PaxMedica, Inc. ( NASDAQ:PXMD – Get Rating ) Chairman Michael Derby sold 10,497 shares of the firm's stock in a transaction dated Thursday, March 2nd. The shares were sold at an average price of $1.94, for a total value of $20,364.18. Following the completion of the sale, the chairman now directly owns 374,503 shares in the company, valued at $726,535.82. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link . PaxMedica Trading Down 4.

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