Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil EL&P Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries NovaBay Pharmaceuticals Advancing Products Portfolio Earns Analyst Price Target 1638% Higher Than Current ($NBY) By: AB Newswire June 20, 2023 at 04:56 AM EDT NovaBay Pharmaceuticals, Inc. (AMEX: NBY) stock presents a compelling value investment opportunity. In fact, an analyst at Ascendiant Capital has modeled for a 1639% upside from its current $0.69 price. Those targets aren't arbitrary; they're calculated using meticulous input derived from examining current market opportunities and then factoring in expected growth, market size, and the company's ability to reach its target audience. NovaBay, according to Ascendiant's research, checks those boxes. (*share prince on Yahoo! Finance, 06/19/23, 09:56 AM EST) While reaching the $12 target may sound overly ambitious, the combined value of NBY's parts does support the bullish case. In fact, billions in consumer spending are in play as NBY targets opportunities in the eye, skin, and wound care markets. Generally speaking, a best-in-class product is all it takes to reach consumers in those sectors. Fortunately, NovaBay has several: its Avenova-branded eye care products, DERMAdoctor skin care products, and PhaseOne wound care products. These products are more than just revenue generators for NBY; they also diversify the company’s market presence, provide it with multiple income streams, and position it ideally to capture market share in several high-dollar consumer markets. In other words, plenty supports the presumption that NBY is undervalued at its current levels. And it's not just conjecture; tangible proof suggests NovaBay is doing the right things at the right time to shift its growth pace from hyper to warp speed. Penetrating Diverse Markets With Excellent Products: Eye Care As mentioned earlier, one of NovaBay’s greatest strengths is its ability to penetrate diverse markets with excellent products. Significant contributors to NBY’s accelerating growth are its clinically proven eye care and skincare products. NovaBay's leading product, Avenova® Antimicrobial Lid & Lash Solution, is available through prescription and online channels like Amazon (NASDAQ: AMZN) and is prescribed by eyecare professionals for blepharitis and dry-eye disease. The strength and popularity of Avenova have led to NBY announcing a partnership with Eyeganics to sell OTC Organic Tears (0.2% organic glycerin) on Avenova.com and through Avenova's physician-dispensed channel. Organic Tears has no additives or artificial chemicals and is the only lubricant eye drop certified by the USDA as 100% organic and preservative-free. Like its other products, NBY believes that simplicity works. Organic Tears are formulated using only three ingredients – organic glycerin (oil from organic vegetables), salt, and water – and are incredibly refreshing to dry eyes. Beyond appealing to consumers from its clean formulation, this product utilizes a new technology allowing each bottle to dispense more than 250 drops of Organic Tears, providing a cost and convenience advantage over other preservative-free artificial tears that rely on single-use vials. That distinction puts and keeps a $68 billion global ophthalmic therapeutics market in play. Skin And Wound Care: NeutroPhase Skin In addition to its products that target the eye care market, NBY is also capitalizing upon other enormous market opportunities, particularly those within the skin and wound care industries. For example, the company recently announced fulfilling a $1 million order for its NeutroPhase Skin and Wound Cleanser for China Pioneer Pharma Holdings, Limited. This partnership can yield additional revenue-generating deals, considering that China Pioneer is a prominent importer and marketer of branded pharmaceuticals and medical devices in China. Moreover, it demonstrates NovaBay's increasing presence in international markets. Notably, there’s good reason for China Pioneers' interest in NBY’s offerings. NovaBay’s NeutroPhase is a proprietary, FDA-cleared, 510(k) skin and wound cleanser containing pure hypochlorous acid in saline. Intended for use under the supervision of healthcare professionals, NeutroPhase has been cleared for cleansing and removal of foreign material, including microorganisms and debris, from wounds. And when it comes to efficacy, it's advantages are clear, standing tall against segment products from Johnson & Johnson (NYSE: JNJ), Bristol Myers Squibb (NYSE: BMY), and Merck (NYSE: MRK). NeutroPhase stands out for its superior purity, power, and gentleness on the skin and new tissue. That’s primarily because, unlike many other wound care products, NeutroPhase does not contain toxic chemicals, making it a preferred choice among healthcare professionals. That decision is easy to justify. NeutroPhase's efficacy