From a small startup company to NASDAQ in 4 years
Beyond’s Air engagement with Novateur Ventures began in 2015 (when Beyond Air was known as AIT Therapeutics). Novateur was engaged in 2015 to assist in designing and building a new device for Beyond Air’s trials. The engagement was expanded to developing Target Product Profiles and clinical development plans. This engagement was further expanded in 2016 when Novateur Advisor, Steve Lisi joined AIT Therapeutics as their Chairman and CEO and led successful fundraising efforts, RTO in 2017 and NASDAQ uplisting in 2019. Throughout the engagement, Novateur Business Development team sourced the leading Nitric Oxide platform technology for Beyond Air, which was in-licensed in 2017. The Novateur team also managed regulatory affairs, toxicology and FDA interactions.
In 2020 BeyondAir submitted their premarket approval (PMA) application to the FDA for their LungFit PH device to treat persistent hypertension of newborns. They are currently pending approval.
Over the past 5 years, our advisory team became part of Beyond Air team and worked seamlessly. Several advisors are now executives at Beyond Air. We are very proud to see Beyond Air’s success.