Phaxiam Therapeutics Announces Mnemonic Code Change and Strategic Focus on Resistant Bacterial Infections
$ERYP
Following its merger with PHERECYDES, Phaxiam Therapeutics (EPA: PHXM), previously known as Erytech Pharma, has undergone a substantial rebranding and strategic realignment. Phaxiam Therapeutics, a biopharmaceutical company, is now focused on developing innovative treatments for resistant bacterial infections, a pressing global health concern. The company employs the bactericidal properties of phages to target some of the most persistent and dangerous pathogens responsible for severe hospital-acquired infections. This strategic shift positions Phaxiam Therapeutics at the vanguard of biotechnological innovations aimed at addressing the critical challenge of antibiotic resistance in modern healthcare.
As of June 29, the company’s share will transition from ERYP to PHXM, as indicated by the mnemonic code. Phaxiam Therapeutics is headquartered in Lyon, France, and Cambridge, MA, USA. The company is at the forefront of biopharmaceutical innovation, with a focus on the development of treatments for resistant bacterial infections. These infections represent a significant public health concern, accounting for a considerable proportion of severe hospital-acquired infections worldwide.
The company’s research employs the use of phages, naturally occurring viruses that target and eliminate bacteria, to combat pathogens such as Staphylococcus aureus, Escherichia coli, and Pseudomonas aeruginosa. These bacteria are responsible for over two-thirds of resistant infections in healthcare settings. Phaxiam Therapeutics is listed on both the Nasdaq Capital Market and the Euronext regulated market in Paris under the new ticker PHXM. The organization’s strategic initiatives are supported by its inclusion in several key indexes, including CAC Healthcare, CAC Pharma & Bio, and CAC Mid & Small, which serve to underscore its integral role in the biopharmaceutical sector.
The company’s operational leadership, under the guidance of COO & CFO Eric Soyer, persists in advancing its mission to address some of the most challenging medical needs. Phaxiam’s innovative approach serves to illustrate its dedication to the advancement of healthcare solutions, thereby establishing it as a pivotal contributor to the global effort to combat antibiotic-resistant bacteria. In consequence of the recent alteration to its mnemonic code and its strategic orientation towards critical healthcare challenges, Phaxiam is poised to exert a profound influence on public health and safety.
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