Welcome to our dedicated news page for PaxMedica (Ticker: PXMD), a resource for investors and traders seeking the latest updates and insights on PaxMedica .
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect PaxMedica 's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of PaxMedica 's position in the market.
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PaxMedica responds to an emergency request for IV Suramin from the Ministry of Health of Malawi to address the critical shortage of medications for sleeping sickness. The Company commits to providing immediate access to PAX-101 within 30 days, showcasing its dedication to public health.
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-4.79%
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Rhea-AI Summary
PaxMedica, a biopharmaceutical company, receives an emergency request for IV suramin from the Ministry of Health of Malawi to treat fatal sleeping sickness. The urgent need arises due to shortages of the drug used for the severe form of African sleeping sickness. PaxMedica has completed registration batches of PAX-101 and is in discussions with the FDA to address the request and potential impact on their NDA submission plans.
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21.21%
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PaxMedica, Inc. (NASDAQ:PXMD) completes pivotal registration batches of PAX-101, an IV formulation of suramin, for potential FDA approval in treating Stage 1 Human African Trypanosomiasis. The milestone sets the stage for NDA submission in Q4 2024, with plans to address Autism Spectrum Disorder and secure a Tropical Disease Priority Review Voucher.
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103.74%
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PaxMedica, Inc. (NASDAQ:PXMD) releases a comprehensive company presentation highlighting its focus on advancing treatments for neurological disorders, particularly ASD. The presentation emphasizes the strategic direction, recent advancements in ASD therapeutics, and the commitment to addressing unmet needs in the ASD community. PaxMedica's leading investigational drug, PAX-101, targets core ASD symptoms, offering hope to families. The company's mission includes innovative research, upcoming clinical trials, and potential public health impact.
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-13.03%
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PaxMedica, Inc. (NASDAQ:PXMD) announced the release of a Fireside Chat video featuring Chairman and CEO Howard Weisman, covering regulatory updates, financial boost, strategic acquisition, clinical trials progress, business efficiency, and future vision.
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-1.57%
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PaxMedica, a biopharmaceutical company focused on advancing treatments for neurological disorders, announced the closing of its public offering of 5,384,615 shares of common stock and warrants, generating approximately $7.0 million in gross proceeds. The net proceeds will be used to repay outstanding debt and advance development programs.
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PaxMedica, Inc. (NASDAQ:PXMD) Announces Pricing of Public Offering of Common Stock and Warrants at $1.30 per Share
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-44%
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PaxMedica, Inc. (NASDAQ: PXMD) announces its feature in a broadcast via NetworkNewsAudio, highlighting the completion of a type-B meeting with the FDA and positive results from its PAX-HAT-301 study of suramin in Stage One Human African Sleeping Sickness. The company is encouraged by the FDA's feedback and is focused on expediting the final steps toward its NDA submission for PAX-101, expected in the second half of 2024.
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-13.37%
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PaxMedica, Inc. (NASDAQ:PXMD) announced a comprehensive business update and financial results for the third quarter of 2023. Key achievements include progress in FDA Type-B meeting for NDA submission of PAX-101, completion of Phase III trials for Human African Trypanosomiasis, strategic acquisition of suramin research assets, and completion of commercial-scale development plan for PAX-101. CEO Howard Weisman highlighted the company's progress and financial report indicated $1.2 million in cash reserves with access to $14.4 million from an equity investment agreement.
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-16.53%
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PaxMedica, Inc. (NASDAQ:PXMD) announced the publication of research findings in the Annals of General Psychiatry. The study explored the potential of low-dose suramin intravenous infusions as an Autism Spectrum Disorder (ASD) treatment, showing statistically significant improvements in the Clinical Global Impressions-Improvement (CGI-I) scale among the 10 mg/kg suramin arm compared to the placebo group.
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47.54%
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PaxMedica, Inc.