Praxis Precision Medicines, Inc. (PRAX)

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Company Performance

Current Price

as of Oct 16, 2024

$74.06

P/E Ratio

N/A

Market Cap

$1.32B

Description

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.

Metrics

Overview

  • HQBoston, MA
  • SectorHealth Technology
  • IndustryPharmaceuticals: Major
  • TickerPRAX
  • Price$74.06+2.79%

Trading Information

  • Market Cap$1.32B
  • Float92.37%
  • Average Daily Volume (1m)301,803
  • Average Daily Volume (3m)262,964
  • EPS-$10.27

Company

  • Revenue$1.77M
  • Rev Growth (1yr)-54.29%
  • Net Income-$32.68M
  • Gross Margin70.03%
  • EBITDA Margin-10,470.87%
  • EBITDA-$37.38M
  • EV$428.65M
  • EV/Revenue242.04
  • P/EN/A
  • P/S787.21
  • P/B3.14