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NASDAQ:PXMD

PaxMedica 5/13/2024 Earnings Report

PaxMedica EPS Results

Actual EPS
-$0.50
Consensus EPS
-$0.43
Beat/Miss
Missed by -$0.07
One Year Ago EPS
N/A

PaxMedica Revenue Results

Actual Revenue
N/A
Expected Revenue
N/A
Beat/Miss
N/A
YoY Revenue Growth
N/A

PaxMedica Announcement Details

Quarter
Time
N/A
Conference Call Date
N/A
Conference Call Time
N/A

Conference Call Resources

PaxMedica Earnings Headlines

PaxMedica, Inc. (PXMD) - Yahoo Finance
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About PaxMedica

PaxMedica (NASDAQ:PXMD) is a clinical-stage biopharmaceutical company focused on developing innovative treatments for neuropsychiatric and mood disorders. Leveraging proprietary formulation technologies, the company seeks to improve the safety, tolerability and dosing convenience of established therapeutic agents. By optimizing drug delivery profiles, PaxMedica aims to address unmet needs in patient populations suffering from serious central nervous system conditions.

The company’s pipeline comprises three programs in various stages of development. Its lead candidate is a long-acting injectable formulation designed to provide sustained plasma levels for the management of schizophrenia. A second program is an extended-release oral therapy targeting major depressive disorder, while a third preclinical program is focused on a novel approach to core behavioral features of autism spectrum disorders. PaxMedica collaborates with academic medical centers and contract research organizations to advance these assets through clinical and preclinical studies.

Founded in 2018 and headquartered in New York City, PaxMedica also maintains research operations in Massachusetts and pursues partnerships in Europe. After its initial public offering in 2021, the company has continued to build a leadership team of seasoned professionals in neuroscience R&D, regulatory affairs and global commercialization. The board of directors consists of industry veterans from the biotechnology and pharmaceutical sectors, guiding the company’s strategic growth and development efforts.

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