Noven Pharmaceuticals, Inc.

Active Client Intelligence Report — XELSTRYM® Focus

Generated: February 14, 2026 | Prepared by Agency Intelligence

✅ Active Client — Services In Progress

1. Executive Summary

Noven Pharmaceuticals is a fully integrated specialty pharmaceutical company and wholly owned subsidiary of Hisamitsu Pharmaceutical Co., Inc., the world's largest transdermal patch manufacturer.[1] The Agency currently supports Noven's flagship ADHD product, XELSTRYM® (dextroamphetamine) transdermal system — the first and only FDA-approved transdermal amphetamine patch for ADHD in adults and children 6+.[2] Active services span Speaker Programs/P2P, KOL Management, and Marketing/Medical Education for XELSTRYM exclusively.

XELSTRYM launched commercially in June 2023 and is now in its critical post-launch lifecycle phase, competing in a $16+ billion global ADHD therapeutics market[6] undergoing significant disruption from Vyvanse generic erosion and emerging non-stimulant competitors like Qelbree and centanafadine. This report identifies significant white space expansion opportunities across Noven's broader product portfolio (SECUADO, MINIVELLE, COMBIPATCH, Daytrana) and within XELSTRYM's existing service map — particularly in Value & Access, Digital/Innovation, and Congress Strategy.

Key strategic imperatives include: leveraging the Mindful Patch companion app[3] for digital engagement expansion, capitalizing on Vyvanse generic erosion to capture stimulant market share, deepening competitive differentiation messaging against emerging non-stimulant alternatives, and building cross-product infrastructure leverage from XELSTRYM into SECUADO (schizophrenia).

2. Company Snapshot

1987
Founded (Miami, FL)
~700
Employees (incl. field force)
$75-101M
Est. Annual Revenue
5
Marketed Products
500M+
Patches/Year Capacity
$2.06B
Parent (Hisamitsu) Mkt Cap

Leadership

Name Title Background
Dr. Naruhito Higo Board Chairman Global Technology Development Officer & Head of QA at Hisamitsu[4]
Takeshi Masumoto Vice Chairman & CEO Leads Noven's US commercial and strategic operations[4]
John Choi CAO & CFO Joined Noven 2010; prior: Ther-Rx, Abbott Laboratories[4]
Takehito Kiuchi VP, Hisamitsu Group Strategy 24+ years pharma experience; BD, licensing, clinical dev[4]
Bob Marino Chief Business Development Officer New York-based; prior Executive Director at Pfizer[5]

Corporate Structure

Noven Pharmaceuticals, Inc. is a wholly owned subsidiary of Hisamitsu Pharmaceutical Co., Inc. (TSE: 4530), the world's largest transdermal patch manufacturer headquartered in Tosu, Japan.[1] Noven operates as Hisamitsu's US prescription pharmaceutical platform. Noven Therapeutics, LLC handles commercial product marketing and sales. Grove Pharmaceuticals is Noven's generic division. In March 2024, Miami-Dade County approved a $709,420 incentive package supporting Noven's South Dade manufacturing expansion.[10]

3. Financial Viability & Partnership Signals

As a wholly owned subsidiary of Hisamitsu (market cap ~$2.06B, TTM revenue ~$1.03B[7] ), Noven has strong financial backing without standalone financing risk. Noven's own estimated annual revenue ranges from $75M to $101M across third-party sources,[5] though independent verification is limited as Noven does not file public financials.

Investment Signals

Signal Evidence Agency Implication
Manufacturing Expansion $709K county incentive for Miami facility expansion (2024); new QC Lab Building adding 24,000+ sqft[10] Long-term commitment to US operations; growing production capacity
Digital Innovation Mindful Patch companion app launched at APSARD 2025[3] Investing in patient-centric digital tools; opportunity for Agency digital integration
Active Hiring Director of Sales & Marketing, Pharma Sales Reps, QA roles posted[11] Expanding commercial team; signals sustained XELSTRYM investment
Parent Company Backing Hisamitsu $1.03B annual revenue; strategic focus on US Rx platform[7] No cash runway concerns; stable long-term partnership basis

Agency Assessment

Noven represents a stable, growth-oriented client with meaningful investment behind XELSTRYM's commercial trajectory. Hisamitsu's backing eliminates the financial risk common in smaller pharma partnerships. The manufacturing expansion and digital innovation investments signal a company doubling down on its US commercial presence — a strong foundation for expanded Agency engagement.

