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Created: 11/26/2019 03:58:27 PM - Followers: 19 - Board type: Free - Posts Today: 0


Baudax Bio, Inc., a pharmaceutical company, develops and commercializes products for hospital and other acute care settings. Its lead product candidate (in fact just  approved by FDA on the 07th of April) is intravenous form of meloxicam, a non-opioid that has completed Phase III clinical trials for the management of moderate to severe pain; and is in the Phase IIIb clinical trials in colorectal surgery and orthopedic surgery patients to assess opioid consumption, pain intensity, and length of hospital stay with associated pharmacoeconomic parameters. The company's early-stage product candidates includes RP1000, an intermediate-acting neuromuscular blocking agent (NMBA) that is in phase I clinical trial; and RP2000, an ultrashort-acting NMBA, which is in pre-clinical trial; and a reversal agent, as well as Dex-IN, a proprietary intranasal formulation of dexmedetomidine. The company was incorporated in 2019 and is based in Malvern, Pennsylvania.
 
<https://finviz.com/quote.ashx?t=BXRX&ty=c&p=d&b=1>
 
 
 
 
Received in February 2020 an NDA for their drug - ANJESO :
 
Présentation:
 
https://sec.report/Document/0001193125-20-043714/
 
ANJESO Is The Only Approved 24-Hour, Intravenous COX-2 Preferential NSAID that Offers Once-Daily Dosing
Full Commercial Launch Expected to Commence by June 2020
MALVERN, Pa., April 07, 2020 (GLOBE NEWSWIRE) -- Baudax Bio, Inc. (BXRX), a pharmaceutical company focused on therapeutics for acute care settings, today announced that ANJESO™ (meloxicam) injection, the only 24-hour, intravenous (IV) COX-2 preferential non-steroidal anti-inflammatory drug (NSAID), is now available for ordering and delivery to customers.  ANJESO was approved by the U.S. Food and Drug Administration (FDA) on February 20, 2020 and is indicated for the management of moderate to severe pain, alone or in combination with other non-NSAID analgesics. 
 
 <https://finance.yahoo.com/news/baudax-bio-announces-u-availability-120010729.html>
 
We are diligently working to hire and train our field sales force and expect to execute the full ANJESO commercial launch by later in the 2nd quarter.”
 
 <https://finance.yahoo.com/news/baudax-bio-announces-u-availability-120010729.html>
 
Article on Anjeso:
 
https://www.biospace.com/article/baudax-bio-wins-fda-approval-for-anjeso-a-non-opioid-pain-treatment/
 
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Raising capital for commercialization phase:
 
Cash (before warrants potential conversion at  $3.25 and $4.59) :
Raised $25M on March 24th 2020
Had $17M in cash as of Dec 31st 2019

Baudax Bio, Inc. (NASDAQ: BXRX), a pharmaceutical company focused on therapeutics for acute care settings, today announced that, as part of its overall capital financing strategy to fund the Company and the upcoming commercial launch of ANJESO, it has signed a non-binding term sheet with an undisclosed party for a secured term loan for up to $20 million in non-dilutive funding over the next 12 to 18 months.

Baudax expects to close this debt financing transaction in the next 4 to 8 weeks.
 
 <https://sec.report/Document/0001193125-20-061374/>


Shares outstanding:
 
March 26, 2020 17.57M
 
 
 <https://ycharts.com/companies/BXRX/shares_outstanding
 
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Reports:
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https://sec.report/Ticker/BXRX


Insider buying:

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CHURCHILL WINSTON J Director Mar 26 Buy 2.28 6,500 14,820 6,500 Mar 30 08:00 PM
CHURCHILL WINSTON J Director Mar 26 Buy 2.44 25,000 61,000 52,782 Mar 30 08:00 PM
Weisman Wayne Director Mar 26 Buy 2.29 10,000 22,900 40,582 Mar 27 03:53 PM
ALTOMARI ALFRED Director Mar 26 Buy 2.34 5,000 11,700 33,382 Mar 27 03:51 PM
 
 
 <https://finviz.com/quote.ashx?t=BXRX&ty=c&p=d&b=1>
 
 
 

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 Analysts:

Janney starts Baudax Bio at buy; fair value estimate $12
https://biotuesdays.com/2019/11/22/janney-starts-baudax-bio-at-buy-fair-value-estimate-12/
 
Baudax’s key product is Anjeso, a long-acting intravenous formulation of meloxicam, an established non-opioid pain reliever, available through an oral formulation. “We see a high probability of FDA approval in the first quarter of 2020, which would be a meaningful catalyst to drive the stock towards our fair value,” writes analyst Ester Hong.
She estimates peak U.S. sales of $355-million for Anjeso but sees “upside from increased demand for a potent non-opioid that allows patients to recover and go home faster.”
 
