PolyNovo Limited
↗Port Melbourne, Australia
PolyNovo Limited is an Australian-based medical technology company that specializes in the design, manufacture, and commercialization of dermal regeneration solutions. The company's core technology, NovoSorb, is a patented bioabsorbable polymer platform that can be manufactured into various formats such as foam, films, and coatings to support tissue repair and regeneration.
Its flagship product, NovoSorb BTM (Biodegradable Temporizing Matrix), is a synthetic dermal scaffold used to treat complex wounds, including severe burns, trauma, and surgical wounds. Unlike animal-derived alternatives, NovoSorb is fully synthetic, reducing the risk of rejection and infection. The company is currently expanding its product portfolio into new therapeutic areas such as hernia repair, breast reconstruction, and chronic wound management.
CLASSIFICATION
SIZE & FINANCIALS
Employees:201-500
Revenue:$100M-$150M
Founded:1998
Ownership:public
Status:operating
FUNDING
Stage:Public
Total Raised:$100M+
Investors:Victorian Government, Biomedical Advanced Research and Development Authority (BARDA), FIL Investment Management, State Street Global Advisors
STOCK
Exchange:ASX
Ticker:PNV
Market Cap:$539M
PIPELINE
Stage:Commercial
Lead Drug Stage:Commercial (NovoSorb BTM, NovoSorb MTX)
Modalities:Synthetic Biodegradable Polymers, Dermal Scaffolds
Active Trials:3
Trial Phases:Phase 2: 1 | Phase 3: 1 | Phase 4: 1
FDA Approvals:2
EMA Approvals:1
CORPORATE STRUCTURE
Subsidiaries:PolyNovo Biomaterials Pty Limited, PolyNovo North America LLC, PolyNovo UK Limited, PolyNovo Biomaterials India Private Limited
Key Partnerships:BARDA (Funding and clinical trial support for burns), Spectral AI (Collaboration to introduce DeepView System for burns), Beta Cell Technologies (Supplying BTM for clinical trials in diabetes)
COMPETITION
Position:Leader
Competitors:Smith & Nephew, Avita Medical, Integra LifeSciences, Kerecis, Mölnlycke Health Care
LEADERSHIP
Key Executives:
Bruce Peatey - CEO
Jan Gielen - CFO & Company Secretary
Leon Hoare - Non-Executive Chairman
Scientific Founders:Thilak Gunatillake, Raju Adhikari, Roshan Mayadunne, Prof. John Greenwood
Board Members:Leon Hoare, Robyn Elliott, Christine Emmanuel-Donnelly, Andrew Lumsden, Robert Douglas
LINKS
Disclaimer: IntuitionLabs.ai is not affiliated with, endorsed by, or associated with PolyNovo Limited. The information on this page was collected and compiled using AI agents from publicly available sources. While we strive for accuracy, this data may be incomplete, outdated, or contain errors. For official information, please visit the company's website directly. If you notice any inaccurate information, please contact us.