Baudax Bio Inc at Noble Capital Markets Investor Conference (Virtual) Transcript

Apr 20, 2022 / 07:30PM GMT
Gerri Henwood - Baudax Bio, Inc. - President and CEO

Good afternoon. Thanks very much for your time and attention. Still being awake after lunch at all. I appreciate the chance to tell you about my favorite topic, Baudax Bio. The lawyers of course have threatened me within an inch if I don't tell you to look at all of our filings before you make any investment decisions.

So Baudax Bio is a company that has a commercial product and just so approved in February of 2020, just in time for the pandemic. It's a product that is a once a day, 24 hours less thing, not opioid, analgesic for pain such as after surgery. And it's used in hospitals and an ambulatory care setting. We also have a pipeline of acute care products directed primarily at anesthesia; offering, we think, some important advances over the good products that are currently available, but that would allow for more cost effective and timely treatment.

Financial position of the company is not excessively capitalized, as you will note with $16 million on the balance sheet as of the filing of the K, and that was as of 12/31 with the

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