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Praxis Precision Medicines

Praxis Precision Medicines logo
🇺🇸United States
Ownership
Public
Established
2015-09-22
Employees
82
Market Cap
$950.3M
Website
http://www.praxismedicines.com
Introduction

Praxis Precision Medicines, Inc. is a clinical-stage biopharmaceutical company, which engages in the genetic epilepsies into the development of therapies for central nervous system, or CNS, disorders characterized by neuronal excitation-inhibition imbalance. It focuses on two proprietary platforms: Cerebrum and Solidus. The Cerebrum platform utilizes a deep understanding of neuronal excitability and neuronal networks and applies a series of computational and experimental tools to develop orally available precision therapies. The Solidus platform consists of antisense oligonucleotide, or ASO. It is a targeted precision medicine discovery and development engine anchored on a proprietary, computational methodology. The company was founded by Kiran Reddy, David Goldstein, and Steven Petrou on September 22, 2015 and is headquartered in Boston, MA.

tipranks.com
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Praxis Precision Advances CNS Disorder Therapies

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marketscreener.com
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Praxis Precision Medicines, Inc. Reports Earnings Results for the Third Quarter and Nine

Praxis Precision Medicines reported a Q3 net loss of USD 51.91 million (basic/diluted loss per share: USD 2.75) and a nine-month net loss of USD 124.14 million (basic/diluted loss per share: USD 7.21) as of September 30, 2024.
finance.yahoo.com
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Praxis Precision Medicines Provides Corporate Update and Reports Third Quarter 2024

Praxis Precision Medicines reports significant progress in pipeline, including advancing relutrigine to late-stage development and finalizing plans for ulixacaltamide's interim analysis. Positive results from EMBOLD cohort 1 highlight relutrigine's potential as a first- and best-in-class therapy for DEEs. Financials show $411.2 million in cash, cash equivalents, and marketable securities as of September 30, 2024, with a net loss of $51.9 million for Q3 2024.
globenewswire.com
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Praxis Precision Medicines Provides Corporate Update and

Praxis Precision Medicines reports progress in essential tremor treatment with ulixacaltamide, seizure-free outcomes in DEEs with relutrigine, and advances in focal epilepsy and generalized epilepsy treatments with vormatrigine. Financial results show increased cash reserves and operational expenses, with a net loss for Q3 2024.
marketscreener.com
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Praxis Precision Medicines to Announce Third Quarter 2024 Financial Results and Host ...

Praxis Precision Medicines to report Q3 2024 financial results on Nov 6, hosting a live webcast at 8am ET, with a replay available for 90 days. Praxis focuses on CNS disorder therapies derived from genetic epilepsies, utilizing platforms Cerebrum™ and Solidus™.
globenewswire.com
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Praxis Precision Medicines to Announce Third Quarter 2024

Praxis Precision Medicines to report Q3 2024 financial results on Nov 6, hosting a live webcast at 8am ET, with a 90-day replay available on their website.
hastingstribune.com
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Praxis Precision Medicines presents on ulixacaltamide Essential3 program at the Movement

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Precision Medicine News Brief for January 2024

Precision medicine tailors treatment to individual genetic blueprints, with AI and partnerships driving innovation. Key players like Snowflake and BGI Genomics are advancing the field. Challenges include cost, regulatory barriers, and ethical concerns. Strategic insights suggest embracing AI, fostering collaborations, and ensuring ethical compliance for future advancements.
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