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Novast Pharmaceuticals develops and manufactures generic drugs and drug delivery formulations.
Founded in 2005, Novast Pharmaceuticals researches and manufactures drug delivery systems, sustained-release formulations, and generic drugs. It serves pharmaceutical markets in Europe, America, and China, with sales focused mainly on the U.S. Based in Nantong, China, the company raised CNY 400 million in venture funding in January 2021, led by HighLight Capital with Shiyu Capital participating.
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