novalent AM 90-day surface protectant
Novalent Shield+ 24-hour hand sanitizer
Both are made in our Greensboro, NC manufacturing facility, and are available to businesses and consumers in the US and Australia. Our technology has been approved by the US EP are FDA listed and has been independently tested by leading international laboratories.
Novalent Shield+ hand sanitizer is based on the same antimicrobial technology as Novalent AM, and offers distinct advantages over market leaders like Purell:
- Protects against germs for 24 hours
- Non-toxic & doesn’t wash off in water
- Alcohol-free, doesn’t dry out skin
$7.7M revenue in 2020
In September 2020, Novalent Shield+ was honored as the winner of the prestigious Good Design Award—making ours the first hand sanitizer ever recognized by a design award.
Used by global leaders across industries
Industry giants like PepsiCo, Sabra, and Starbucks are testing and adopting Novalent products as an effective precaution against microbial contamination. Other companies in testing to add Novalent into their standard operating procedures include:
B2B and retail sales channels
We sell our products directly to some of the world’s largest corporations, and direct to consumers through the Novalent e-store. To date, we have shipped more than 100K units through our retail sales channels, with gross margins of 70%+.
We are making ongoing investments into social media marketing, including securing a total reach of over 250K on Instagram through our Novalent ambassador program.
$80B+ annually in global disinfectant spending
Our technology adds value to businesses and institutions spanning countless industries. As a point of reference when considering Novalent’s potential share: the leading food safety and healthcare chemical firm, Ecolab, has a market cap of $40B.
Our opportunities are far and wide, and we’ve only begun to see early adoption.
Unique patent-protected products
Industry standard surface disinfectants and hand sanitizers all suffer from the same limitation: they kill germs on contact, but only last a few minutes. Novalent products protect against microorganisms for far longer than these legacy products.
They also carry other unique advantages, relative to industry-leading products like Purell hand sanitizer:
Backed by world-renowned investors and executives
Our backers include executives associated with major international corporations and financial institutions.
100+ years combined industry experience
Novalent is chaired by Bill Massa, one of the most experienced private equity CEOs in the US. Bill has been a CEO for five private equity-backed companies, and served as Executive Chair and Operating Partner for ten portfolio companies, with combined value in excess of $10B.
The majority of these companies were in the specialty chemicals space, and ranged in size from $20M to over $1B in revenue.
He has been the CEO of portfolio companies of leading private equity firms, including The Blackstone Group and The Carlyle Group, with $650B and $250B AUM, respectively.
FDA-listed means that Novalent’s hand sanitizer has been issued an NDC-code by FDA and is available for commercial sale. FDA does not ‘approve’ any hand sanitizer.
Risks of early stage investment. Not an offer to buy or sell securities. This is a long-term speculative illiquid investment. Investment is not FDIC or SiPC insured.
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