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Praxis Precision Medicines, Inc. Stock Price, News & Analysis

PRAX Nasdaq

Welcome to our dedicated page for Praxis Precision Medicines news (Ticker: PRAX), a resource for investors and traders seeking the latest updates and insights on Praxis Precision Medicines stock.

Praxis Precision Medicines, Inc. (NASDAQ: PRAX) delivers targeted therapies for central nervous system disorders through its precision medicine approach. This news hub provides investors and industry professionals with essential updates on clinical developments, regulatory milestones, and strategic partnerships.

Access timely press releases covering trial results, platform innovations (including Cerebrum™ small molecule and Solidus™ ASO technologies), and progress in treating epilepsy, depression, and essential tremor. Our curated collection ensures you stay informed about PRAX's advancements in addressing neuronal excitation-inhibition imbalances through genetic insights.

Discover updates categorized by clinical trial phases, collaborative research initiatives, and therapeutic area developments. Bookmark this page for streamlined access to Praxis' latest scientific achievements and corporate announcements in the CNS biopharmaceutical space.

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Praxis Precision Medicines (NASDAQ: PRAX) announced its presentations at the American Academy of Neurology (AAN) 2023 Annual Meeting, scheduled from April 22-27 in Boston. The company aims to discuss significant advances in its clinical programs focused on central nervous system disorders. Noteworthy highlights include the release of topline results from the ulixacaltamide Essential1 Phase 2 study in essential tremor and upcoming patient doses for the PRAX-222 EMBRAVE and PRAX-562 EMBOLD studies. The presentations will cover key topics such as the challenges of SCN2A and SCN8A-related disorders. These updates underscore Praxis' commitment to developing innovative therapies for CNS conditions.

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Praxis Precision Medicines (NASDAQ: PRAX) has scheduled an end-of-phase 2 meeting with the FDA for ulixacaltamide, aimed at treating Essential Tremor (ET), in June 2023. The company will also present key findings from its Essential1 trial at various medical conferences, including the 75th Annual AAN on April 23, 2023, and the World Congress on Parkinson’s Disease on May 15, 2023. Ulixacaltamide is a selective T-type calcium channel blocker designed to mitigate tremor activity, a common neurological disorder affecting roughly seven million people in the U.S. The current pharmacotherapy options are limited, underscoring the need for effective treatments, which may position ulixacaltamide favorably in the market.

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Praxis Precision Medicines (NASDAQ: PRAX) has announced that management will present at the 22nd Annual Needham Virtual Healthcare Conference on April 17, 2023, at 12:45 p.m. ET. The presentation will be accessible via a live webcast on the company's website, with a replay available for 90 days post-event.

Praxis focuses on developing therapies for central nervous system (CNS) disorders that stem from neuronal excitation-inhibition imbalances. The company utilizes its proprietary platforms, Cerebrum™ and Solidus™, to leverage genetic insights for creating therapies for rare and prevalent neurological conditions. With a diverse portfolio, Praxis has multiple clinical-stage product candidates targeting movement disorders and epilepsy.

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FAQ

What is the current stock price of Praxis Precision Medicines (PRAX)?

The current stock price of Praxis Precision Medicines (PRAX) is $37.1 as of May 14, 2025.

What is the market cap of Praxis Precision Medicines (PRAX)?

The market cap of Praxis Precision Medicines (PRAX) is approximately 775.9M.
Praxis Precision Medicines, Inc.

Nasdaq:PRAX

PRAX Rankings

PRAX Stock Data

775.85M
18.99M
0.46%
108.65%
9.03%
Biotechnology
Pharmaceutical Preparations
Link
United States
BOSTON