is unparalleled in the wound care market, demonstrating the ability to kill bacteria that infect wounds and neutralize toxins that can impede healing and destroy healthy tissue. Another benefit is that NeutroPhase is non-toxic and can be safely used on any wound as frequently as needed. However, its most noteworthy advantage is its capacity to penetrate and eliminate biofilm, a major obstacle to wound healing. In addition to these remarkable attributes, NeutroPhase synergizes greatly with NBY’s other skin and wound care offerings. PhaseOne is another NBY wound care product that exemplifies the complementary nature of the company’s portfolio. Also manufactured in the United States, NovaBay markets PhaseOne under its PhaseOne Health brand. The effectiveness of PhaseOne has been independently documented in a study titled "Comparative Antimicrobial Activity of Commercial Wound Care Solutions on Bacterial and Fungal Biofilms," published in the peer-reviewed journal Annals of Plastic Surgery. Combined, the two wound-care products provide considerable revenue firepower and aid in expanding NBY's market reach, both vital measures for keeping NBY a leader in advanced wound care. Notably, the global wound care market was worth $18.4 billion in 2022 and, with over 5% CAGR, is projected to reach USD 30.2 billion by 2032. There's still more to appreciate. Expanding its Market Presence With DERMAdoctor Low-float NBY, with just 1.56 million shares trading as of 5/30/23, is advancing its stake in other high-dollar treatment and care markets. NovaBay successfully expanded its product offerings and entered new markets, including the launch of DERMAdoctor® Comfort + Joy Psoriasis Therapeutic Moisturizing Cream. This diversification strategy enhances the company's revenue streams and creates opportunities to accelerate an already fast pace of market penetration. Moreover, combining the ultra-low share float with a best-in-class product targeting a multi-billion rev-gen opportunity, it wouldn't take much to light a fuse to NBY's share price. Such an event could come sooner than later. Fueling that potential, NovaBay recently launched a new product in collaboration with DERMAdoctor. In what could lead to extraordinary sales, Chief Product Officer and board-certified dermatologist Dr. Audrey Kunin introduced the innovative DERMAdoctor Comfort + Joy Psoriasis Therapeutic Moisturizing Cream with 3% Salicylic Acid as an on-air guest on the QVC network. It's an ideal forum to showcase the product's ability to provide effective treatment and relief for individuals suffering from the symptoms of psoriasis. Keep in mind that the psoriasis treatment market is no small opportunity. Psoriasis affects approximately 125 million people worldwide, with nearly 8 million individuals impacted in the United States alone. The debilitating condition often impacts the daily lives of those affected, causing itching, scaling, redness, flaking, and irritation. Understanding the opportunity and, as importantly, the challenges faced by psoriasis patients, NovaBay and DERMAdoctor developed the new moisturizing cream to alleviate psoriasis symptoms. The product combines maximum-strength salicylic acid, known for its ability to control psoriasis symptoms and relieve itching, with other key ingredients such as ceramides, hyaluronic acid, and squalene to help restore essential moisture and maintain the skin's barrier function. Checking more of the right boxes, the cream is steroid-free and fragrance-free, offers a clean formulation suitable for even the most sensitive skin, and provides relief while preventing the recurrence of psoriasis symptoms. The QVC appearance could be a milestone-turned-catalyst for sales, representing a potential watershed moment for new and hoped-for recurring revenues. Positioned To Rally In 2023 All told, NBY appears positioned to surge. Indeed, it's a bullish presumption made by simply connecting the dots and recognizing the combined strength of NBY's various components. Revenues are growing, overhead is being reduced, and the company is in the fast lane for introducing its products to a mass audience. Furthermore, a string of working partnerships and effective utilization of digital marketing technologies to reach consumers is expected to lead to additional accretive growth this year. More simply, NBY is operating on all revenue-generating cylinders. And that can translate to exceptional returns for investors seizing the valuation disconnect. Remember, Ascendiant lays out the case for how NovaBay shares could reach $12 in the next 12 months. It's not the result of NBY standing still on its current merits; instead, it's modeled from NovaBay finding its footing in a massive combined target market opportunity, where earning just a small share can amount to hundreds of millions in sales. Strong management, accretive deals, and an ambitious 