NOVEN PHARMACEUTICALS, INC.
NOVEN PHARMACEUTICALS, INC. reported $337.1K in payments to physicians and teaching hospitals across 658 transactions in CMS Open Payments PY 2024.
Pharmaceutical payment transparency data for NOVEN PHARMACEUTICALS, INC.. Ranked #811 of 1,797 companies by total payments. Source: CMS Open Payments, Program Year 2024.
Payment Overview
Total Payments
$337.1K
0.0% of all payments
Transactions
658
$512.36 avg
Recipients
658
$512.36 avg
Industry Rank
#811
of 1,797 companies
What the Data Shows for NOVEN PHARMACEUTICALS, INC.
In Program Year 2024, NOVEN PHARMACEUTICALS, INC. reported $337,131.84 in payments to 658 physicians and teaching hospitals across 658 individual transactions — an average of $512.36 per transaction and $512.36 per recipient. That total places NOVEN PHARMACEUTICALS, INC. at rank #811 out of 1,797 companies in the CMS Open Payments database, representing 0.0% of all industry payments reported nationwide for the year. Payment volume at this scale is characteristic of manufacturers with broad prescriber engagement, active clinical research programs, or patented therapies generating ongoing royalty obligations.
The payment mix for NOVEN PHARMACEUTICALS, INC. spans 4 distinct categories defined by CMS — including general payments (consulting, speaker fees, meals, travel), research payments tied to clinical trials, and ownership or investment interests. The largest single category is "Compensation for Faculty or Speaker (Medical Education)" at $266.9K, accounting for 79.2% of the company's reported total and 151 transactions. This distribution matters because different payment types carry different regulatory and ethical implications: research funding supports clinical development, while general payments like meals and speaker fees have been studied for their correlation with prescribing patterns in peer-reviewed journals such as JAMA Internal Medicine.
Recipient concentration is another useful lens. The top 5 recipients of payments from NOVEN PHARMACEUTICALS, INC. received $0.00 combined — 0.0% of the company's total — with the remaining 100.0% distributed across the rest of the 658 recipients. A relatively distributed top-5 share suggests broader engagement across the prescriber community rather than concentration among a handful of high-value relationships. All figures above are drawn directly from the CMS Open Payments Public Use Files for PY2024 and are disclosed under the Physician Payments Sunshine Act; this page summarizes reported financial transfers and does not represent medical advice or judgment about individual prescribing decisions.
Payment Breakdown by Type
NOVEN PHARMACEUTICALS, INC. made 4 types of payments. "Compensation for Faculty or Speaker (Medical Education)" accounts for 79.2%.
79.2% · 151 transactions
9.4% · 432 transactions
7.3% · 65 transactions
4.1% · 10 transactions
| Payment Type | Amount | Transactions | % of Total |
|---|---|---|---|
| Compensation for Faculty or Speaker (Medical Education) | $266.9K | 151 | 79.2% |
| Food and Beverage | $31.6K | 432 | 9.4% |
| Travel and Lodging | $24.7K | 65 | 7.3% |
| Consulting Fee | $13.9K | 10 | 4.1% |
Payment Size Analysis
Average transaction size: $512.36. Average per recipient: $512.36.
Total Amount
$337,131.84
Avg per Transaction
$512.36
Avg per Recipient
$512.36
Payment Transparency Context
The Physician Payments Sunshine Act (part of the Affordable Care Act) requires pharmaceutical and medical device manufacturers to report payments and transfers of value to physicians and teaching hospitals. These payments can include consulting fees, research grants, speaker fees, food and beverages, travel, royalties, and other forms of compensation.
Industry Total (2024)
$13.3B
across 1,797 companies
NOVEN PHARMACEUTICALS, INC. Share
0.0%
#811 by total payments
Related Healthcare Data
Explore related drug and healthcare provider data from other federal sources
PlainMeds — Drug Information
FDA drug data for 682 medications including interactions and alternatives. Look up drugs that NOVEN PHARMACEUTICALS, INC. may manufacture.
PlainDoctor — Provider Data
CMS provider data for 7M+ healthcare providers. Search for physicians who may be recipients of pharmaceutical payments.
PlainHospital — Hospital Quality
CMS Hospital Compare data for 5,400+ hospitals. View quality ratings for teaching hospitals that receive pharmaceutical payments.
PlainRecalls — FDA Recalls
FDA drug and device recall data. Check recall history for products manufactured by NOVEN PHARMACEUTICALS, INC..
PlainProcedure — Procedure Costs
Medicare procedure cost data for 9,200+ procedures. See what hospitals charge for medical procedures and how costs vary by state.
Learn More About Pharma Payments
In-depth guides on pharmaceutical industry payment transparency
Understanding Open Payments
How the Sunshine Act works and what payment data means for patients and physicians.
Drug Company Marketing Practices
How pharmaceutical companies market to healthcare professionals and why it matters.
Pharma Payment Types Explained
A guide to the different types of payments pharmaceutical companies make to physicians.
Companies with Similar Payment Volumes
Pharmaceutical companies with payment totals similar to NOVEN PHARMACEUTICALS, INC.
Frequently Asked Questions
How much did NOVEN PHARMACEUTICALS, INC. pay to physicians and hospitals in 2024? ▾
How many physicians received payments from NOVEN PHARMACEUTICALS, INC.? ▾
What types of payments did NOVEN PHARMACEUTICALS, INC. make? ▾
How does NOVEN PHARMACEUTICALS, INC. rank among pharmaceutical companies? ▾
What is the average payment size from NOVEN PHARMACEUTICALS, INC.? ▾
Are the top recipients concentrated for NOVEN PHARMACEUTICALS, INC.? ▾
Where does the payment data for NOVEN PHARMACEUTICALS, INC. come from? ▾
Data Source: Centers for Medicare & Medicaid Services (CMS) Open Payments, Program Year 2024. Data includes general payments, research payments, and physician ownership/investment interests as required by the Physician Payments Sunshine Act. Total industry payments: $13.3B across 1,797 companies.
Related
Disclaimer: This information is provided for informational purposes only and does not constitute professional advice. Data is sourced from the CMS Open Payments program. Consult a qualified professional before making decisions based on this data.
Read our methodology — how this data is sourced, computed, and verified.