The Work Index by Flexa

PaxMedica, Inc.

PaxMedica is a clinical-stage biopharmaceutical company focused on developing innovative treatments for unmet needs in neurodevelopmental disorders, particularly Autism Spectrum Disorder.

5.7

/10

Transparency ranking

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Description

PaxMedica, Inc. is a clinical-stage biopharmaceutical company dedicated to developing innovative treatments for unmet needs in neurodevelopmental disorders. Their primary focus is on Autism Spectrum Disorder (ASD), an area where there are currently no FDA-approved treatments for the core symptoms. PaxMedica is on a promising path to change this, bringing hope to millions of individuals and families affected by ASD.

PaxMedica's approach is based on anti-purinergic therapies (APT), which target the excess production of purines in cells. Their lead programs, PAX-101 and PAX-102, utilize suramin sodium, a broadly acting APT with a long history of use. Beyond ASD, PaxMedica is also developing PAX-101 as a treatment for Human African Trypanosomiasis (HAT), a neglected tropical disease. This dual-pronged approach allows PaxMedica to generate valuable assets, such as Priority Review Vouchers (PRV), which can be monetized to support their clinical development efforts.

Mission

PaxMedica is a clinical-stage biopharmaceutical company focused on developing innovative treatments for unmet needs in neurodevelopmental disorders, particularly Autism Spectrum Disorder (ASD). They are dedicated to researching and developing anti-purinergic therapies (APT), specifically PAX-101 and PAX-102, which utilize suramin sodium, a broadly acting APT with over a century of use. PaxMedica's mission is to improve the lives of individuals with ASD and provide a brighter, more independent future for them and their families by developing effective treatments and advancing the understanding of these complex neurodevelopmental disorders.

Disruptor
Healthcare
Improving quality of life/health
Science and research driven

Culture

PaxMedica promotes a culture of collaboration and innovation, focused on developing life-changing treatments for people with neurodevelopmental disorders. They value partnerships with stakeholders across industries, including academia and patient advocacy groups, and prioritize providing immediate and impactful support to those affected by autism and African sleeping sickness. Their company website highlights the dedication and experience of their leadership team and their commitment to transparency through frequent updates and communication with the public.

DE&I

PaxMedica demonstrates a commitment to diversity, equity, and inclusion through its efforts to create a welcoming and inclusive workplace. They have a diverse board of directors, with representation from various backgrounds and experiences. Additionally, they actively seek partnerships with companies, academia, patient advocacy groups, and other industry stakeholders worldwide, demonstrating a commitment to collaboration and diverse perspectives. The company actively supports translational research that will lead to the development of FDA-approved treatments and an improved standard of care for co-morbidities in individuals with autism.

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