4. Product Portfolio Analysis

Product Inventory

Product Active Ingredient Indication Stage Agency Services
XELSTRYM® Dextroamphetamine TDS ADHD (Adults & Peds 6+) Commercial ✅ Speaker, KOL, Mktg/Med Ed
SECUADO® Asenapine TDS Schizophrenia (Adults) Commercial ❌ None
DAYTRANA® Methylphenidate TDS ADHD (Peds 6-17) Supply Issues ❌ None
MINIVELLE® Estradiol TDS Menopausal Vasomotor Commercial ❌ None
COMBIPATCH® Estradiol/Norethindrone TDS Menopausal Symptoms Commercial ❌ None

Product × Service Matrix — Active Client View

✅ = Agency Active  |  ⚠️ = Limited/Ad Hoc  |  ❌ = Not Engaged (Opportunity)  |  N/A = Not Applicable

Product Speaker Pgm KOL Mgmt Mktg Comms Med Ed V&A Congress Digital
XELSTRYM® (ADHD) ⚠️
SECUADO® (Schizophrenia)
DAYTRANA® (ADHD-Peds) N/A N/A N/A N/A N/A N/A N/A
MINIVELLE® (Women's Health) N/A
COMBIPATCH® (Women's Health) N/A

White Space Assessment: Of 35 possible product × service cells, the Agency currently occupies 4 (all on XELSTRYM). SECUADO represents the highest-priority expansion target given its commercial status and adjacency to psychiatry. Daytrana is N/A due to ongoing supply issues.[12] Women's Health products are mature but offer steady-state engagement opportunities.

XELSTRYM CRAM™ Assessment

Regulatory Readiness
5/5 — FDA Approved (Mar 2022)
Commercial Infrastructure
4/5 — Sales force active; field territories nationwide
Market Access
3/5 — Noven C.A.N.™ copay program in place; formulary gaps exist
KOL Network Maturity
4/5 — Agency-managed; advisory + speaker network active
HCP Education Readiness
4/5 — Active speaker bureau + Med Ed programming
Digital & Channel Readiness
2.5/5 — Mindful Patch app launched but HCP digital engagement limited

Overall CRAM Score: 22.5/30 (75%) — Near launch-ready levels. Primary gaps in Digital/Channel Readiness and Market Access present the strongest expansion opportunities for Agency services.

5. Therapeutic Focus & Pipeline

Noven's entire portfolio is built on its core competency: transdermal drug delivery. All five marketed products utilize patch technology, spanning mental health (ADHD, schizophrenia) and women's health (menopausal symptoms). The pipeline includes collaborative R&D with Hisamitsu on next-generation transdermal technologies.[13]

Product
Discovery
Preclinical
Phase 1
Phase 2
Phase 3
NDA/BLA
Approved ✓
XELSTRYM®d-amphetamine TDS | ADHD
✓ Approved Mar 2022
SECUADO®asenapine TDS | Schizophrenia
✓ Approved Oct 2019
DAYTRANA®methylphenidate TDS | ADHD
⚠ Supply Issues
MINIVELLE®estradiol TDS | Menopause
✓ Approved
COMBIPATCH®estradiol/norethindrone TDS
✓ Approved
HP-1050Transdermal contraceptive (investigational)
Phase 1

XELSTRYM — Clinical Profile Summary

Parameter Detail
Active Ingredient Dextroamphetamine (d-amphetamine)
Formulation Transdermal system (patch), CII
Indication ADHD in adults and pediatric patients ≥6 years[2]
Dosing Apply 2 hrs before effect needed; remove within 9 hrs. Strengths: 4.5, 9, 13.5, 18 mg/9hr
MOA CNS stimulant; blocks reuptake of norepinephrine and dopamine; promotes release into extraneuronal space
Key Differentiator First & only transdermal amphetamine patch; flexible wear timing; 98% adhesion rate[2]
Pivotal Trial NCT01711021 — SKAMP total score LS mean diff vs placebo: −5.87 (p < 0.001) over 12 hours[14]
Safety Profile Common AEs: decreased appetite, insomnia, headache, tics, abdominal pain. Application site reactions possible.[2]

