Praxis Precision Medicines Inc (PRAX) Reports Full-Year 2023 Financial Results and Corporate Updates [Yahoo! Finance]
Praxis Precision Medicines, Inc. (PRAX)
Company Research
Source: Yahoo! Finance
Research and Development : R&D expenses decreased to $86.8 million in 2023 from $155.0 million in 2022, reflecting strategic focus and operational efficiencies. General and Administrative Expenses : G&A expenses reduced to $42.1 million in 2023 from $59.9 million in 2022, due to decreased headcount and professional fees. Net Loss : Reported a net loss of $123.3 million for the year ended December 31, 2023, compared to a net loss of $214.0 million for the previous year. Collaboration Revenue : Recognized $2.4 million in collaboration revenue in 2023 related to the Option and License Agreement with UCB. Stock Performance : As of December 31, 2023, Praxis had 8.8 million shares of common stock outstanding. Warning! GuruFocus has detected 3 Warning Sign with PRAX. On March 5, 2024, Praxis Precision Medicines Inc ( NASDAQ:PRAX ), a clinical-stage biopharmaceutical company focused on CNS disorders, released its 8-K filing , providing a corporate update and reporting financial r
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PRAX
News
- Praxis Precision Medicines, Inc. Announces Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)GlobeNewswire
- Praxis Precision Medicines, Inc. (NASDAQ: PRAX) is now covered by analysts at Robert W. Baird. They set an "outperform" rating and a $117.00 price target on the stock.MarketBeat
- Praxis Precision Medicines, Inc. (NASDAQ: PRAX) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $105.00 price target on the stock.MarketBeat
- Praxis Precision Medicines to Present on Ulixacaltamide at the American Academy of Neurology 2024 Annual Meeting [Yahoo! Finance]Yahoo! Finance
- Praxis Precision Medicines to Present on Ulixacaltamide at the American Academy of Neurology 2024 Annual MeetingGlobeNewswire
PRAX
Earnings
- 3/5/24 - Beat
PRAX
Sec Filings
- 4/26/24 - Form DEFA14A
- 4/26/24 - Form DEF
- 3/29/24 - Form 8-K
- PRAX's page on the SEC website