NICI Quick Take

Panaxia Pharmaceutical Industry is an Israeli manufacturer of pharmaceutical cannabis dosage forms. The group produces more than 300 different medication products and sells to more than 25 countries.



Panaxia signed an agreement with MPX Bioceutical Corporation where Panaxia will provide the capital and equipment to build out a facility for MPX.

IPO Details

Valuation $16.0M
Total Raised $10.0M
NICI Subsector Pharmaceutical