NOVOPYXIS INC.

Cambridge, MA · Founded 2013 · CIK 0001613912 · Medtech · Private

Droplette, a piezoelectric transducer-based pulmonary delivery device that administers aerosolized therapeutics to the lower airways via ultra-fine droplets (<3 µm)

novopyxis.com →
Grants
$994K
3 awards
Sector median: 1
Raised
$856K
2 Form D · Jul 2017
111 months since last filing
Contracts
—
No federal contracts on record
Patents
8
4 granted · 4 pending
Sector median: 2

Capital Timeline

Federal above the line · equity below · node area scaled to amount
Capital and federal award history
DateEventSourceAmount
Private capital raisedForm D · SEC$343,000
Private capital raisedForm D · SEC$512,932
Federal grant· 1 of 2 same dayDepartment of Health and Human Services · Phase I · Droplette: A Platform Technology to Deliver Nucleic Acid Therapeutics Deep into Tissue for the Treatment of Epidermolysis Bullosa and Other Genetic Diseases$248,585
Federal grant· 2 of 2 same dayDepartment of Health and Human Services · Phase I · Droplette: A Platform Technology for At-Home, Effective, and Rapid Pulmonary Delivery to Reduce Ventilator Use and Hospitalization$496,791
Federal grantDepartment of Health and Human Services · Phase I · Droplette: A Platform Technology for At-Home, Effective, and Rapid Pulmonary Delivery to Reduce Ventilator Use & Hospitalization$248,206
Federal grant · SBIR/STTRForm D · SEC

Peer position

Medtech · 4531 companies · ranked on federal contract value
Medtech companies ranked by federal contract value
#CompanyContractsDisclosed equity
1343LYNX DX, INC.—$925K
1344Aethon Medical——
1345Simulated Inanimate Models LLC—$900K
1346NOVOPYXIS INC.—$856K
1347Eliaz Therapeutics, Inc.—$850K
1348WNT SCIENTIFIC LLC——
1349Echopoint Medical Ltd—$250K

Ranked on federal contract value rather than capital raised. The equity column is the comparison worth making — companies at the same procurement position often sit at very different points in their funding history.

Founders & Team

From Form D filings · 3 related persons
  • Madhavi GaviniDirector · Executive Officer
  • Raja SrinivasDirector
  • Daniel VannoniDirector · Executive Officer

Patents

USPTO · 4 granted of 8

Regulatory activity · Medtech

Sector-level, not company-level

Rules are matched to sector, not to company. Recent activity in a sector is context rather than a signal about this business — until rules are matched to what a company actually builds, the section is shown as context and nothing more.