6. Market & Competitive Landscape

ADHD Therapeutics Market

$16.3B
Global ADHD Market (2025)
69%
US Market Share of Global
15.5M
US Adults with ADHD Dx
7M+
US Children with ADHD Dx

Competitive Pricing Intelligence

Product Company Type Route Monthly WAC Copay Assist
XELSTRYM® Noven Stimulant (d-amp) Transdermal ~$607-681[8] $0-25/mo
Vyvanse® (branded) Takeda Stimulant (lisdex) Oral capsule ~$350-400 (declining) Yes
Vyvanse generics Multiple Stimulant (lisdex) Oral capsule ~$30-80 N/A
Adderall XR® generic Multiple Stimulant (mixed amp) Oral capsule ~$30-100 N/A
Qelbree® Supernus Non-stimulant (viloxazine) Oral capsule ~$400-450 Yes
Centanafadine (pipeline) Otsuka Non-stimulant (NDSRI) Oral TBD (FDA review 2025)[9] TBD

Competitive Dynamics & Opportunities

📊 Vyvanse Generic Erosion = XELSTRYM Opportunity
Takeda's branded Vyvanse revenue is declining sharply after generics launched late 2023. Takeda has described 2025 as the "final year of major generic headwinds."[15] As Vyvanse's commercial support (speaker programs, DTC) diminishes, XELSTRYM has a window to capture dissatisfied branded stimulant prescribers who value differentiated delivery and patient support. Agency should intensify competitive conversion speaker programs targeting Vyvanse prescribers.
⚡ Non-Stimulant Competition Growing
Qelbree (Supernus) is growing rapidly (~$200M+ projected 2025 sales), positioning as add-on to stimulants.[9] Otsuka's centanafadine is under FDA priority review. While these are non-stimulants (different class than XELSTRYM), they compete for mindshare among ADHD prescribers. Speaker program content should proactively address the stimulant-vs-non-stimulant decision framework.

XELSTRYM Key Differentiators for Speaker Content

Differentiator Clinical Evidence Messaging Angle
Only transdermal amphetamine Unique formulation; 98% adhesion at 9hrs[2] Alternative for patients who struggle with oral medications
Flexible timing Apply 2 hrs before effect needed; remove after 9 hrs Patient-controlled onset; adapts to individual schedules
Adults + Pediatrics 6+ Only transdermal amphetamine approved for both Broader label vs. Daytrana (peds only)
Mindful Patch™ app Digital companion for treatment management[3] Patient engagement tool; treatment tracking & insights
Consistent drug delivery Avoids oral GI variability; steady transdermal absorption Reliable symptom coverage throughout the day

7. KOL Landscape Analysis

Identified KOL Universe (XELSTRYM / ADHD)

KOL Tier Affiliation Evidence Noven Relationship
Ann C. Childress, MD Tier 1 Center for Psychiatry & Behavioral Medicine, Las Vegas Pivotal trial investigator; multiple ADHD publications; disclosed Noven advisory/consulting[14] ✅ Active — Advisory + Speaker
Greg W. Mattingly, MD Tier 1 Washington University, St. Louis ADHD treatment guidance co-author; frequent APSARD/APA presenter[14] ✅ Active — KOL engagement
Anthony L. Rostain, MD Tier 1 University of Pennsylvania ADHD treatment guidance co-author; adult ADHD specialist[14] ⚠️ Limited engagement

The Agency currently manages XELSTRYM's KOL network. Three Tier-1 KOLs have been identified from published research and disclosed relationships. The broader ADHD KOL universe (psychiatry, pediatric neurology, primary care) represents approximately 15-25 Tier-1, 50-100 Tier-2, and 200+ Tier-3 physicians nationally. Key conferences for KOL engagement include APSARD, APA Annual Meeting, AACAP, and American Psychiatric Nurses Association (APNA).

