Praxis Precision Medicines Inc - Company Profile

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Praxis Precision Medicines Inc: Overview

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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.

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Headquarters United States of America

Address 99 High Street, 30th Floor, Boston, Massachusetts, 02110


Telephone 1 617 3008460

No of Employees 168

Industry Pharmaceuticals and Healthcare

Ticker Symbol & Exchange PRAX (NASD)

EPS XYZ

Net Income (2024) XYZ -65.9% (2024 vs 2023)

Market Cap* $8.9B

Net Profit Margin (2023) XYZ 57.6% (2024 vs 2023)

   

* As of and is in US$
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Praxis Precision Medicines Inc premium industry data and analytics

40+

Catalyst Calendar

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Clinical Trials

Determine Praxis Precision Medicines Inc go-to-market proposition and gain insight into the company’s clinical operations, recruitment, and trial strategy.

16+

Pipeline Drugs

Identify which of Praxis Precision Medicines Inc’s products will be commercialized, helping you to better contend with shifting product portfolios, and allowing you to stay one step ahead of the market.

1

Regulatory Milestones

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1

Insights

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Products and Services

Products Brands
Platform: Cerebrum
Cerebrum Solidus
Solidus DARE FOR MORE
XYZ
XYZ
XYZ
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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
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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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