PaxMedica, Inc. (PXMD)

NASDAQ: PXMD · IEX Real-Time Price · USD
0.757
-0.038 (-4.82%)
At close: Dec 29, 2023, 4:00 PM
0.755
-0.002 (-0.30%)
After-hours: Dec 29, 2023, 7:45 PM EST
-4.82%
Market Cap 766.20K
Revenue (ttm) n/a
Net Income (ttm) -17.59M
Shares Out 1.01M
EPS (ttm) -24.41
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 277,372
Open 0.785
Previous Close 0.795
Day's Range 0.720 - 0.810
52-Week Range 0.638 - 69.190
Beta n/a
Analysts Strong Buy
Price Target 3.00 (+296.3%)
Earnings Date Nov 16, 2023

About PXMD

PaxMedica, Inc., a clinical stage biopharmaceutical company, focuses on the development of anti-purinergic drug therapies for the treatment of disorders with intractable neurologic symptoms. The company's lead product candidate is PAX-101, an intravenous formulation of suramin for the treatment of autism spectrum disorder, myalgic encephalomyelitis/chronic fatigue syndrome, long COVID-19 syndrome, and human African trypanosomiasis (HAT). It also develops PAX-102, an intranasal formulation of suramin, as well as other new chemical entities that ... [Read more]

Industry Biotechnology
Sector Healthcare
IPO Date Aug 26, 2022
Employees 3
Stock Exchange NASDAQ
Ticker Symbol PXMD
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to one analyst, the rating for PXMD stock is "Strong Buy" and the 12-month stock price forecast is $3.0.

Price Target
$3.0
(296.30% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

PaxMedica Releases Fireside Chat Video with CEO Howard Weisman

TARRYTOWN, NY / ACCESSWIRE / December 6, 2023 / PaxMedica, Inc. (NASDAQ:PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, announced the release of a Firesi...

25 days ago - Accesswire

PaxMedica Announces Closing of $7.0 Million Public Offering

TARRYTOWN, NY / ACCESSWIRE / November 22, 2023 / PaxMedica, Inc. (NASDAQ:PXMD) ("PaxMedica" or the "Company"), a biopharmaceutical company focused on advancing treatments for neurological disorders, t...

5 weeks ago - Accesswire

PaxMedica Announces Pricing of $7.0 Million Public Offering

TARRYTOWN, NY / ACCESSWIRE / November 20, 2023 / PaxMedica, Inc. (NASDAQ:PXMD) ("PaxMedica" or the "Company"), a biopharmaceutical company focused on advancing treatments for neurological disorders, t...

5 weeks ago - Accesswire

PaxMedica Inc. Featured in Syndicated Broadcast Highlighting FDA Type-B Meeting to Review PAX-101 Pivotal Trial Data

LOS ANGELES, Nov. 17, 2023 (GLOBE NEWSWIRE) -- via IBN –PaxMedica, Inc. (NASDAQ: PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, today announces that it ...

6 weeks ago - GlobeNewsWire

PaxMedica, Inc. Announces Third Quarter 2023 Financial Results and Business Update

TARRYTOWN, NY / ACCESSWIRE / November 15, 2023 / PaxMedica, Inc. (NASDAQ:PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, announced today a comprehensive ...

6 weeks ago - Accesswire

PaxMedica Announces Publication of Its Autism Spectrum Disorder Phase 2 Study Results in Peer-reviewed Journal

TARRYTOWN, NY / ACCESSWIRE / November 7, 2023 / PaxMedica, Inc. (NASDAQ:PXMD), a biopharmaceutical company focused on advancing treatments for neurological disorders, announced the publication of rese...

7 weeks ago - Accesswire

PaxMedica Engages Bourne Partners to Explore Future Monetization of Potential Priority Review Voucher (PRV)

TARRYTOWN, N.Y., Nov. 02, 2023 (GLOBE NEWSWIRE) -- via IBN --  PaxMedica, Inc. (Nasdaq: PXMD), a pioneering biopharmaceutical company focused on advancing treatments for neurologic disorders, has eng...

2 months ago - GlobeNewsWire

PaxMedica Acquires Suramin Research Assets from Rediscovery Life Sciences to Accelerate NDA Submission for PAX-101

TARRYTOWN, New York, Oct. 31, 2023 (GLOBE NEWSWIRE) -- via IBN -- PaxMedica , Inc. (Nasdaq: PXMD), a pioneering biopharmaceutical company specializing in cutting-edge treatments for neurological diso...

2 months ago - GlobeNewsWire

PaxMedica Announces 1-for-17 Reverse Stock Split

TARRYTOWN, N.Y. , Oct. 30, 2023 (GLOBE NEWSWIRE) -- via IBN — PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug thera...

