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PaxMedica Announces Resignation of Key Executives

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PaxMedica Announces Resignation of Key Executives

PaxMedica, Inc. ( (PXMD) ) has shared an update.

On January 31, 2025, PaxMedica, Inc. announced the immediate resignation of Stephen D. Sheldon from his roles as chief financial officer and chief operational officer. He will continue to support the company through a consulting agreement during the transition of his responsibilities to the CEO, clarifying that his departure was not due to any disagreements with the company or its board. Additionally, Zachary Rome resigned from the board on the same date for personal reasons, also confirming no disputes with the company or board.

More about PaxMedica, Inc.

YTD Price Performance: -55.71%

Average Trading Volume: 45,901

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $11

For an in-depth examination of PXMD stock, go to TipRanks’ Stock Analysis page.

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Questions or Comments about the article? Write to editor@tipranks.com
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