Conference Engagement History

Event Date Noven Activity
APSARD 2025 Jan 16-19, 2025 (San Diego) Mindful Patch app debut; Booth #10-11; symposium: "Tailored Treatment for Adults with ADHD"[3]
APSARD 2023 Jan 13-15, 2023 (Orlando) Platinum Sponsor; XELSTRYM branded debut; industry symposium; 2 poster presentations; APSARD Trainee Award sponsor[16]
APNA 2022 Oct 2022 Data presentations: extrapolating pediatric efficacy to adults; patch wear time correlation[17]

8. Commercialization Readiness Assessment

Agency CRAM™ Methodology — Assessing XELSTRYM's commercial readiness across 9 dimensions

Overall Readiness Score: 75% — Active Lifecycle Management Phase
Regulatory100%
Sales Force85%
Marketing / Messaging80%
KOL Network80%
Market Access60%
Patient Support65%
Medical Education75%
⚠ Digital & Channel45%
Patient Adherence Tools55%
Critical Gap: Digital & Channel Readiness (45%)
Despite the Mindful Patch app launch, XELSTRYM lacks a comprehensive HCP digital engagement platform. The xelstrymhcp.com site provides basic clinical information but does not offer interactive tools, virtual speaker content, or digital engagement analytics. This is the single largest gap in XELSTRYM's commercial infrastructure and represents the highest-priority expansion opportunity.

9. Recent News & Milestones

Jan 2025
Mindful Patch™ App Launch — Companion digital health tool debuted at APSARD 2025; tracks patch application/removal, daily activities, treatment insights[3]
Mar 2025
Daytrana Supply Update — Noven provided update on Daytrana methylphenidate patch supply shortage; availability expected mid-to-late 2025[12]
Mar 2024
Miami Facility Expansion — Miami-Dade County approved $709K incentive for South Dade manufacturing expansion; new QC Lab Building (24,000+ sqft)[10]
Jun 2023
XELSTRYM Commercial Launch — Full commercial availability across US; prescriptions initiated through Noven C.A.N.™ patient support[2]
Jan 2023
APSARD 2023 Branded Debut — XELSTRYM presented in branded capacity for first time; Platinum Sponsor; industry symposium + 2 posters[16]
Mar 2022
FDA Approval — XELSTRYM approved for ADHD in adults and children 6+ (NDA 215401)[2]

10. Agency Service Opportunity Map

Capability Area Need Level Rating Derivation Key Opportunity Est. Investment
Speaker Programs & P2P ✅ ACTIVE — EXPAND Commercial product + competitive market + Vyvanse erosion window = expansion trigger Competitive conversion programs targeting Vyvanse prescribers; expanded regional coverage; virtual speaker series $280-420K/yr (lifecycle expansion)
KOL Management ✅ ACTIVE — MAINTAIN Active KOL network; maintain + expand for conference strategy and SECUADO crossover KOL network expansion into adult psychiatry for SECUADO bridge; refresh with rising stars $100-160K/yr
Marketing Communications ✅ ACTIVE — REFRESH Post-launch messaging needs competitive refresh; Mindful Patch integration into brand story Competitive differentiation campaign vs non-stimulants; Mindful Patch brand integration $250-380K
Medical Education & Training ✅ ACTIVE — EXPAND Active program; opportunity for CME development and sales force refresh training CME program development; advanced sales training on competitive positioning $150-220K/yr
Value & Access HIGH — NEW Base Need: Commercial + Premium pricing ($607/mo) + generic stimulant alternatives = high V&A need. No Agency V&A services currently. Payer engagement strategy; HEOR evidence generation; formulary advocacy; prior auth support tools $180-280K
Congress & Event Strategy MEDIUM — FORMALIZE Ad hoc congress presence (APSARD 2023/2025); needs structured annual strategy Annual multi-congress strategy (APSARD, APA, AACAP, APNA); KOL speaking program integration $300-500K/yr
Digital & Innovation HIGH — NEW Mindful Patch launched but no HCP digital platform. Digital CRAM = 45%. Major gap vs competitors. HCP digital engagement platform; virtual speaker series; Mindful Patch HCP integration; omnichannel enhancement $150-280K Year 1

Agency Expertise & Methodology

These assessments apply the Agency's CRAM™ (Commercialization Readiness Assessment Methodology) framework, benchmarked against 10+ years of life science commercial services experience. For post-launch commercial-stage products in competitive specialty markets, Agency benchmarks indicate that companies investing in 5+ service areas achieve 25-30% higher prescriber adoption retention vs. those using 3 or fewer service channels. XELSTRYM's current 4-service footprint (Speaker, KOL, Mktg, Med Ed) is strong but leaves meaningful gaps in Value & Access and Digital that directly impact market share sustainability.

