Two Durham companies, both in the pharmaceutical space, received a Tibbetts award from the U.S. Small Business Administration.

The award honors “outstanding small businesses and individuals who participate in the SBA’s Small Business Innovation Research (SBIR) and Small Business Techology Transfer (STTR) programs.”

Winning the awards were Novan Therapeutics, which is developing products related to dermatology, and Parion Sciences, which is developing products to fight respiratory and ophthalmology…