PaxMedica, Inc. Common Stock

PaxMedica, Inc. Common Stock

$0.21
0 (1.15%)
NASDAQ
USD, US
Biotechnology

52 Week Range

0.2-17.85

Beta

0.62

Market Cap

$1.63M

Last Dividend

0

PE (TTM)

-0.01

Dividend Yield (TTM)

0

Price Chart

Industry

Biotechnology

Sector

Healthcare

CEO

Mr. Howard J. Weisman

Full-Time Employees

6

IPO Date

2022-08-26

Description

PaxMedica, Inc., a clinical stage biopharmaceutical company, focuses on the development of anti-purinergic drug therapies (APT) for the treatment of disorders with intractable neurologic symptoms. The company's lead product candidate is PAX-101, an intravenous formulation of suramin for various indications, including autism spectrum disorder, myalgic encephalomyelitis/chronic fatigue syndrome, long COVID-19 syndrome, and human african trypanosomiasis. It is also involved in developing PAX-102, an intranasal formulation of suramin for neurologic indications. The company was formerly known as Purinix Pharmaceuticals LLC and changed its name to PaxMedica, Inc. in April 2020. PaxMedica, Inc. was incorporated in 2018 and is based in Tarrytown, New York. PaxMedica, Inc. operates as a subsidiary of Tardimed Sciences LLC.

Phone

914-987-2876

Address

303 South Broadway, Tarrytown, NY, 10591, US

CIK

0001811623