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Baudax Bio, Inc. - BXRX STOCK NEWS

Welcome to our dedicated page for Baudax Bio news (Ticker: BXRX), a resource for investors and traders seeking the latest updates and insights on Baudax Bio stock.

Baudax Bio, Inc. (NASDAQ: BXRX) is a specialized pharmaceutical company focused on developing and commercializing innovative products designed to meet the needs of hospital and acute care settings. The company's lead product candidate is an intravenous form of meloxicam, a non-opioid analgesic that has completed Phase III clinical trials for the management of moderate to severe pain. Current research includes Phase IIIB clinical trials aiming to assess opioid consumption, pain intensity, and the length of hospital stay in colorectal and orthopedic surgery patients. These trials also evaluate various pharmacoeconomic parameters.

Beyond meloxicam, Baudax Bio is advancing a pipeline of early-stage product candidates including RP1000, an intermediate-acting neuromuscular blocking agent (NMBA) in Phase I clinical trials, and RP2000, an ultra-short-acting NMBA currently in pre-clinical trials. The company is also developing a reversal agent for these NMBAs and DEX-IN, a proprietary intranasal formulation of dexmedetomidine.

Recently, Baudax Bio announced that the U.S. FDA has granted orphan drug designation to its lead clinical candidate TI-168 for the treatment of Hemophilia A with inhibitors. TI-168 is a next-generation Treg therapy designed to address Hemophilia A patients with FVIII inhibitors effectively.

Founded in 2019 and based in Malvern, Pennsylvania, Baudax Bio continues to push forward with its mission to develop meaningful therapeutic solutions for acute care settings, drawing on robust clinical research and innovative therapeutic approaches.

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Baudax Bio announces plans to initiate clinical development of TI-168 following shareholder approval of corporate actions related to TeraImmune acquisition
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Baudax Bio receives orphan drug designation for TI-168 in Hemophilia A with inhibitors
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Baudax Bio to participate in H.C. Wainwright Global Investment Conference
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Baudax Bio announces dividend of one one-thousandth of a share of newly designated Series C Preferred Stock for each outstanding share of common stock held of record as of Sept. 5, 2023.
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Baudax Bio, Inc. has entered into definitive agreements for the purchase and sale of shares and warrants in a registered direct offering and concurrent private placement. The gross proceeds from the offerings are expected to be approximately $1.9 million. The Company intends to use the net proceeds for pipeline development activities and general corporate purposes.
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Baudax Bio, Inc. announces positive top-line results from Phase 2 BX1000 trial and the acquisition of TeraImmune. The acquisition adds the TI-168 clinical stage asset to their portfolio, a next-generation therapy candidate for Hemophilia A. The company believes this platform has potential for multiple autoimmune disorders. They also highlight the success of their NMB regimen in the trial, which may provide improved control of neuromuscular paralysis for surgical patients.
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Baudax Bio, Inc. reported positive top-line results from its Phase 2 clinical trial of BX1000, a neuromuscular blocking agent (NMB) for surgical patients. The trial showed that BX1000 was effective at all doses and compared favorably to rocuronium. The company also secured $4 million in gross proceeds from a public offering. Other updates include progress in the development of BX2000 and BX3000, and the asset transfer of ANJESO® to Alkermes.
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FAQ

What is the market cap of Baudax Bio (BXRX)?

The market cap of Baudax Bio (BXRX) is approximately 950.3K.

What is the primary focus of Baudax Bio, Inc.?

Baudax Bio focuses on developing and commercializing products for hospital and acute care settings.

What is Baudax Bio's lead product candidate?

The lead product candidate is an intravenous form of meloxicam, a non-opioid pain management drug.

What other products are in Baudax Bio's pipeline?

Their pipeline includes RP1000, an intermediate-acting NMBA, RP2000, an ultra-short-acting NMBA, and a proprietary intranasal formulation of dexmedetomidine, DEX-IN.

What recent regulatory milestone has Baudax Bio achieved?

Baudax Bio's lead clinical candidate TI-168 received orphan drug designation from the U.S. FDA for treating Hemophilia A with inhibitors.

Where is Baudax Bio headquartered?

Baudax Bio is headquartered in Malvern, Pennsylvania.

When was Baudax Bio incorporated?

Baudax Bio was incorporated in 2019.

What is the status of meloxicam's clinical trials?

Meloxicam has completed Phase III clinical trials and is in Phase IIIB trials for colorectal and orthopedic surgery applications.

What is TI-168?

TI-168 is a next-generation Treg therapy for Hemophilia A with inhibitors, recently granted orphan drug designation by the FDA.

Who can I contact for investor relations information?

For investor relations information, you can contact Mike Moyer at LifeSci Advisors via email at mmoyer@lifesciadvisors.com.

Are there any other clinical trials Baudax Bio is involved in?

Yes, Baudax Bio is involved in Phase I clinical trials for RP1000 and pre-clinical trials for RP2000.

Baudax Bio, Inc.

Nasdaq:BXRX

BXRX Rankings

BXRX Stock Data

950.33k
43.59M
0.02%
2.68%
3.9%
Biotechnology
Healthcare
Link
United States
Malvern