2 months ago - GlobeNewsWire

PaxMedica's Research on Low Dose Suramin for Autism Spectrum Disorder Accepted for Publication

TARRYTOWN, N.Y. , Oct. 26, 2023 (GLOBE NEWSWIRE) -- via IBN --  PaxMedica , Inc. (Nasdaq: PXMD) a clinical-stage biopharmaceutical company, is excited to announce that the Annals of General Psychiatr...

2 months ago - GlobeNewsWire

PaxMedica Holds Important FDA Type-B Meeting to Review PAX-101 Pivotal Trial Data

Key Guidance Regarding NDA Filing Obtained TARRYTOWN, NY / ACCESSWIRE / October 26, 2023 / PaxMedica, Inc. (NASDAQ:PXMD), a clinical-stage biopharmaceutical company, announced the completion of a type...

2 months ago - Accesswire

PaxMedica to Present at the H.C. Wainwright 25th Annual Global Investment Conference

Presentation on Tuesday, September 12, 2023 at 3:00pm EDT TARRYTOWN, NY, Aug. 30, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical compan...

4 months ago - GlobeNewsWire

PaxMedica Appoints David Hough M.D. as Chief Medical Officer

Announces Additional Management Changes; Independent Directors Now Majority of Board TARRYTOWN, NY, Aug. 16, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stag...

4 months ago - GlobeNewsWire

PaxMedica, Inc. Announces Second Quarter 2023 Financial Results and Business Update

TARRYTOWN, NY, Aug. 09, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug...

5 months ago - GlobeNewsWire

PaxMedica Announces Positive Top Line Results from the PAX-101 (intravenous suramin) Phase 3 African Sleeping Sickness Study, PAX-HAT-301

TARRYTOWN, NY, July 24, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic dru...

5 months ago - GlobeNewsWire

PaxMedica Grants Exclusive Pharmacy Distribution Rights for PAX-101 to Vox Nova, LLC

VoxNova will be responsible for physician registration, safety monitoring and reimbursement for treatment, as well as additional offerings for People diagnosed with Autism and their Families.

6 months ago - GlobeNewsWire

PaxMedia hires ShareIntel to look into recent stock weakness, after a 45% plunge amid an 8-day losing streak

Shares of PaxMedia Inc. PXMD, -11.91% bounced 2.0% in premarket trading Thursday, after the biopharmaceutical company, which focuses on treatments of Autism Spectrum Disorder (ASD) said it was not awa...

6 months ago - Market Watch

PaxMedica Comments on Common Stock Volatility

Engages ShareIntel to Track Market Activity TARRYTOWN, NY, June 22, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on ...

6 months ago - GlobeNewsWire

PaxMedica CEO Interviewed by The BRAIN Foundation

Webcast Link Available at PaxMedica.com TARRYTOWN, NY, June 20, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the d...

6 months ago - GlobeNewsWire

PaxMedica Submits Clinical Trial Request in Autism Spectrum Disorder

TARRYTOWN, NY, June 14, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug...

7 months ago - GlobeNewsWire

PaxMedica Enters Research Collaboration Agreement With PoloMar Health for Phase II Study in Autism Spectrum Disorder

Collaboration Will Investigate a Next Generation Orally Delivered Anti-Purinergic Compound Proof-of-Concept Study Based on one of PaxMedica's Proprietary Pipeline Candidates TARRYTOWN, NY, June 08, 20...

7 months ago - GlobeNewsWire

PaxMedica Completes HAT-301 Registrational Trial for PAX-101

HAT-301 is the Pivotal Efficacy Study to Support Upcoming NDA Filing Top Line Results Planned for Release in July 2023 TARRYTOWN, NY, June 01, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – PaxMedica, In...

7 months ago - GlobeNewsWire

PaxMedica, Inc. Provides First Quarter 2023 Business Update; Phase 3 HAT-301 Top Line Results Expected in Second Half 2023

TARRYTOWN, NY, May 15, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company focusing on the development of novel anti-purinergic drug ...

8 months ago - GlobeNewsWire

PaxMedica Announces NASDAQ Closing Bell Ringing to Celebrate Initial Public Offering and Autism Awareness Month

Broadcasting Live on Wednesday April 19th at 3:45 PM ET TARRYTOWN, NY, April 19, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire – PaxMedica, Inc. (Nasdaq: PXMD), a clinical stage biopharmaceutical company ...

9 months ago - GlobeNewsWire

PaxMedica, Inc. Provides Business Update and Reports Fourth Quarter 2022 Financial Results

-Phase 3 Results for HAT-301 Retrospective Trial Expected in Second Half 2023-

9 months ago - GlobeNewsWire