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Ovation Science

Vancouver, British Columbia, Canadaovationscience.com ↗

Ownership: Public · OVAT
Development stage: Commercial

Overview

Ovation Science has developed a patented topical and transdermal drug delivery platform called Invisicare®, which enhances the skin absorption of cannabinoids such as CBD and THC. The company licenses its technology to partners who manufacture and market finished products in North America. Its product lines include Invibe MD (wellness) and ARLO CBD Beauty (skincare). The company does not conduct or report traditional pharmaceutical clinical trials but leverages over 20 years of experience in topical/transdermal formulation development[1][6].

Therapeutic areas: OtherDermatologyNeurology
Modalities: Small moleculeBiologicTopical/transdermal delivery
Industry: Non-Drug Biotech

Drug pipeline

2 assets

Invibe MD

Commercial

Indications: Health and wellness

1 more asset in the full pipeline.

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Partnerships

PA Options for Wellness Inc. ("PA Options") – Pennsylvania medical cannabis market licensee

Financials

Market cap: $6.9M
Total revenue: $12.7M

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