PaxMedica shares are trading higher after the company announced the publication of its Autism Spectrum Disorder Phase 2 study results in a peer-reviewed journal.
Portfolio Pulse from Benzinga Newsdesk
PaxMedica has announced the publication of its Autism Spectrum Disorder Phase 2 study results in a peer-reviewed journal, leading to a rise in its share prices.
November 07, 2023 | 7:34 pm
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PaxMedica's shares are trading higher after the company announced the publication of its Autism Spectrum Disorder Phase 2 study results.
The publication of positive study results is generally seen as a positive development for biotech companies, as it indicates progress in their research and development efforts. This can lead to increased investor confidence, which can drive up the share price.
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