Company: BDRX
Filing Date: 2025-01-28
Form Type: 424B3
Source: 0001214659-25-001409
Chunk: 2

Company: Biodexa Pharmaceuticals Plc
Filing Date: 2025-01-28
Form: 424B3
Chunk 2
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 sell any or all of the Depositary Shares, if any, purchased
under the Purchase Agreement pursuant to this prospectus. The Selling Shareholder will bear all commissions and discounts, if any, attributable
to its sale of Depositary Shares. See “Plan of Distribution.”

Our Depositary Shares are listed on the NASDAQ
Capital Market under the symbol “BDRX.” The last reported closing price of our Depositary Shares on the NASDAQ Capital Market
on January 24, 2025 was $4.58.

Investing in our securities involves risks. See “Risk Factors” beginning on page 13 of this prospectus for a discussion of the factors you should carefully consider before deciding to purchase these securities.

Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

<div align='center'>The date of this prospectus is January 27, 2025</div>

<div align='center'>TABLE OF CONTENTS</div>

|                                                                | Page |
| ABOUT THIS PROSPECTUS                                          |    1 |
| PRESENTATION OF FINANCIAL AND OTHER INFORMATION                |    2 |
| PROSPECTUS SUMMARY                                             |    4 |
| RISK FACTORS                                                   |   13 |
| CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS           |   55 |
| USE OF PROCEEDS                                                |   62 |
| DIVIDEND POLICY                                                |   63 |
| CAPITALIZATION                                                 |   64 |
| MANAGEMENT’S DISCUSSION AND ANALYSIS AND RESULTS OF OPERATIONS |   65 |
| BUSINESS                                                       |   76 |
| MANAGEMENT                                                     |  109 |
| CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS           |  117 |
| PRINCIPAL SHAREHOLDERS                                         |  119 |
| DESCRIPTION OF SHARE CAPITAL                                   |  121 |
| DESCRIPTION OF AMERICAN DEPOSITARY SHARES                      |  145 |
| TAXATION                                                       |  159 |
| SELLING SHAREHOLDER                                            |  166 |
| PLAN OF DISTRIBUTION                                           |  168 |
| EXPENSES OF THE OFFERING                                       |  170 |
| LEGAL MATTERS                                                  |  170 |
| EXPERTS                                                        |  170 |
| ENFORCEMENT OF CIVIL LIABILITIES                               |  170 |
| WHERE YOU