Novabay Pharmaceuticals Inc Gross margin
What is the Gross margin of Novabay Pharmaceuticals Inc?
The Gross margin of Novabay Pharmaceuticals Inc is 53.61%
What is the definition of Gross margin?
Gross margin is the difference between revenue and cost of goods sold, divided by revenue, and expressed as a percentage.
lfy (last fiscal year)
Gross margin is a type of profit margin, specifically a form of profit divided by net revenue. It is generally calculated as the selling price of an item, minus the cost of goods sold (production or acquisition costs, not including indirect fixed costs like rent, or administrative costs). The purpose of margins is to give a description of the gross profit.
Gross margin of companies in the Health Care sector on NYSEMKT compared to Novabay Pharmaceuticals Inc
What does Novabay Pharmaceuticals Inc do?
novabay pharmaceuticals $nby is a biopharmaceutical company focusing, commercializing and developing its non-antibiotic anti-infective products to address the unmet therapeutic needs of the global eye care market. novabay has two distinct product categories: the neutrox™ family of products, led by avenova™ for the eye care market, neutrophase® for wound care, and cellerx™ for the dermatology market; and aganocide® compounds, led by auriclosene™. novabay is commercializing avenova, a prescription lid and lash hygiene product for the management of the chronic eye conditions of blepharitis and meibomian gland dysfunction – also known as dry eye syndrome. these difficult-to-manage conditions affect approximately 30 million americans, with an annual market potential that novabay estimates at $500 million. novabay is gaining market traction with avenova through its 35-medical direct sales representatives under veteran leadership. avenova is available for order in 90% of all pharmacies across
Companies with gross margin similar to Novabay Pharmaceuticals Inc
- Cupid has Gross margin of 53.58%
- World Wireless Communications has Gross margin of 53.58%
- Minsheng Education has Gross margin of 53.58%
- Seraphine PLC has Gross margin of 53.59%
- E Lighting has Gross margin of 53.60%
- Amadeus FiRe AG has Gross margin of 53.61%
- Novabay Pharmaceuticals Inc has Gross margin of 53.61%
- Modern Dental has Gross margin of 53.61%
- Alaska Communications Systems Inc has Gross margin of 53.62%
- Seya Industries has Gross margin of 53.63%
- Dynavax Technologies has Gross margin of 53.63%
- Manhattan Associates has Gross margin of 53.63%
- UMH Properties Inc has Gross margin of 53.63%