2023 marketing agenda put that target in the crosshairs. And if all stays on plan, exponential revenue growth could be scored faster than many expect. Disclaimers: Shore Thing Media, LLC. (STM, Llc.) is responsible for the production and distribution of this content. STM, Llc. is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available by STM, Llc. is not intended to be, nor does it constitute, investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report and publication. In no event shall STM, Llc. be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or made available by STM, Llc., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. STM, Llc. strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, STM, Llc., its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. STM, LLC has been compensated up to five-thousand-dollars cash via wire transfer by a third party to produce and syndicate content for NovaBay Pharmaceuticals, Inc. for a period of two weeks ending on 7/01/23. As part of that content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found on our website. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. Media ContactCompany Name: STM, LLC.Contact Person: Michael ThomasEmail: Send EmailCountry: United StatesWebsite: https://primetimeprofiles.com/ Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
NovaBay Pharmaceuticals Advancing Products Portfolio Earns Analyst Price Target 1638% Higher Than Current ($NBY) By: AB Newswire June 20, 2023 at 04:56 AM EDT NovaBay Pharmaceuticals, Inc. (AMEX: NBY) stock presents a compelling value investment opportunity. In fact, an analyst at Ascendiant Capital has modeled for a 1639% upside from its current $0.69 price. Those targets aren't arbitrary; they're calculated using meticulous input derived from examining current market opportunities and then factoring in expected growth, market size, and the company's ability to reach its target audience. NovaBay, according to Ascendiant's research, checks those boxes. (*share prince on Yahoo! Finance, 06/19/23, 09:56 AM EST) While reaching the $12 target may sound overly ambitious, the combined value of NBY's parts does support the bullish case. In fact, billions in consumer spending are in play as NBY targets opportunities in the eye, skin, and wound care markets. Generally speaking, a best-in-class product is all it takes to reach consumers in those sectors. Fortunately, NovaBay has several: its Avenova-branded eye care products, DERMAdoctor skin care products, and PhaseOne wound care products. These products are more than just revenue generators for NBY; they also diversify the company’s market presence, provide it with multiple income streams, and position it ideally to capture market share in several high-dollar consumer markets. In other words, plenty supports the presumption that NBY is undervalued at its current levels. And it's not just conjecture; tangible proof suggests NovaBay is doing the right things at the right time to shift its growth pace from hyper to warp speed. Penetrating Diverse Markets With Excellent Products: Eye Care As mentioned earlier, one of NovaBay’s greatest strengths is its ability to penetrate diverse markets with excellent products. Significant contributors to NBY’s accelerating growth are its clinically proven eye care and skincare products. NovaBay's leading product, Avenova® Antimicrobial Lid & Lash Solution, is available through prescription and online channels like Amazon (NASDAQ: AMZN) and is prescribed by eyecare professionals for blepharitis and dry-eye disease. The strength and popularity of Avenova have led to NBY announcing a partnership with Eyeganics to sell OTC Organic Tears (0.2% organic glycerin) on Avenova.com and through Avenova's physician-dispensed channel. Organic Tears has no additives or artificial chemicals and is the only lubricant eye drop certified by the USDA as 100% organic and preservative-free. Like its other products, NBY believes that simplicity works. Organic Tears are formulated using only three ingredients – organic glycerin (oil from organic vegetables), salt, and water – and are incredibly refreshing to dry eyes. Beyond appealing to consumers from its clean formulation, this product utilizes a new technology allowing each bottle to dispense more than 250 drops of Organic Tears, providing a cost and convenience advantage over other preservative-free artificial tears that rely on single-use vials. That distinction puts and keeps a $68 billion global ophthalmic therapeutics market in play. Skin And Wound Care: NeutroPhase Skin In addition to its products that target the eye care market, NBY is also capitalizing upon other enormous market opportunities, particularly those within the skin and wound care industries. For example, the company recently announced fulfilling a $1 million order for its NeutroPhase Skin and Wound Cleanser