Novo Integrated Sciences Granted Natural Product Number (NPN) by Health Canada for IoNovo Iodine Branded Product

Rhea-AI Summary

Novo Integrated Sciences (NASDAQ:NVOS) announced that its subsidiary, Novo Healthnet Limited, received a Natural Product Number (NPN) from Health Canada for its IoNovo Iodine. This proprietary iodine micronutrient is delivered in an oral or nasal spray form, promoting high bioavailability. The product supports personal biosecurity and is recognized for its disinfectant properties. The recent acquisition of Terragenx Inc. enables its immediate commercialization. Novo emphasizes a holistic healthcare approach through integrated technology and multidisciplinary services.

Positive

• Granting of Natural Product Number (NPN) for IoNovo Iodine by Health Canada enhances product credibility.
• Recent acquisition of Terragenx Inc. allows immediate market entry for IoNovo Iodine.
• IoNovo Iodine offers a 100% natural and safe alternative for health solutions.

Negative

• None.

BELLEVUE, Wash.--(BUSINESS WIRE)-- Novo Integrated Sciences, Inc. (NASDAQ:NVOS) (the “Company” or “Novo”), pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of services and product innovation, today announced that its wholly owned subsidiary, Novo Healthnet Limited, has been granted a Natural Product Number (NPN) by Health Canada for IoNovo Iodine, a proprietary pure aqueous iodine micronutrient delivered in an oral or nasal spray format for maximum impact and bioavailability. An NPN is a product license assessed and granted by Health Canada to commercialize a product that is found to be safe, effective, and of high quality.

Novo’s recent acquisition of Terragenx Inc. has allowed the immediate commercialization of IoNovo Iodine, affording consumers the next level of personal biosecurity with a simple and safe, 100% natural product. Iodine is recognized as a world class disinfectant and is one of nature’s finest microbial killers of bacteria and virus deactivators. Iodine is an essential micronutrient required for the human body to produce specific thyroid hormones (T3/T4) that activate and strengthen our immune system.

IoNovo Iodine oral spray is 100% pure and natural with no chemicals, no plastics, and no alcohol. IoNovo Iodine is a unique daily-use micronutrient designed to address issues from the common cold to COVID-19 and beyond.

About Novo Integrated Sciences, Inc.
Novo Integrated Sciences, Inc. is pioneering a holistic approach to patient-first health and wellness through a multidisciplinary healthcare ecosystem of services and product innovation. Novo offers an essential and differentiated solution to deliver, or intend to deliver, these services and products through the integration of medical technology, advanced therapeutics, and rehabilitative science.

We believe that “decentralizing” healthcare, through the integration of medical technology and interconnectivity, is an essential solution to the rapidly evolving fundamental transformation of how non-catastrophic healthcare is delivered both now and in the future. Specific to non-critical care, ongoing advancements in both medical technology and inter-connectivity are allowing for a shift of the patient/practitioner relationship to the patient’s home and away from on-site visits to primary medical centers with mass-services. This acceleration of “ease-of-access” in the patient/practitioner interaction for non-critical care diagnosis and subsequent treatment minimizes the degradation of non-critical health conditions to critical conditions as well as allowing for more cost-effective healthcare distribution.

The Company’s decentralized healthcare business model is centered on three primary pillars to best support the transformation of non-catastrophic healthcare delivery to patients and consumers:

• First Pillar: Service Networks. Deliver multidisciplinary primary care services through (i) an affiliate network of clinic facilities, (ii) small and micro footprint sized clinic facilities primarily located within the footprint of box-store commercial enterprises, (iii) clinic facilities operated through a franchise relationship with the Company, and (iv) corporate operated clinic facilities.
• Second Pillar: Technology. Develop, deploy, and integrate sophisticated interconnected technology, interfacing the patient to the healthcare practitioner thus expanding the reach and availability of the Company’s services, beyond the traditional clinic location, to geographic areas not readily providing advanced, peripheral based healthcare services, including the patient’s home.
• Third Pillar: Products. Develop and distribute effective, personalized health and wellness product solutions allowing for the customization of patient preventative care remedies and ultimately a healthier population. The Company’s science-first approach to product innovation further emphasizes our mandate to create and provide over-the-counter preventative and maintenance care solutions.

Innovation through science combined with the integration of sophisticated, secure technology assures Novo Integrated Sciences of continued cutting edge advancement in patient first platforms.

For more information concerning Novo Integrated Sciences, please visit www.novointegrated.com. For more information on NHL, please visit www.novohealthnet.com.

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Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as "believe," “intend,” "expect," "anticipate," "plan," "potential," "continue" or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in Novo’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond Novo’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Novo’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. Novo assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The contents of any website referenced in this press release are not incorporated by reference herein.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211223005093/en/

Chris David, COO-President

Novo Integrated Sciences, Inc.

chris.david@novointegrated.com

(888) 512-1195

Source: Novo Integrated Sciences, Inc.

FAQ

What is the significance of the NPN granted to Novo Integrated Sciences for IoNovo Iodine?

The NPN indicates that IoNovo Iodine has been assessed by Health Canada for safety, effectiveness, and quality, allowing Novo to commercialize the product.

When was the NPN for IoNovo Iodine announced?

The NPN was announced in a press release by Novo Integrated Sciences on the date of the press release.

What benefits does IoNovo Iodine provide?

IoNovo Iodine serves as a disinfectant and essential micronutrient supporting immune system health.

How does Novo Integrated Sciences plan to market IoNovo Iodine?

Novo plans immediate commercialization of IoNovo Iodine through its recent acquisition of Terragenx Inc.

What is the stock symbol for Novo Integrated Sciences?

The stock symbol for Novo Integrated Sciences is NVOS.