West Haven’s Nanoviricides Inc. said it has fully repaid its president, Anil Diwan, for the purchase of a Shelton research and manufacturing facility that will soon house the drug developer’s operations.
Diwan financed the acquisition of the 18,000-square-foot facility through an entity called Inno-Haven LLC in 2011.
The company’s board of directors approved the purchase in July 2014, which the company said shouldn’t impact its drug development programs. The price was not disclosed.