 
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#178
A fat taste of volume buying would be BooDog 07/07/2022 01:55:43 PM
#177
The Annual Meeting will reconvene at 9:00 a.m. BooDog 05/18/2022 08:01:06 AM
#176
Took some 1.25's and 6's. BooDog 05/06/2022 02:53:51 PM
#175
The sky isn't falling. Just the low BooDog 05/05/2022 11:01:12 AM
#174
Still accumulating a bit here. The up BooDog 03/29/2022 10:16:17 AM
#173
Baudax Bio Initiates Phase IV Clinical Trial Evaluating BooDog 03/08/2022 08:38:38 AM
#172
Wow. Any takers? BooDog 02/25/2022 07:51:30 AM
#171
Offering announced. I didn't see a price punched BooDog 02/24/2022 05:04:56 PM
#170
Splits. They're so predictable imo. Probably BooDog 02/16/2022 02:00:29 PM
#169
INDEFATIGABLE DUMPING! Disquisition 02/16/2022 10:23:49 AM
#168
R/S 35 = 1 Still watch kzivann 02/16/2022 07:30:25 AM
#167
$0.256 $0.06 (30.35%) Vol 6.4M Heavy Day BooDog 01/20/2022 06:41:18 AM
#166
Yes, they've stated that as one of the BooDog 01/10/2022 03:46:18 PM
#165
R/S on table .. watch kzivann 01/10/2022 08:06:48 AM
#164
Correction: the sabby reference is not for BXRX. BooDog 01/04/2022 08:35:38 AM
#163
I have two things on my mind here. BooDog 01/04/2022 08:10:09 AM
#162
Up pressure building nicely. Inverted head and BooDog 12/09/2021 12:13:39 PM
#161
They'll get there. I'm still accumulating thinking BooDog 11/04/2021 09:16:31 AM
#160
BXRX bigger than expected loss. kzivann 11/04/2021 08:07:42 AM
#159
I have to say, I like the looks BooDog 11/04/2021 07:31:09 AM
#158
LII's like the .58 for support. I'll BooDog 10/27/2021 10:44:14 AM
#157
Looks like a squeeze! See what she's got! BooDog 10/27/2021 10:18:30 AM
#156
CEO buys, I buy. My last buy BooDog 09/24/2021 08:37:52 AM
#155
dojihttps://www.stockscores.com/chart.asp?TickerSymbol=%20bxrx&TimeRange=365&Interval=w& The Night Stalker 09/10/2021 06:59:00 PM
#154
https://www.stockscores.com/chart.asp?TickerSymbol=%20bxrx&TimeRange=365&Interva The Night Stalker 09/10/2021 06:59:00 PM
#153
strong The Night Stalker 09/07/2021 07:35:25 PM
#152
https://www.stockscores.com/chart.asp?TickerSymbol=%20bxrx&TimeRange=365&Interva The Night Stalker 09/07/2021 07:35:25 PM
#151
strong The Night Stalker 09/02/2021 09:47:47 PM
#150
https://www.stockscores.com/chart.asp?TickerSymbol=%20bxrx&TimeRange=365&Interva The Night Stalker 09/02/2021 09:47:47 PM
#149
What are the rumors for all the volume? redspinelpinktopaz 09/02/2021 11:22:42 AM
#148
https://www.stockscores.com/chart.asp?TickerSymbol=%20bxrx&TimeRange=365&Interva The Night Stalker 09/01/2021 07:16:01 PM
#147
https://www.stockscores.com/chart.asp?TickerSymbol=%20bxrx&TimeRange=365&Interva The Night Stalker 08/31/2021 05:19:18 PM
#146
BXRX https://twitter.com/TraderTexMex/status/1432814040808574976 G2G 08/31/2021 05:15:12 PM
#145
strong The Night Stalker 08/25/2021 05:17:13 PM
#144
$2 Gap waiting to get taken out imo SmokeSignals 08/24/2021 02:30:08 PM
#143
Thanks for the alert Night Stalker! I didn't BooDog 08/24/2021 06:30:58 AM
#142
Early volume! BooDog 08/24/2021 05:38:29 AM
#141
nice The Night Stalker 08/23/2021 07:49:44 PM
#140 Time to Load the Boat Daytrader0001 06/11/2021 02:33:23 PM
#139 Buying. Form 4. Missed this from BooDog 06/11/2021 06:13:21 AM
#138 BXRX cup and handle. BooDog 05/19/2021 03:15:08 PM
#137 Looking for the dead cat bounce. BooDog 05/06/2021 11:32:46 AM
#136 Form 4 @ 1.40. CFO added. https://ih.advfn.com/stock-market/NASDAQ/baudax-bio-BXRX/stock-news/84596 BooDog 03/16/2021 06:08:27 PM
#135 How long does their cash last? mining101 03/04/2021 07:52:53 AM
#134 kind of a shitty low quality call yesterday janeyH 02/17/2021 07:50:29 AM
#133 Stonepine is out. BooDog 02/13/2021 05:34:25 PM
#132 Had to know an offering was coming. BooDog 02/08/2021 04:43:37 PM
#131 you've got the right name for today's action janeyH 02/08/2021 04:03:31 PM
#130 Boom HeavenandHell 02/08/2021 02:12:24 PM
#129 [/Baudax Bio is a pharmaceutical company focused on alwaysthankfull 01/19/2021 01:42:41 PM
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