Praxis Precision Medicines Inc - Company Profile
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Praxis Precision Medicines Inc (Praxis) is a clinical-stage biopharmaceutical company that leverages genetic epilepsy insights, develops therapies for central nervous system (CNS) disorders, and targets neuronal excitation-inhibition imbalance. Its pipeline products include ulixacaltamide which treats essential tremor; vormatrigine for focal onset seizures and generalized epilepsy; relutrigine which targets developmental and epileptic encephalopathies (DEE), and elsunersen for sodium voltage-gated channel alpha subunit 2 – developmental and epileptic encephalopathy; PRAX-020 which targets KCNT1 epilepsy; PRAX-050 which treats movement disorders; among others. It utilizes proprietary platform technologies, including the Cerebrum, small molecule platform for orally available precision therapies and the Solidus, antisense oligonucleotide (ASO) platform for targeted drug discovery. Praxis is headquartered in Boston, Massachusetts, the US.
Praxis Precision Medicines Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Platform: | Cerebrum |
| Cerebrum | Solidus |
| Solidus | DARE FOR MORE |
| XYZ | |
| XYZ | |
| XYZ |
Competitor Comparison
| Key Parameters | Praxis Precision Medicines Inc | H. Lundbeck AS | Stoke Therapeutics Inc | Xenon Pharmaceuticals Inc | Azevan Pharmaceuticals Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | Denmark | United States of America | Canada | United States of America |
| City | Boston | Valby | Bedford | Vancouver | Bethlehem |
| State/Province | Massachusetts | - | Massachusetts | British Columbia | Pennsylvania |
| No. of Employees | 168 | 5,000 | 170 | 358 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Dean Mitchell | Chairman | Executive Board | 2020 | 70 |
| Marcio Souza | President; Director; Chief Executive Officer | Executive Board | 2020 | 47 |
| Timothy Kelly | Chief Financial Officer | Senior Management | 2021 | 53 |
| Megan Sniecinski | Chief Operating Officer | Senior Management | 2026 | 45 |
| Kelly McCue | Chief People Officer | Senior Management | 2020 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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