for China Pioneer Pharma Holdings, Limited. This partnership can yield additional revenue-generating deals, considering that China Pioneer is a prominent importer and marketer of branded pharmaceuticals and medical devices in China. Moreover, it demonstrates NovaBay's increasing presence in international markets. Notably, there’s good reason for China Pioneers' interest in NBY’s offerings. NovaBay’s NeutroPhase is a proprietary, FDA-cleared, 510(k) skin and wound cleanser containing pure hypochlorous acid in saline. Intended for use under the supervision of healthcare professionals, NeutroPhase has been cleared for cleansing and removal of foreign material, including microorganisms and debris, from wounds. And when it comes to efficacy, it's advantages are clear, standing tall against segment products from Johnson & Johnson (NYSE: JNJ), Bristol Myers Squibb (NYSE: BMY), and Merck (NYSE: MRK). NeutroPhase stands out for its superior purity, power, and gentleness on the skin and new tissue. That’s primarily because, unlike many other wound care products, NeutroPhase does not contain toxic chemicals, making it a preferred choice among healthcare professionals. That decision is easy to justify. NeutroPhase's efficacy is unparalleled in the wound care market, demonstrating the ability to kill bacteria that infect wounds and neutralize toxins that can impede healing and destroy healthy tissue. Another benefit is that NeutroPhase is non-toxic and can be safely used on any wound as frequently as needed. However, its most noteworthy advantage is its capacity to penetrate and eliminate biofilm, a major obstacle to wound healing. In addition to these remarkable attributes, NeutroPhase synergizes greatly with NBY’s other skin and wound care offerings. PhaseOne is another NBY wound care product that exemplifies the complementary nature of the company’s portfolio. Also manufactured in the United States, NovaBay markets PhaseOne under its PhaseOne Health brand. The effectiveness of PhaseOne has been independently documented in a study titled "Comparative Antimicrobial Activity of Commercial Wound Care Solutions on Bacterial and Fungal Biofilms," published in the peer-reviewed journal Annals of Plastic Surgery. Combined, the two wound-care products provide considerable revenue firepower and aid in expanding NBY's market reach, both vital measures for keeping NBY a leader in advanced wound care. Notably, the global wound care market was worth $18.4 billion in 2022 and, with over 5% CAGR, is projected to reach USD 30.2 billion by 2032. There's still more to appreciate. Expanding its Market Presence With DERMAdoctor Low-float NBY, with just 1.56 million shares trading as of 5/30/23, is advancing its stake in other high-dollar treatment and care markets. NovaBay successfully expanded its product offerings and entered new markets, including the launch of DERMAdoctor® Comfort + Joy Psoriasis Therapeutic Moisturizing Cream. This diversification strategy enhances the company's revenue streams and creates opportunities to accelerate an already fast pace of market penetration. Moreover, combining the ultra-low share float with a best-in-class product targeting a multi-billion rev-gen opportunity, it wouldn't take much to light a fuse to NBY's share price. Such an event could come sooner than later. Fueling that potential, NovaBay recently launched a new product in collaboration with DERMAdoctor. In what could lead to extraordinary sales, Chief Product Officer and board-certified dermatologist Dr. Audrey Kunin introduced the innovative DERMAdoctor Comfort + Joy Psoriasis Therapeutic Moisturizing Cream with 3% Salicylic Acid as an on-air guest on the QVC network. It's an ideal forum to showcase the product's ability to provide effective treatment and relief for individuals suffering from the symptoms of psoriasis. Keep in mind that the psoriasis treatment market is no small opportunity. Psoriasis affects approximately 125 million people worldwide, with nearly 8 million individuals impacted in the United States alone. The debilitating condition often impacts the daily lives of those affected, causing itching, scaling, redness, flaking, and irritation. Understanding the opportunity and, as importantly, the challenges faced by psoriasis patients, NovaBay and DERMAdoctor developed the new moisturizing cream to alleviate psoriasis symptoms. The product combines maximum-strength salicylic acid, known for its ability to control psoriasis symptoms and relieve itching, with other key ingredients such as ceramides, hyaluronic acid, and squalene to help restore essential moisture and maintain the skin's barrier function. Checking more of the right boxes, the cream is steroid-free and fragrance-free, offers a clean formulation suitable for even the most sensitive skin, and provides relief while preventing the recurrence of psoriasis symptoms. The