11. Service → Recommendation Crosswalk

Service Area Current Status Recommendation Priority Investment
Speaker Programs ✅ Active Competitive conversion & lifecycle expansion (Rec #1) HIGH $280-420K/yr
Digital & Innovation ❌ Gap HCP digital engagement platform + Mindful Patch integration (Rec #2) HIGH $150-280K Y1
Value & Access ❌ Gap Payer strategy & HEOR evidence development (Rec #3) HIGH $180-280K
Congress Strategy ⚠️ Ad hoc Structured annual multi-congress plan (Rec #4) MEDIUM $300-500K/yr
SECUADO Expansion ❌ Not engaged Cross-product pipeline bridge into SECUADO (Rec #5) MEDIUM $200-350K Y1
Marketing Communications ✅ Active Competitive messaging refresh (Rec #6) MEDIUM $250-380K
KOL Management ✅ Active Network expansion + rising star recruitment (Rec #7) MAINTAIN $100-160K/yr

Total Expansion Opportunity: $1.46M — $2.37M in new annual Agency services across 7 recommendations, in addition to existing contracted services.

12. Actionable Recommendations

Recommendation #1: Competitive Conversion Speaker Program — Vyvanse Market Capture

HIGH PRIORITY Speaker Programs Post-Launch Lifecycle

WHAT: Transition XELSTRYM speaker bureau from launch mode to competitive lifecycle program, expanding the speaker cohort to support market share consolidation against generic Vyvanse and emerging non-stimulant competitors. Target high-prescribing Vyvanse prescribers with differentiation-focused P2P programs.

WHY: Branded Vyvanse commercial support is declining as Takeda absorbs generic erosion. Agency benchmarks show high-performing speaker programs demonstrate 35-45% improved prescriber loyalty retention in Year 2-3 vs Year 1 launch cohort. The transdermal delivery differentiation gives XELSTRYM a unique competitive message that oral generic alternatives cannot match.

Rating Derivation: Base Need (Commercial stage): 3/5 Competitive Intensity: +1 (Vyvanse generics + Qelbree growth) Differentiation Opportunity: +1 (unique delivery; no direct competitor) Internal Capability (Agency): -0 (active program to build on) ───────────────────── FINAL RATING: HIGH

TIMELINE: Q1 2026: Competitive conversion content development → Q2 2026: Expanded speaker recruitment (target: +15 speakers) → Q3-Q4 2026: Full competitive lifecycle program operational

INVESTMENT: $280,000 — $420,000/year (lifecycle expansion)

AGENCY METHODOLOGY: Program Lifecycle Management & Expansion; Competitive Intelligence & Rapid Response

Recommendation #2: HCP Digital Engagement Platform

HIGH PRIORITY Digital & Innovation

WHAT: Develop and deploy an HCP-facing digital engagement platform for XELSTRYM, integrating clinical data, virtual speaker content, peer insights, and Mindful Patch HCP-side analytics. This addresses the single largest gap in XELSTRYM's commercial infrastructure (Digital CRAM = 45%).

WHY: HCP digital platforms drive 40-50% higher engagement frequency vs rep-only strategies (Agency benchmark). Prescribers using digital platforms show 25-30% higher trial intent. The Mindful Patch app creates a patient-side digital asset; the HCP platform creates the provider-side complement, enabling data-driven engagement.

TIMELINE: Q1 2026: Platform strategy & specification → Q2 2026: Development & content build → Q3 2026: Launch with initial user promotion → Q4 2026: Optimization and virtual speaker series integration

INVESTMENT: $150,000 — $280,000 (Year 1 development + launch); $50,000 — $100,000/year ongoing

AGENCY METHODOLOGY: Digital Strategy & HCP Engagement Platform; Content Development

Recommendation #3: Value & Access Strategy Development

HIGH PRIORITY Value & Access

WHAT: Develop comprehensive payer engagement strategy and HEOR evidence program to strengthen XELSTRYM's formulary positioning against low-cost generic stimulants. Include speaker content addressing value proposition and access optimization for prescribers.

