Medexus Pharmaceuticals Inc. (OTCMKTS:MEDXF – Get Free Report)’s stock price dropped 0.9% during mid-day trading on Wednesday . The company traded as low as $3.60 and last traded at $3.61. Approximately 2,900 shares changed hands during trading, a decline of 78% from the average session volume of 13,387 shares. The stock had previously closed at $3.6440.
Medexus Pharmaceuticals Price Performance
The firm’s 50-day simple moving average is $3.04 and its 200 day simple moving average is $2.57.
About Medexus Pharmaceuticals
Medexus Pharmaceuticals, Inc is a specialty pharmaceutical company headquartered in Mississauga, Ontario. The company focuses on acquiring, developing and commercializing niche prescription drug products for markets in Canada and the United States. Its efforts are aimed at underserved therapeutic areas, including rare diseases, oncology, hematology and dermatology.
Through strategic licensing and partnership agreements with international pharmaceutical firms, Medexus sources late‐stage and marketed assets, then manages their regulatory approval and commercialization.
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