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Saturday, November 21, 2009, 9:12PM ET - U.S. Markets Closed. Dow Down 0.14% Nasdaq Down 0.50%
Novadel Pharma Inc. (NVD)On Nov 20: 0.23  Down 0.02 (7.96%)  
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Novadel Pharma Inc.
25 Minneakoning Road
Flemington, NJ 08822
United States - Map
Phone: 908-782-3431
Fax: 908-782-2445
Web Site: http://www.novadel.com

DETAILS 
Index Membership:N/A
Sector:Healthcare
Industry:Drug Delivery
Full Time Employees:10

BUSINESS SUMMARY 
NovaDel Pharma Inc., a specialty pharmaceutical company, develops oral spray formulations of a range of marketed pharmaceuticals. The company’s proprietary technology enables delivery of drugs into the bloodstream leading to onset of therapeutic effects. Its oral spray candidates target angina, nausea, insomnia, migraine headaches, and disorders of the central nervous system. NovaDel Pharma’s oral spray products include NitroMist for acute relief of an attack or acute prophylaxis of angina pectoris due to coronary artery disease; and ZolpiMist for Insomnia. The company’s oral spray formulations under development comprise Zensana for nausea and vomiting; Sumatriptan (NVD-201) for migraine remedy; Midazolam oral spray (NVD-301) that is used for sedation during diagnostic, therapeutic, and endoscopic procedures; Sildenafil oral spray (NVD-401), a PDE-5 inhibitor for the treatment of erectile dysfunction; and Fentanyl oral spray (NVD-501), an opiate for the treatment of break through pain in cancer patients. It has strategic license agreements with Hana Biosciences, Inc. to market ondansetron oral spray in the United States and Canada; Par Pharmaceutical, Inc. for marketing NitroMist in the United States and Canada; Manhattan Pharmaceuticals, Inc. for the company’s oral spray technology to deliver propofol for pre-procedural sedation; Velcera Pharmaceuticals, Inc. for marketed veterinary drugs; and BioAlliance Pharma SA for the European rights for Ondansetron oral spray. The company was formerly known as Flemington Pharmaceutical Corporation and changed its name to NovaDel Pharma Inc. in October 2002. NovaDel Pharma was founded in 1982 and is based in Flemington, New Jersey.
Key Statistics

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    CORPORATE GOVERNANCE 
    Novadel Pharma Inc.'s Corporate Governance Quotient (CGQ®) as of 6-Nov-09 is better than 93.1% of CGQ Universe companies and 81.1% of Pharmaceuticals, Biotechnology & Life Sciences companies.
    Brought to you by Institutional Shareholder Services.

    KEY EXECUTIVES 
     PayExercised
    Mr. Steven B. Ratoff , 66
    Chairman, Interim Chief Exec. Officer, Interim Pres, Interim Chief Financial Officer and Corp. Sec.
    $ 20.00K $ 0
    Dr. David H. Bergstrom Ph.D, 54
    Chief Operating Officer and Sr. VP
    $ 361.00K $ 0
    Dr. Deni M. Zodda Ph.D, 55
    Consultant
    $ 288.00K $ 0
    Mr. Joseph W. Warusz CPA, MBA, 53
    Principal Accounting Officer and Consultant
    N/A N/A
    Susan H. Griffin ,
    Director of Investor Relations
    N/A N/A
    Dollar amounts are as of 31-Dec-08 and compensation values are for the last fiscal year ending on that date. "Pay" is salary, bonuses, etc. "Exercised" is the value of options exercised during the fiscal year.
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