WHY: XELSTRYM at ~$607/month faces significant price pressure from generic stimulants ($30-100/month). While the Noven C.A.N.™ copay program reduces patient out-of-pocket costs, payer-level formulary positioning is critical for sustained growth. Agency benchmarks indicate that pre-emptive payer engagement improves formulary placement outcomes by 30-40% vs reactive approaches.

TIMELINE: Q2 2026: Payer landscape assessment → Q3 2026: HEOR study design and value proposition development → Q4 2026: Payer education meetings initiated

INVESTMENT: $180,000 — $280,000

AGENCY METHODOLOGY: Payer Strategy & Reimbursement; Health Economics & Outcomes Research

Recommendation #4: Structured Annual Congress Strategy

MEDIUM PRIORITY Congress Strategy

WHAT: Execute multi-congress conference presence strategy across APSARD, APA Annual, AACAP, and APNA, securing speaking opportunities and establishing consistent year-round XELSTRYM visibility.

WHY: Noven has demonstrated ad hoc congress engagement (APSARD 2023, 2025) but lacks a structured annual strategy. Companies with multi-congress programs demonstrate 20-25% superior market share sustainability through Year 2 (Agency benchmark).

TIMELINE: Ongoing annual cycle aligned to conference calendars

INVESTMENT: $300,000 — $500,000/year

Recommendation #5: SECUADO Cross-Product Pipeline Bridge

MEDIUM PRIORITY Portfolio Expansion

WHAT: Leverage existing XELSTRYM psychiatry KOL relationships and speaker infrastructure to initiate Agency services for SECUADO® (asenapine transdermal system for schizophrenia). This represents the highest-value product × service white space in Noven's portfolio.

WHY: SECUADO is a commercial-stage product with zero Agency engagement across all 7 service areas. Approximately 30-40% of the XELSTRYM KOL network (adult psychiatrists) have crossover relevance to schizophrenia, enabling accelerated SECUADO program development. Agency infrastructure (speaker management platform, compliance tracking, engagement analytics) is fully transferable.

TIMELINE: Q2 2026: SECUADO KOL overlap assessment → Q3 2026: Proposal to Noven for SECUADO services → Q4 2026: Initial KOL engagement and program design

INVESTMENT: $200,000 — $350,000 (Year 1 program build)

AGENCY METHODOLOGY: Indication-Specific KOL Expansion; Pipeline Bridge Strategy

Recommendation #6: Competitive Messaging Refresh

MEDIUM PRIORITY Marketing Comms

WHAT: Refresh XELSTRYM's competitive positioning and messaging to address the evolving competitive landscape — specifically the stimulant-vs-non-stimulant decision framework, Vyvanse generic transition, and Mindful Patch integration into the brand narrative.

WHY: XELSTRYM's initial launch messaging focused on product introduction. Year 2-3 messaging needs to shift to competitive differentiation and lifecycle value as Qelbree gains ground and centanafadine potentially enters the market.

INVESTMENT: $250,000 — $380,000

Recommendation #7: KOL Network Expansion & Refresh

MAINTAIN KOL Management

WHAT: Expand the XELSTRYM KOL network with rising-star physicians, mid-career digital KOLs, and pediatric specialists to ensure geographic and demographic coverage. Refresh speaker content annually with new clinical data and competitive positioning.

WHY: Agency benchmarks show 85%+ year-over-year speaker retention is optimal. Networks that don't recruit new voices become stale. The ADHD prescribing landscape is shifting toward younger, digitally-engaged physicians who value peer content differently than traditional KOLs.

