Fundz

Paxmedica, Inc. Enters Into Committed Equity Investment Agreement For Up To $20 Million With Lincoln Park Capital

PRIVATENov 18, 2022

Round Type

Venture

TarrytownBiotechnology

Description

via NewMediaWire

Quick answer

PaxMedica raised an undisclosed amount in a funding round, dated November 18, 2022. PaxMedica is based in Tarrytown, New York, United States.

How much did PaxMedica raise?
PaxMedica raised an undisclosed amount in a funding round on November 18, 2022.
What does PaxMedica do?
PaxMedica is a clinical stage biopharmaceutical company focusing on the development of anti-purinergic drug therapies (“APT”) for the treatment of disorders with intractable neurologic symptoms, ranging from..
Where is PaxMedica based and how big is it?
PaxMedica is based in Tarrytown, New York, United States.
Who are the decision-makers at PaxMedica?
Fundz holds 1 contact at PaxMedica. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Biotechnology around the same time

Companies in the same sectors as PaxMedica that raised within 45 days of this round, from Fundz verified event records.

  • Nanocan Therapeutics raised $5.1M on December 30, 2022.
  • IMAGINE PHARMA LLC raised $300K (Seed) on December 30, 2022.
  • ProtoKinetix raised $109K (Seed) on December 30, 2022.
  • Perceive Biotherapeutics raised $40M on December 29, 2022.
  • CytoSorbents Corporation raised $5M (Debt Financing) on December 29, 2022.
  • Outlook Therapeutics raised $32M on December 28, 2022.

Who to call at PaxMedica, and when

A new round usually means PaxMedica is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day PaxMedica raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at PaxMedica, from your own LinkedIn network

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Company Information

Company

PaxMedica

Location

303 SOUTH BROADWAY, SUITE 125

Tarrytown, New York, United States

About

PaxMedica is a clinical stage biopharmaceutical company focusing on the development of anti-purinergic drug therapies (“APT”) for the treatment of disorders with intractable neurologic symptoms, ranging from neurodevelopmental disorders, including Autism Spectrum Disorder (“ASD”), to Myalgic Encephalomyelitis/Chronic Fatigue Syndrome (“ME/CFS”), a debilitating physical and cognitive disorder believed to be viral in origin and now with rising incidence globally due to the long term effects of SARS-CoV-2 (“COVID-19”). One of PaxMedica’s primary points of focus is the development and testing of its lead program, PAX-101, an intravenous formulation of suramin, in the treatment of ASD and the advancement of the clinical understanding of using that agent against other disorders such as ME/CFS and Long COVID-19 Syndrome, a clinical diagnosis in individuals who have been previously infected with COVID-19.

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Related People

1 contact
Verified contacts8 people are listed at PaxMedica. We don't have their email yet.See plans and pricing
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PaxMedica raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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