Pax Neuroscience
Private Company
Total funding raised: $4.5M
Overview
Pax Neuroscience is a private, pre-revenue diagnostics company targeting the massive and underserved depression market. Its core asset is the MoodMark® platform, a biomarker-based assay that measures Gsalpha protein localization in blood cells to provide objective diagnostic and treatment response data. The company has secured approximately $1.8 million in non-dilutive funding from the National Institute of Mental Health (NIMH) via SBIR/STTR grants to validate its technology. Pax aims to serve both clinical depression management and pharmaceutical R&D, addressing a critical need for precision in psychiatric care.
Technology Platform
MoodMark® platform: A biomarker assay measuring Gsalpha protein localization in lipid raft vs. non-raft fractions of blood cell membranes to objectively diagnose depression and predict antidepressant treatment response.
Funding History
2Opportunities
Risk Factors
Competitive Landscape
The competitive landscape for objective depression diagnostics is emerging but fragmented. Potential competitors include companies developing EEG-based biomarkers (e.g., Magnus Medical), genetic tests (e.g., GeneSight), or other blood-based assays. Pax's specific focus on the Gsalpha translocation mechanism could provide a differentiated approach, but it must prove superior clinical utility to gain market share.