PaxMedica Inc

PaxMedica, Inc. is an early clinical stage biopharmaceutical company. It focuses on the development of anti-purinergic therapies for the treatment of neurodevelopmental disorders, including autism spectrum disorder and Fragile X syndrome tremor-ataxia. The company was founded in April 5, 2018 and is headquartered in Woodcliff Lake, NJ.

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PaxMedica, Inc. is a clinical stage biopharmaceutical company. It engages in the business of developing drug candidates for the treatment of autism spectrum disorder, Fragile X syndrome tremor-ataxia, and Human African Trypanosomiasis. The company was founded by Michael L. Derby on April 5, 2018 and is headquartered in Tarrytown, NY.

IPO season continues today with another exciting entrant. PaxMedica (NASDAQ: PXMD ) is the newest company to make its public debut.

Is PaxMedica (PXMD) Stock the Next Hot IPO?

Shares will Trade on Nasdaq Capital Market under Ticker Symbol "PXMD" TARRYTOWN, NY / ACCESSWIRE / August 26, 2022 / PaxMedica, Inc. (Nasdaq:PXMD), a clinical stage biopharmaceutical company focusing on the development of anti-purinergic drug therapies for the treatment of disorders with intractable neurologic symptoms, today announced the pricing of its initial public offering of 1,545,454 shares of its common stock at a public price of $5.25 per share. The gross proceeds to PaxMedica from the offering, before deducting underwriting discounts, commissions and offering expenses, are expected to be approximately $8.1 million.

Craft Capital Management Announces Pricing of Initial Public Offering for PaxMedica, Inc.

Shares will Trade on Nasdaq Capital Market under Ticker Symbol “PXMD”

PaxMedica, Inc. Announces Pricing of Initial Public Offering

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