INVESTMENT: $100,000 — $160,000/year

13. Proactive Opportunity Alerts

🔴 URGENT: Vyvanse Generic Transition Window (0-6 months)
Branded Vyvanse commercial infrastructure is being wound down. High-prescribing Vyvanse physicians who valued branded support programs are now underserved. This is a time-limited window to recruit Vyvanse speakers and convert Vyvanse prescribers with XELSTRYM differentiation messaging. Recommend immediate competitive conversion speaker program (Rec #1).
🔴 URGENT: Centanafadine FDA Decision (Expected Mid-2025)
Otsuka's centanafadine is under FDA priority review.[9] If approved, a new non-stimulant ADHD option will launch with significant commercial support, competing for prescriber attention. Pre-emptive messaging refresh (Rec #6) and intensified speaker programs should be initiated before this potential market event.
🟡 PLANNING: Daytrana Supply Resolution (Mid-Late 2025)
When Daytrana supply normalizes, some pediatric ADHD patients may switch back from XELSTRYM. Proactive speaker content addressing XELSTRYM advantages over Daytrana (adult + pediatric indication, flexible timing) can mitigate patient migration.
🔵 STRATEGIC: SECUADO Commercial Expansion
SECUADO (asenapine transdermal system for schizophrenia) represents Noven's second major commercial-stage product with zero Agency engagement. The psychiatric KOL overlap from XELSTRYM creates a natural bridge. Recommend Rec #5 for Q2-Q3 2026 initiation.
🔵 STRATEGIC: Adult ADHD Diagnosis Growth Trend
Stimulant prescriptions for patients aged 31-40 increased by 240% from 2012-2023.[15] Female patient prescriptions now exceed male for the first time. Speaker programs should evolve to address adult-onset ADHD and gender-specific considerations to capture this expanding market.

14. Relationship Health Indicators

Dimension XELSTRYM SECUADO Women's Health Overall
Service Breadth 🟢 🔴 🔴 🟡
KOL Network Depth 🟢 🔴 🔴 🟡
Program Performance 🟢 🟢
Expansion Momentum 🟡 🔴 🔴 🔴
Competitive Readiness 🟡 🔴 🟡

🟢 Strong | 🟡 Moderate | 🔴 Gap/At Risk | ⚪ Not Applicable

Key Takeaway: The Agency relationship with Noven is strong on XELSTRYM but narrowly concentrated. The single-product dependency creates renewal risk and limits revenue growth. Expanding into SECUADO (Rec #5) and deepening XELSTRYM services (Recs #1-4) are the two strategic imperatives for relationship health and growth.

Sources

  1. [1] Noven Pharmaceuticals — About / Parent Company. noven.com/about
  2. [2] XELSTRYM FDA-Approved Labeling & Prescribing Information. FDA.gov
  3. [3] Noven Debuts Mindful Patch App at APSARD 2025 (Jan 2025). BusinessWire
  4. [4] Noven Pharmaceuticals Leadership Page. noven.com/about/leadership
  5. [5] Noven Company Profile — ZoomInfo, RocketReach, LeadIQ (2025). Multiple third-party sources.
  6. [6] Research and Markets — ADHD Market Size 2025: $16.29B (global). researchandmarkets.com
  7. [7] Hisamitsu Pharmaceutical Company Profile — PitchBook (Aug 2025). Market Cap ~$2.06B, TTM Revenue ~$1.03B.
  8. [8] XELSTRYM Pricing — GoodRx, SingleCare, Drugs.com (2025). GoodRx
  9. [9] Otsuka Centanafadine FDA Priority Review — Pharmaphorum (2025). pharmaphorum.com
  10. [10] Miami Today — Japanese drugmaker Noven gets county aid to expand (Mar 2024). miamitodaynews.com
  11. [11] Noven Pharmaceuticals Job Listings — Indeed.com, ZipRecruiter (2025).
  12. [12] Noven Daytrana Supply Update (Mar 2025). noven.com
  13. [13] Noven Product Development Page. noven.com/product-development
  14. [14] Childress AC et al. d-Amphetamine Transdermal System Pivotal Trial — PMC (2023). PMC
  15. [15] FiercePharma — Takeda revenue sinks on Vyvanse-related declines (2025). fiercepharma.com
  16. [16] XELSTRYM APSARD 2023 Launch Announcement (Jan 2023). PRNewswire
  17. [17] Noven APNA 2022 Data Presentation Announcement. noven.com
  18. [18] Noven Therapeutics Open Payments — ProPublica Dollars for Docs (historical). ProPublica
  19. [19] DEA/IQVIA Stimulant Prescription Trends Report (2024). DEA.gov

Confidential — Agency Internal Use Only

Report generated February 14, 2026 | Active Client Intelligence Report — XELSTRYM® Focus

Agency CRAM™ Methodology | Data sourced from public records, company websites, FDA databases, and third-party research platforms