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Praxis Precision Medicines, Inc

PRAX โ€ข NASDAQ
$368.46-$17.87ย  (4.63%)
Estimate
EPS
-13.07
Beta
2.776
Growth
Net income, YoY
-17.7%
FCF, YoY
-42.14%
Forecast
EPS (FWD)
-9.454
About the company
Ticker
PRAX
ISIN
US74006W1080
Country
United States of America
Sector (GICS)
Healthcare
Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system (CNS) disorders characterized by neuronal excitation-inhibition imbalance in the United States. The company's platforms include Cerebrum, a small molecule platform for CNS small molecule therapies to develop orally available precision therapies; and Solidus to discover and develop antisense oligonucleotide. It also develops ulixacaltamide, a small molecule inhibitor of T-type calcium channels that in NDA for the treatment of essential tremor; relutrigine, a small molecule, which is in NDA for the treatment of SCN2A- and SCN8A-developmental and epileptic encephalopathies (DEE), as well as in Phase 3 trial for broad DEEs; vormatrigine, a small molecule targeting the hyperexcitable state of sodium-channels in the brain that is in Phase 3 trial for the treatment of adjunctive focal epilepsy, as well as in Phase 2 trial for monotherapy focal epilepsy; and Elsunersen, a clinical-stage ASO designed to selectively decrease SCN2A gene expression, which is in Phase 3 trial for the treatment of SCN2A-DEE. In addition, the company is developing product candidates in pre-clinical trial comprising PRAX-020 to treat KCNT1; PRAX-080 that targets PCDH19 mosaic expression disorders; PRAX-090 for targeting SYNGAP1 loss-of-function; and PRAX-100 that targets SCN2A LoF mutations. It has a cooperation and license agreement with RogCon Inc.; research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc.; and research collaboration and license agreement to develop an iontophoretic transdermal patch for the delivery of ulixacaltamide. The company was formerly known as EpiPM Therapeutics, Inc. and changed its name to Praxis Precision Medicines, Inc. in October 2016. Praxis Precision Medicines, Inc. was incorporated in 2015 and is headquartered in Boston, Massachusetts.

Frequently asked questions

What sector does Praxis Precision Medicines, Inc (PRAX) operate in?

Praxis Precision Medicines, Inc belongs to the Healthcare sector and operates in the Biotechnology industry.

What is Praxis Precision Medicines, Inc (PRAX) current stock price?

As of the latest data, Praxis Precision Medicines, Inc stock price is $368.46, with a previous close of $386.33. Praxis Precision Medicines, Inc lost -$17.87 in the last trading session, representing a -4.63% loss.

What is Praxis Precision Medicines, Inc (PRAX) current market capitalization?

Praxis Precision Medicines, Inc market cap is approximately 10.27 billion.

What is Praxis Precision Medicines, Inc (PRAX) Earnings Per Share (EPS)?

The trailing EPS is -$13.07, and the forward EPS is -$9.45.

What is Praxis Precision Medicines, Inc (PRAX) EBITDA?

Praxis Precision Medicines, Inc EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) is -83.69 million.

Does Praxis Precision Medicines, Inc (PRAX) pay dividends?

No. Praxis Precision Medicines, Inc does not pay a dividend.

What is Praxis Precision Medicines, Inc (PRAX) beta (volatility) score?

Praxis Precision Medicines, Inc has a beta of 2.776, indicating very high volatility compared to the market.