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Paxman AB is a Swedish medical device company specializing in scalp cooling systems designed to minimize hair loss in patients undergoing chemotherapy. Its primary product, the Paxman Scalp Cooling System, is used in hospitals and cancer centers globally to help reduce chemotherapy-induced alopecia. The system works by cooling the scalp, which reduces the impact of chemotherapy on hair follicles. The company is headquartered in Karlshamn, Sweden, and its shares are listed on the Nasdaq Stockholm.