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Praxis Precision Medicines Q3 2024 Earnings Report

Praxis Precision Medicines logo
$72.11 -5.75 (-7.39%)
(As of 12/3/2024 ET)

Praxis Precision Medicines EPS Results

Actual EPS
-$2.75
Consensus EPS
-$2.01
Beat/Miss
Missed by -$0.74
One Year Ago EPS
-$2.70

Praxis Precision Medicines Revenue Results

Actual Revenue
$0.30 million
Expected Revenue
$0.53 million
Beat/Miss
Missed by -$230.00 thousand
YoY Revenue Growth
N/A

Praxis Precision Medicines Announcement Details

Quarter
Q3 2024
Time
Before Market Opens
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Praxis Precision Medicines Earnings Headlines

Praxis Precision Medicines, Inc. (PRAX)
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Piper Sandler Gives a Buy Rating to Praxis Precision Medicines (PRAX)
See More Praxis Precision Medicines Headlines
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About Praxis Precision Medicines

Praxis Precision Medicines, Inc., a clinical-stage biopharmaceutical company, engages in the development of therapies for central nervous system disorders characterized by neuronal excitation-inhibition imbalance. It is developing ulixacaltamide, a small molecule inhibitor of T-type calcium channels that is in Phase III clinical trial for the treatment of essential tremor; PRAX-562 for the treatment of pediatric patients with developmental and epileptic encephalopathies (DEE); and PRAX-628 to treat focal epilepsy. The company also develops PRAX-222 for the treatment of pediatric patients with early-onset SCN2A-DEE; PRAX-020 to treat KCNT1 related epilepsies; PRAX-080 for the treatment of PCDH19; and PRAX-090 and PRAX-100 for SYNGAP1 and SCN2A-LoF. It has a license agreement with RogCon Inc.; a research collaboration and license agreement with Ionis Pharmaceuticals, Inc.; a strategic collaboration and license agreement with UCB Biopharma SRL; and collaboration with The Florey Institute to develop three novel ASOs. The company was incorporated in 2015 and is based in Boston, Massachusetts.

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