PaxMedica acquires certain suramin research assets from RLS

PaxMedical announced the successful acquisition of certain suramin research assets from Rediscovery Life Sciences, RLS. These assets were previously dedicated to the study of suramin’s potential efficacy in treating acute kidney injury resulting from chronic kidney disease. The newly acquired data from RLS will play a crucial role in bolstering PaxMedica’s ongoing efforts to support the submission for the approval of PAX-101, specifically for the treatment of African Sleeping Sickness caused by the Trypanosoma brucei rhodesiense parasite. This strategic move follows PaxMedica’s recent Type B meeting with the FDA. In a recent statement, Howard Weisman, Chairman and CEO of PaxMedica, emphasized the significance of this acquisition, stating, “Acquiring the research assets from Rediscovery Life Sciences marks a significant leap forward in our journey to expedite the NDA submission process for PAX-101. This valuable addition of data will significantly contribute to our mission of delivering effective and life-saving treatments for Human African Sleeping Sickness.”