- CEO
- Geraldine A. Henwood
- Full Time Employees
- 9
- Sector
- Healthcare
- Industry
- Biotechnology
- Address
- 490 Lapp Road Malvern PA United States of America 19355
- IPO Date
- Feb 21, 2024
- Business
- Baudax Bio, Inc. (BXRXQ) develops and commercializes innovative products for acute care settings, focusing on neuromuscular blocking agents and anticoagulants; its core offerings include ANJESO (meloxicam injection), a proprietary non-opioid analgesic for moderate-to-severe pain administered via once-daily subcutaneous or intravenous routes; and other pipeline candidates targeting hospital-based therapeutic needs such as reversal agents and novel injectable therapies. The company operates in the biopharmaceutical industry, primarily serving healthcare providers, hospitals, and patients in the United States, with research, development, and commercialization activities centered domestically. Founded in 2019 as a spin-off from West Pharmaceutical Services, Inc., Baudax Bio maintains its headquarters in Malvern, Pennsylvania.
In recent developments within the last two years, Baudax Bio has undergone significant financial restructuring, including a Chapter 11 bankruptcy filing in 2023 amid challenges with commercialization efforts and capital needs, leading to delisting from NASDAQ and trading over-the-counter under BXRXQ; this process culminated in substantial debt reduction and operational streamlining to support ongoing product development. The company has not announced major new partnerships, acquisitions, or product launches since early 2023, instead prioritizing pipeline advancement for its neuromuscular and pain management portfolio amid a strategic shift toward sustainable growth post-restructuring. No subsidiaries or parent relationships are currently active following the spin-off origins.