Praxis Precision Medicines Inc Overview
Industry: Biotechnology & Medical Research
Sector: Healthcare
Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. It is developing ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase IIb clinical trial for the treatment of essential tremor, as well as in Phase II clinical trial to treat Parkinson's disease; PRAX-562 for the treatment of pediatric patients with developmental and epileptic encephalopathies (DEE); and PRAX-628 to treat focal epilepsy. The company also develops PRAX-222 for the treatment of pediatric patients with early-onset SCN2A-DEE; PRAX-020 to treat KCNT1 related epilepsies; PRAX-080 for the treatment of PCDH19; and PRAX-090 and PRAX-100 for SYNGAP1 and SCN2A-LoF. It has a license agreement with RogCon Inc.; a research collaboration and license agreement with Ionis Pharmaceuticals, Inc.; a strategic collaboration and license agreement with UCB Biopharma SRL; and collaboration with The Florey Institute to develop three novel ASOs. Praxis Precision Medicines, Inc. was incorporated in 2015 and is based in Boston, Massachusetts. Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, develops therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. It is developing ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase IIb Read MoreMavefund brings filings, fundamentals, valuation, price history and news for Praxis Precision Medicines Inc into one research view. The sections below show what strengthens or weakens the research case.
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Reported Results
What the company reported, with filing details kept small.
Quarterly result summary
Net loss was -$92.6M. R&D expense was $78M.
What changed
- Review the SEC source filing for the full reported results and management commentary.
Guidance / outlook
we expect topline results from the POWER1 study of vormatrigine in focal epilepsy this quarter, followed by the EMERALD readout in broad DEEs in the fourth quarter.
Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.
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Recent News
Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.
Praxis Precision Medicines: Priced For Half Of What I Think It's Worth (NASDAQ:PRAX)
Headline from Seeking Alpha: Praxis Precision Medicines: Priced For Half Of What I Think It's Worth (NASDAQ:PRAX).
Praxis Precision Medicines (PRAX) Enters Into Licensing and Research Collaboration With Remagine Labs
Headline from Yahoo Finance: Praxis Precision Medicines (PRAX) Enters Into Licensing and Research Collaboration With Remagine Labs.
Piper Sandler reiterates Praxis Precision Medicines stock rating
Headline from Investing.com: Piper Sandler reiterates Praxis Precision Medicines stock rating.
Goldman Sachs initiates Praxis Precision Medicines stock coverage with buy rating
Headline from Investing.com: Goldman Sachs initiates Praxis Precision Medicines stock coverage with buy rating.
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Financial Statements
Company-reported SEC EDGAR facts organized into the three core statements.
Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.