QVC appearance could be a milestone-turned-catalyst for sales, representing a potential watershed moment for new and hoped-for recurring revenues. Positioned To Rally In 2023 All told, NBY appears positioned to surge. Indeed, it's a bullish presumption made by simply connecting the dots and recognizing the combined strength of NBY's various components. Revenues are growing, overhead is being reduced, and the company is in the fast lane for introducing its products to a mass audience. Furthermore, a string of working partnerships and effective utilization of digital marketing technologies to reach consumers is expected to lead to additional accretive growth this year. More simply, NBY is operating on all revenue-generating cylinders. And that can translate to exceptional returns for investors seizing the valuation disconnect. Remember, Ascendiant lays out the case for how NovaBay shares could reach $12 in the next 12 months. It's not the result of NBY standing still on its current merits; instead, it's modeled from NovaBay finding its footing in a massive combined target market opportunity, where earning just a small share can amount to hundreds of millions in sales. Strong management, accretive deals, and an ambitious 2023 marketing agenda put that target in the crosshairs. And if all stays on plan, exponential revenue growth could be scored faster than many expect. Disclaimers: Shore Thing Media, LLC. (STM, Llc.) is responsible for the production and distribution of this content. STM, Llc. is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available by STM, Llc. is not intended to be, nor does it constitute, investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report and publication. In no event shall STM, Llc. be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or made available by STM, Llc., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. STM, Llc. strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, STM, Llc., its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. STM, LLC has been compensated up to five-thousand-dollars cash via wire transfer by a third party to produce and syndicate content for NovaBay Pharmaceuticals, Inc. for a period of two weeks ending on 7/01/23. As part of that content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found on our website. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions or future events or performance are not statements of historical fact may be forward looking statements. Forward looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. Media ContactCompany Name: STM, LLC.Contact Person: Michael ThomasEmail: Send EmailCountry: United StatesWebsite: https://primetimeprofiles.com/
NovaBay Pharmaceuticals, Inc. (AMEX: NBY) stock presents a compelling value investment opportunity. In fact, an analyst at Ascendiant Capital has modeled for a 1639% upside from its current $0.69 price. Those targets aren't arbitrary; they're calculated using meticulous input derived from examining current market opportunities and then factoring in expected growth, market size, and the company's ability to reach its target audience. NovaBay, according to Ascendiant's research, checks those boxes. (*share prince on Yahoo! Finance, 06/19/23, 09:56 AM EST) While reaching the $12 target may sound overly ambitious, the combined value of NBY's parts does support the bullish case. In fact, billions in consumer spending are in play as NBY targets opportunities in the eye, skin, and wound care markets. Generally speaking, a best-in-class product is all it takes to reach consumers in those sectors. Fortunately, NovaBay has several: its Avenova-branded eye care products, DERMAdoctor skin care products, and PhaseOne wound care products. These products are more than just revenue generators for NBY; they also diversify the company’s market presence, provide it with multiple income streams, and position it ideally to capture market share in several high-dollar consumer markets. In other words, plenty supports the presumption that NBY is undervalued at its current levels. And it's not just conjecture; tangible proof suggests NovaBay is doing the right things at the right time to shift its growth pace from hyper to warp speed. Penetrating Diverse Markets With Excellent Products: Eye Care As mentioned earlier, one of NovaBay’s greatest strengths is its ability to penetrate diverse markets with excellent products. Significant contributors to NBY’s accelerating growth are its clinically proven eye care and skincare products. NovaBay's leading product, Avenova® Antimicrobial Lid & Lash Solution, is available through prescription and online channels like Amazon (NASDAQ: AMZN) and is prescribed by eyecare professionals for blepharitis and dry-eye disease. The strength and popularity of Avenova have led to NBY announcing a partnership with Eyeganics to sell OTC Organic