Eupraxia Pharmaceuticals Makes a Bold Move

March 13, 2024, 1:20 pm
Eupraxia Pharmaceuticals
Eupraxia Pharmaceuticals
Location: Mexico, Tamaulipas, Ciudad Victoria
Employees: 11-50
Founded date: 2012
Total raised: $30M
Eupraxia Pharmaceuticals Inc., a biotech company on the rise, has set the stage for a game-changing move. With an overnight marketed public offering of approximately $30 million, the company is gearing up for a significant financial boost. The Offering, led by Raymond James Ltd., aims to raise funds for research and development, administrative expenses, and other corporate needs. Eupraxia's focus on locally delivered, extended-release products signals a commitment to addressing critical medical needs with innovative solutions. The road ahead is paved with potential, but also with risks and uncertainties. Investors and industry watchers are on high alert as Eupraxia Pharmaceuticals charts its course towards a brighter future.