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Praxis Precision Medicines, Inc.

TickerPRAXVenueUSSectorHealthcarePrimary listingBeta2.78

Praxis Precision Medicines, Inc. is a United States-based company in the Healthcare sector with a market capitalisation of $7.3B. Its FinScore is 0/100; its highest-scoring layer is Momentum (30) and its lowest is Growth (0).

Market cap
$7.3B
P/E (TTM)
n.m.
Negative TTM earnings
ROE
-34.1%

Share price performance

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About Praxis Precision Medicines, Inc.

www.praxismedicines.com

Praxis Precision Medicines, Inc. is a biopharmaceutical firm operating at the clinical stage, dedicated to creating innovative treatments for central nervous system (CNS) conditions that stem from an imbalance in neuronal activity. The company's primary investigational compounds currently undergoing evaluation include: PRAX-114, an extrasynaptic-preferring positive allosteric modulator of the GABAA receptor, which is currently in Phase IIa clinical trials for addressing both major depressive disorder and perimenopausal depression. Additionally, PRAX-944, a small molecule designed to selectively inhibit T-type calcium channels, is also progressing through Phase IIa clinical trials to manage essential tremor. Beyond these, Praxis is also advancing a pipeline of other promising drug candidates, such as: PRAX-562, a persistent sodium current blocker, undergoing Phase I clinical evaluation for treating severe pediatric epilepsy and adult cephalgia (headaches). PRAX-222, an antisense oligonucleotide (ASO) aimed at individuals suffering from gain-of-function (GOF) SCN2A epilepsy. And a program targeting KCNT1 for the treatment of KCNT1 GOF epilepsy. To further its research and development efforts, Praxis maintains several strategic alliances. These include a cooperation and licensing arrangement with RogCon Inc.; a licensing deal with Purdue Neuroscience Company; a comprehensive research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc.; and a collaborative project with The Florey Institute focused on the creation of three new antisense oligonucleotides (ASOs). Established in 2015, the company's headquarters are situated in Boston, Massachusetts.

Profile
Sector
Healthcare
Industry
Biotechnology
HQ
United States
Fiscal year-end
December
Trading currency
USD
Reporting currency
USD
Fundamentals updated
74 days ago
Market
Market cap
$7.3B
Shares outstanding
27.9M
Beta (issuer)
2.81
Revenue (latest FY)
$0.0

Revenue breakdown

FY 2023$2.4M
  • License
    100.0%$2.4M

FinScore

As of 2026-10-19
Overall—
Quality28
Growth—
Value—
Momentum30

Snapshot

Ownership

As of 2026-06-30
Institutional
100.0%
Insider
7.6%
Free float
94.1%
Top-5 institutional holders
40.9%
Shares outstanding
27.9M
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