NovaXS Biotech Corp.

NovaXS Biotech Corp.

Needle-free self-injection technology | Ease of use, painless, better care

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Security Type
Crowd SAFE
Min Investment
$100
Location
TRABUCO CANYON, CA
Offering Date
October 17, 2022
Expected Close Date
February 03, 2023
Target Raise
$25.00K-$1.24M
No. Investors
228
Security Price
$1
Website
novaxs.co
Number of Employees
5
Cash
$297,216
Revenue
$0
Short Term Debt
$7,872
Cost of Goods
$0
Long Term Debt
$290,000
Net Income
$-62,494

Company Description

NovaXS has created a smart needle-free injection system that simplifies the medication self-administration process and improves remote treatment outcome, allowing patients to draw the medications from the vial, expel the air bubble in the cartridge, varify the dosage volume, administer the medications and track treatment progress with one simple click on the device.

Perks

Reserve
$1,500
Receive
15-minute call with the founders

Reserve
$5,000
Receive
Quarterly investor update

Reserve
$10,000
Receive
Invitation to our private technology showcase event in 2023

Key Deal Facts

Needle-free drug delivery, ease of use, remote treatment adherence tracking
Wide indications, including infertility, diabetes, allergies & more
Now finalizing prototypes | Targeting commercial launch in Q2 2024
Secured strategic partnerships with Pharmas and Healthcare Systems
Filed 4 intellectual properties to protect the technology
Backed by Baxter, Edward-Elmhurst Health, mHUB, Courtyard Ventures & more
Featured by Forbes, TechCrunch, MassDevice, UChicago and UC Berkeley

Management Team / Advisory Board Bios

Alina Su
Founder & CEO
Harvard Medical School PhD candidate; Medical Device Inventor

Jonathan Xing
Co-founder & COO
Booth MBA Candidate; Serial Entrepreneur with Successful Exit

Alex Zou
Co-founder & Chief Technology Advisor
UC Berkeley Electroengineering PhD Candidate; Industrial Designer

Reed McCalmon
CFO
10+ years experience in biotech finance

Sean McKibben
VP, Doctor Relations
Former President at Mount Carmel Hospital and University Hospitals; Entrepreneur in Medical Device

Haley Titus, PhD
VP, Clinical Operations
Northwestern University Neurology PhD; 10+ Experience in Clinical Study Design

Shuhua Zhang
Software Lead
5+ Year Experience in Software Development; Developer with Entrepreneurial Experience

Irina Conboy, PhD
Board Advisor
Bioengineering Professor at UC Berkeley; Regenerative Medicine Pioneer

David Harrell
Board Advisor
Former Founder & CEO at OptimizeRX

Frederic Zussa
Board Advisor
Former Director of Corporate Strategy & Innovation at Pfizer

James Wetrich
Board Advisor
Former President at Reapplix
Amount Raised : $113,343
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Security Description

An equity crowdfunding specific version of a SAFE used by crowdfunding portal Republic. Upon conversion (if and when that happens), investors may receive special shares with limited rights that do not show up on a company’s cap table. The issuer may roll over and not convert shares at the next financing round causing investors to lose out on some upside.

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