NovaBioAssays

NovaBioAssays

Is this your company? Claim your profile to update info and connect with investors.
Claim profile

Private Company

Total funding raised: $18.5M

Overview

NovaBioAssays is a privately held, revenue-generating CRO providing specialized bioanalytical and characterization services to the biopharmaceutical industry. Leveraging advanced mass spectrometry and other analytical technologies, the company supports clients across diverse therapeutic areas from discovery through regulatory filing. With a team of industry veterans and state-of-the-art facilities, it serves a global clientele that includes top-tier biopharma companies, biotechs, and academic institutions, positioning itself as a partner for complex analytical challenges in modern drug development.

DiagnosticsAntibodies

Technology Platform

Advanced mass spectrometry (LC-MS/MS, LC-HRMS, HDX-MS), liquid chromatography, and ligand-binding assays for bioanalysis and characterization of proteins, antibodies, ADCs, oligonucleotides, small molecules, and gene therapy vectors.

Funding History

2
Total raised:$18.5M
Series A$15M
Seed$3.5M

Opportunities

Growing demand for specialized analytical services driven by the increasing complexity of novel therapeutic modalities like ADCs, oligonucleotides, and gene therapies.
Strategic location in the Boston biotech hub provides access to a dense network of innovative biopharma companies and academic institutions.

Risk Factors

High competition in the CRO market from both large global players and niche specialists.
Reliance on continuous capital investment to maintain state-of-the-art instrumentation and on retaining specialized talent in a competitive labor market.

Competitive Landscape

Operates in a crowded CRO market, competing against large, full-service organizations (e.g., LabCorp, IQVIA) and numerous specialized boutique labs. Differentiates through deep expertise in complex modalities, a partnership-oriented approach, and a team with direct big pharma R&D experience.