LOS ANGELES, California, January 2, 2025 – Paximal announced today that the company’s co-founder Ian Schick has been appointed as the company’s new Chief Executive Officer.

Michael Drapkin, the company’s co-founder and previous CEO, has sold his controlling interest in the company. He will be stepping aside to pursue other interests, but will collaborate closely going forward.

“Ian is a visionary thought leader, who saw the wave of automation in the patent space before anyone,” said Drapkin. “His groundbreaking work in agentic AI and patent document automation has marked him as a preeminent figure in the industry. His passion, technical expertise, and deep knowledge of the patent space make him a great choice to lead the company.”

“We appreciate the significant progress the company has made under Michael’s leadership,” said Schick. “He led key aspects of the design and technical development of the world’s first agentic AI patent drafting system, created here at Paximal. His efforts to streamline operations have made us a more nimble and formidable company. We appreciate his efforts and vision.”

About Paximal

Empowering Attorneys, Elevating Patent Quality. At Paximal, we revolutionize patent drafting by combining cutting-edge AI technology with deep expertise in patent law. Founded by leaders in patent practice and AI innovation, Paximal’s groundbreaking agentic AI solution delivers complete, high-quality drafts without requiring prompting or extensive iterations.

Our mission is simple: to help patent professionals focus on high-value tasks while letting AI handle the rest. Discover how Paximal is transforming the patent process at www.paximal.com or email us at sales@paximal.com for more information.