Praxis: Strong Buy As Relutrigine Submission Accepted Plus Expansion Potential [Seeking Alpha]
Praxis Precision Medicines, Inc. (PRAX)
Company Research
Source: Seeking Alpha
The company's relutrigine achieved a 46% placebo-adjusted reduction in motor seizure frequency for SCN2A/SCN8A DEE and is under FDA priority review with a PDUFA date of September 27, 2026. Pipeline expansion includes relutrigine's potential sNDA for broad DEE and elsunersen for early-onset SCN2A DEE, with key data readouts expected in 2026–2027. With $926.1M cash at 2025 year-end and a $621.2M January 2026 raise, PRAX is funded into 2028, supporting robust R&D and regulatory milestones. Looking for a portfolio of ideas like this one? Members of Biotech Analysis Central get exclusive access to our subscriber-only portfolios. Learn More » Tashi-Delek/E+ via Getty Images The last time I spoke about Praxis Precision Medicines, Inc. ( PRAX ), it was in a Seeking Alpha article entitled " Praxis: Moving To Strong Buy Based On Ulixacaltamide Success In Treating ET More on my IG service This article is published by Terry Chrisomalis, who runs the Biotech Analysis Central pharmac
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PRAX
News
- Praxis Precision Medicines (PRAX) had its "buy" rating reaffirmed by Deutsche Bank Aktiengesellschaft.MarketBeat
- Praxis Precision Medicines (PRAX) had its "buy" rating reaffirmed by Needham & Company LLC. They now have a $510.00 price target on the stock.MarketBeat
- Praxis Precision Medicines Announces FDA Acceptance of New Drug Application for Ulixacaltamide HCl in Patients with Essential TremorGlobeNewswire
- Praxis to Showcase Essential3, the First Positive Phase 3 Program in Essential Tremor, at AAN 2026GlobeNewswire
- Praxis Precision Medicines (PRAX) was upgraded by Raymond James Financial, Inc. to "strong-buy".MarketBeat
PRAX
Earnings
- 2/19/26 - Miss
PRAX
Sec Filings
- 4/14/26 - Form 8-K
- 4/6/26 - Form 8-K
- 3/27/26 - Form SCHEDULE
- PRAX's page on the SEC website