PRAX

Praxis Precision Medicines Inc

PRAX.US praxismedicines.com
334.58
-3.99 (-1.18%)
USD · NASDAQ
52-week range
37.25
392.70
Trading at 84% of the 52-week range
Market Cap
9.34B
P/E Ratio
0.00
Forward P/E
0.00
Book Value
48.04
Div. Yield
N/A
% Institutions
123.17%
% Insiders
0.276%

1 Year

+748.8%

3 Year

+1,528.1%

10 Year

-19.8%
Description

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.

Company Information

Company Name
Praxis Precision Medicines Inc
Sector
Healthcare
Industry
Biotechnology
Exchange
NASDAQ
ISIN: US74006W2070
CIK: 0001689548
CUSIP: 74006W108
Currency: USD
Full Time Employees: 168
Phone: 617 300 8460
Fiscal Year End: December
IPO Date: Oct 16, 2020
Description:

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.

Address:

99 High Street, Boston, MA, United States, 02110

People

Directors & Officers

Name Title Year Born
Mr. Marcio Silva De'Souza M.B.A. President, CEO & Director 1979
Mr. Timothy Edwin Kelly CFO & Treasurer 1973
Mr. Alex Nemiroff J.D. General Counsel & Secretary 1979
Dr. Steven Petrou B.Sc. (Hons.), Ph.D. Co-Founder and President of Research & Development NA
Ms. Megan T. Sniecinski Chief Operating Officer 1981
Dr. Karl Hansen Ph.D. Chief Technical Operations Officer NA
Ms. Kelly McCue Chief People Officer NA
Ms. Alyssa J. S. Wyant Chief Regulatory & Quality Officer 1975
Mr. Brian Spar Chief of Staff NA
Dr. Orrin Devinsky M.D., Ph.D. Head of Clinical Strategy 1958

Insider Trading

Date Insider Name Title Transaction Type Shares Price Value
Nov 20, 2025 Alex Nemiroff N/A Sale 25.13K $193.09 $4.85M
Nov 20, 2025 Lauren Mastrocola N/A Sale 13.60K $192.08 $2.61M

Shareholders

Institutional Holders

Holder Name Shares Date Reported % Out Value % Change
HHG PLC 3.46M Mar 31, 2026 12.39% $0.53 6.75%
Orbis Allan Gray Ltd 2.47M Mar 31, 2026 8.86% $3.36 96.98%
BlackRock Inc 2.32M Mar 31, 2026 8.33% $0.01 11.86%
FMR Inc 2.16M Mar 31, 2026 7.74% $0.04 59.05%
Perceptive Advisors LLC 2.04M Mar 31, 2026 7.29% $12.82 2.00%
Baker Bros Advisors LP 1.75M Mar 31, 2026 6.28% $3.24 55.63%
Vanguard Capital Management, LLC 1.22M Mar 31, 2026 4.38% $0.01 0.00%
Adage Capital Partners Gp LLC 1.02M Jun 30, 2026 3.64% $0.48 24.49%
Deerfield Management Co 963.35K Mar 31, 2026 3.45% $3.66 6.64%
Driehaus Capital Management LLC 949.23K Mar 31, 2026 3.40% $2.25 1.73%
Cormorant Asset Management, LLC 885.50K Mar 31, 2026 3.17% $14.33 -6.79%
State Street Corp 884.24K Mar 31, 2026 3.17% $0.01 0.23%
Morgan Stanley - Brokerage Accounts 833.49K Mar 31, 2026 2.99% $0.02 -6.34%
Vanguard Portfolio Management, LLC 756.75K Mar 31, 2026 2.71% $0.01 0.00%
The Goldman Sachs Group Inc 710.73K Mar 31, 2026 2.55% $0.03 -0.76%
Geode Capital Management, LLC 650.90K Mar 31, 2026 2.33% $0.01 15.74%
T. Rowe Price Associates, Inc. 630.85K Mar 31, 2026 2.26% $0.02 -19.74%
Bank of America Corp 534.60K Mar 31, 2026 1.91% $0.01 2.27%
RA Capital Management, LLC 373.79K Mar 31, 2026 1.34% $1.28 0.00%
Hood River Capital Management LLC 358.62K Mar 31, 2026 1.28% $1.16 23.89%

Fund Holdings

Rank Holder Name Shares Held % of Shares Change Date Reported
1 Vanguard MStar Total Stk Mkt Idx Invest 888.23K 3.18% ▲ 0.30% Jul 31, 2026
2 iShares Russell 2000 ETF 643.94K 2.31% ▼ 0.56% Aug 31, 2026
3 Vanguard Small Cap Index 640.58K 2.29% ▲ 0.19% Jul 31, 2026
4 Orbis Global Equity Investor 567.38K 2.03% ▲ 108.66% Mar 31, 2026
5 State Street® SPDR® S&P® Biotech ETF 435.78K 1.56% ▼ 1.06% Aug 31, 2026
6 Fidelity Select Biotechnology 411.43K 1.47% ▲ 0.00% Jul 31, 2026
7 Janus Henderson Global Life Sciences D 388.93K 1.39% ▼ 1.49% Apr 30, 2026
8 Vanguard MStar Small Cap Value Index 383.16K 1.37% ▼ 5.60% Jul 31, 2026
9 Janus Henderson Global Life Sciences 379.35K 1.36% ▼ 3.92% Jun 30, 2026
10 Janus Henderson Mid Cap Growth MA 358.09K 1.28% ▲ 0.00% Jun 30, 2026

Financial Highlights

Market Cap: $9.34B
EBITDA: $-378.05M
Book Value: $48.04
Earnings/Share: $-12.97
Profit Margin: 0.00%
Operating Margin: 0.00%
ROA (TTM): -25.65%
ROE (TTM): -38.86%
Revenue (TTM): $7.46M
Revenue/Share (TTM): $0.35
Earnings Growth (YOY): 0.00%
Revenue Growth (YOY): 1,349.10%

Valuation Metrics

Enterprise Value: $8.70B
Trailing P/E: 0.00
Forward P/E: 0.00

Shares Statistics

Shares Outstanding: 27.92M
Shares Float: 24.08M
% Insiders: 0.276%
% Institutions: 123.17%
Short % Float: 13.43%

Stock Price History

1 Year Price History

3 Years Price History

10 Years Price History

Financial Charts

Revenue, Net Income & Operating Cash Flow (Yearly)

Revenue, Net Income & Operating Cash Flow (Quarterly)

Operating Expenses (Yearly)

Operating Expenses (Quarterly)

Balance Sheet (Quarterly)

Assets Breakdown (Yearly)

Assets Breakdown (Quarterly)

Liabilities Breakdown (Yearly)

Liabilities Breakdown (Quarterly)

Income Statement Waterfall

Open full waterfall
Line Item
Step Type
Value
Revenue
adjust
$0.00
Cost of Goods Sold
adjust
$-140.00K
Gross Profit
subtotal
$-140.00K
SG&A
adjust
$-59.08M
R&D
adjust
$-267.12M
Operating Income
subtotal
$-326.20M
Other / Non-Operating Items
adjust
$22.93M
Net Income
subtotal
$-303.27M

Earnings Per Share (EPS) History

Financial Ratios

📦 Raw API Data (JSON Explorer)

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