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PaxMedica has Its Autism Spectrum Disorder Phase 2 Study Results Published in Peer-reviewed Journal

DENVER, Colo., Nov 7, 2023 (www.247marketnews.com)- PaxMedica Inc (NASDAQ: PXMD) stated, this morning, that the Annals of General Psychiatry published its research, led by Chief Medical Officer Dr. David Hough, results exploring the potential of low-dose suramin intravenous infusions as an ASD treatment, from a comprehensive, 14-week randomized, double-blind, placebo-controlled study that enrolled 52 boys aged 4-15 years with moderate to severe ASD.

PaxMedica is trading at $5.87, up $2.82 (+92.46%) on 5.55M premarket shares.

Its 52-week range is $0.2701 to $2.75. It set a new 52-week low last week and has popped multiple times in the past couple of months.

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