Tears (0.2% organic glycerin) on Avenova.com and through Avenova's physician-dispensed channel. Organic Tears has no additives or artificial chemicals and is the only lubricant eye drop certified by the USDA as 100% organic and preservative-free. Like its other products, NBY believes that simplicity works. Organic Tears are formulated using only three ingredients – organic glycerin (oil from organic vegetables), salt, and water – and are incredibly refreshing to dry eyes. Beyond appealing to consumers from its clean formulation, this product utilizes a new technology allowing each bottle to dispense more than 250 drops of Organic Tears, providing a cost and convenience advantage over other preservative-free artificial tears that rely on single-use vials. That distinction puts and keeps a $68 billion global ophthalmic therapeutics market in play. Skin And Wound Care: NeutroPhase Skin In addition to its products that target the eye care market, NBY is also capitalizing upon other enormous market opportunities, particularly those within the skin and wound care industries. For example, the company recently announced fulfilling a $1 million order for its NeutroPhase Skin and Wound Cleanser for China Pioneer Pharma Holdings, Limited. This partnership can yield additional revenue-generating deals, considering that China Pioneer is a prominent importer and marketer of branded pharmaceuticals and medical devices in China. Moreover, it demonstrates NovaBay's increasing presence in international markets. Notably, there’s good reason for China Pioneers' interest in NBY’s offerings. NovaBay’s NeutroPhase is a proprietary, FDA-cleared, 510(k) skin and wound cleanser containing pure hypochlorous acid in saline. Intended for use under the supervision of healthcare professionals, NeutroPhase has been cleared for cleansing and removal of foreign material, including microorganisms and debris, from wounds. And when it comes to efficacy, it's advantages are clear, standing tall against segment products from Johnson & Johnson (NYSE: JNJ), Bristol Myers Squibb (NYSE: BMY), and Merck (NYSE: MRK). NeutroPhase stands out for its superior purity, power, and gentleness on the skin and new tissue. That’s primarily because, unlike many other wound care products, NeutroPhase does not contain toxic chemicals, making it a preferred choice among healthcare professionals. That decision is easy to justify. NeutroPhase's efficacy is unparalleled in the wound care market, demonstrating the ability to kill bacteria that infect wounds and neutralize toxins that can impede healing and destroy healthy tissue. Another benefit is that NeutroPhase is non-toxic and can be safely used on any wound as frequently as needed. However, its most noteworthy advantage is its capacity to penetrate and eliminate biofilm, a major obstacle to wound healing. In addition to these remarkable attributes, NeutroPhase synergizes greatly with NBY’s other skin and wound care offerings. PhaseOne is another NBY wound care product that exemplifies the complementary nature of the company’s portfolio. Also manufactured in the United States, NovaBay markets PhaseOne under its PhaseOne Health brand. The effectiveness of PhaseOne has been independently documented in a study titled "Comparative Antimicrobial Activity of Commercial Wound Care Solutions on Bacterial and Fungal Biofilms," published in the peer-reviewed journal Annals of Plastic Surgery. Combined, the two wound-care products provide considerable revenue firepower and aid in expanding NBY's market reach, both vital measures for keeping NBY a leader in advanced wound care. Notably, the global wound care market was worth $18.4 billion in 2022 and, with over 5% CAGR, is projected to reach USD 30.2 billion by 2032. There's still more to appreciate. Expanding its Market Presence With DERMAdoctor Low-float NBY, with just 1.56 million shares trading as of 5/30/23, is advancing its stake in other high-dollar treatment and care markets. NovaBay successfully expanded its product offerings and entered new markets, including the launch of DERMAdoctor® Comfort + Joy Psoriasis Therapeutic Moisturizing Cream. This diversification strategy enhances the company's revenue streams and creates opportunities to accelerate an already fast pace of market penetration. Moreover, combining the ultra-low share float with a best-in-class product targeting a multi-billion rev-gen opportunity, it wouldn't take much to light a fuse to NBY's share price. Such an event could come sooner than later. Fueling that potential, NovaBay recently launched a new product in collaboration with DERMAdoctor. In what could lead to extraordinary sales, Chief Product Officer and board-certified dermatologist Dr. Audrey Kunin introduced the innovative DERMAdoctor Comfort + Joy Psoriasis Therapeutic Moisturizing Cream with 3% Salicylic Acid as an on-air guest on the QVC