PaxMedica Grants Exclusive Pharmacy Distribution Rights for PAX-101 to Vox Nova, LLC
Portfolio Pulse from Benzinga Newsdesk
PaxMedica, Inc. (NASDAQ:PXMD) has signed an exclusive pharmacy distribution agreement with Vox Nova LLC for its lead pipeline asset, PAX-101. PaxMedica is a biopharmaceutical company focused on developing novel anti-purinergic drug therapies for Autism Spectrum Disorder (ASD) and other neurological conditions.
July 06, 2023 | 12:01 pm
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PaxMedica's exclusive distribution agreement with Vox Nova for PAX-101 could potentially increase the company's market reach and revenues.
The exclusive distribution agreement for PAX-101 with Vox Nova could potentially increase PaxMedica's market reach and revenues. This is because the agreement could lead to increased sales of PAX-101, which is a key asset in PaxMedica's pipeline. The news is highly relevant to PaxMedica as it directly pertains to the company's business operations and potential revenue growth.
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