Praxis Precision Medicines Inc
NASDAQ:PRAX

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Praxis Precision Medicines Inc
NASDAQ:PRAX
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Price: 76.52 USD 5.05% Market Closed
Market Cap: 1.4B USD
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Praxis Precision Medicines Inc
Tax Provision

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
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Praxis Precision Medicines Inc
Tax Provision Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Tax Provision CAGR 3Y CAGR 5Y CAGR 10Y
Praxis Precision Medicines Inc
NASDAQ:PRAX
Tax Provision
N/A
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
Abbvie Inc
NYSE:ABBV
Tax Provision
-$2.1B
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
-6%
Gilead Sciences Inc
NASDAQ:GILD
Tax Provision
-$63m
CAGR 3-Years
68%
CAGR 5-Years
48%
CAGR 10-Years
30%
Amgen Inc
NASDAQ:AMGN
Tax Provision
-$449m
CAGR 3-Years
19%
CAGR 5-Years
19%
CAGR 10-Years
0%
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
Tax Provision
-$739.4m
CAGR 3-Years
-9%
CAGR 5-Years
-31%
CAGR 10-Years
-61%
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
Tax Provision
-$314.9m
CAGR 3-Years
33%
CAGR 5-Years
-20%
CAGR 10-Years
3%
No Stocks Found

Praxis Precision Medicines Inc
Glance View

Market Cap
1.4B USD
Industry
Biotechnology

In the realm of biotechnology, Praxis Precision Medicines Inc. has emerged as a distinctive player, navigating the intricate path of neuropsychiatric and neurological disorder treatment. Founded with a mission to develop therapies that directly address the underlying causes of brain disorders, Praxis capitalizes on the integration of genetic insights and brain circuitry. This approach fuels the company’s innovative pipeline, which aims to launch first-in-class or best-in-class treatments for conditions often considered unmanageable or neglected. By leveraging deep genetic knowledge and pioneering circuit-based methodologies, Praxis concentrates its research on specific neural pathways in the hope of crafting target-specific drugs, thereby enhancing both efficacy and safety for patients. Praxis Precision Medicines generates revenue primarily through the clinical development and eventual commercialization of its drug candidates. The company invests heavily in research and development, often funded by strategic partnerships, private investments, and public offerings. As Praxis advances its drug candidates through various phases of clinical trials, it also seeks to strike beneficial collaborations with larger pharmaceutical entities, thus securing upfront payments, milestone fees, and royalties. This business model allows Praxis to sustain its scientific endeavors while setting the stage for potential revenue streams, contingent upon the successful approval and market introduction of its innovative therapies. Through this cycle of rigorous R&D and strategic partnerships, Praxis aims to transform its cutting-edge research into tangible medical solutions, contributing to its growth and financial health.

PRAX Intrinsic Value
13.88 USD
Overvaluation 82%
Intrinsic Value
Price

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