network. It's an ideal forum to showcase the product's ability to provide effective treatment and relief for individuals suffering from the symptoms of psoriasis. Keep in mind that the psoriasis treatment market is no small opportunity. Psoriasis affects approximately 125 million people worldwide, with nearly 8 million individuals impacted in the United States alone. The debilitating condition often impacts the daily lives of those affected, causing itching, scaling, redness, flaking, and irritation. Understanding the opportunity and, as importantly, the challenges faced by psoriasis patients, NovaBay and DERMAdoctor developed the new moisturizing cream to alleviate psoriasis symptoms. The product combines maximum-strength salicylic acid, known for its ability to control psoriasis symptoms and relieve itching, with other key ingredients such as ceramides, hyaluronic acid, and squalene to help restore essential moisture and maintain the skin's barrier function. Checking more of the right boxes, the cream is steroid-free and fragrance-free, offers a clean formulation suitable for even the most sensitive skin, and provides relief while preventing the recurrence of psoriasis symptoms. The QVC appearance could be a milestone-turned-catalyst for sales, representing a potential watershed moment for new and hoped-for recurring revenues. Positioned To Rally In 2023 All told, NBY appears positioned to surge. Indeed, it's a bullish presumption made by simply connecting the dots and recognizing the combined strength of NBY's various components. Revenues are growing, overhead is being reduced, and the company is in the fast lane for introducing its products to a mass audience. Furthermore, a string of working partnerships and effective utilization of digital marketing technologies to reach consumers is expected to lead to additional accretive growth this year. More simply, NBY is operating on all revenue-generating cylinders. And that can translate to exceptional returns for investors seizing the valuation disconnect. Remember, Ascendiant lays out the case for how NovaBay shares could reach $12 in the next 12 months. It's not the result of NBY standing still on its current merits; instead, it's modeled from NovaBay finding its footing in a massive combined target market opportunity, where earning just a small share can amount to hundreds of millions in sales. Strong management, accretive deals, and an ambitious 2023 marketing agenda put that target in the crosshairs. And if all stays on plan, exponential revenue growth could be scored faster than many expect. Disclaimers: Shore Thing Media, LLC. (STM, Llc.) is responsible for the production and distribution of this content. STM, Llc. is not operated by a licensed broker, a dealer, or a registered investment adviser. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. Our reports/releases are a commercial advertisement and are for general information purposes ONLY. We are engaged in the business of marketing and advertising companies for monetary compensation. Never invest in any stock featured on our site or emails unless you can afford to lose your entire investment. The information made available by STM, Llc. is not intended to be, nor does it constitute, investment advice or recommendations. The contributors may buy and sell securities before and after any particular article, report and publication. In no event shall STM, Llc. be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or made available by STM, Llc., including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information in this video, article, and in its related newsletters, is not intended to be, nor does it constitute, investment advice or recommendations. STM, Llc. strongly urges you conduct a complete and independent investigation of the respective companies and consideration of all pertinent risks. Readers are advised to review SEC periodic reports: Forms 10-Q, 10K, Form 8-K, insider reports, Forms 3, 4, 5 Schedule 13D. For some content, STM, Llc., its authors, contributors, or its agents, may be compensated for preparing research, video graphics, and editorial content. STM, LLC has been compensated up to five-thousand-dollars cash via wire transfer by a third party to produce and syndicate content for NovaBay Pharmaceuticals, Inc. for a period of two weeks ending on 7/01/23. As part of that content, readers, subscribers, and website viewers, are expected to read the full disclaimers and financial disclosures statement that can be found on our website. 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Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investors investment may be lost or impaired due to the speculative nature of the companies profiled. Media ContactCompany Name: STM, LLC.Contact Person: Michael ThomasEmail: Send EmailCountry: United StatesWebsite: https://primetimeprofiles.com/