Praxis Precision Medicines, Inc.

The era of genetic neuroscience has arrived

General Information
Company Name
Praxis Precision Medicines, Inc.
Founded Year
2015
Location (Offices)
Boston, United States +1
Founders / Decision Makers
Number of Employees
122
Industries
Biotechnology, Health Care
Funding Stage
Post Ipo Equity
Social Media

Praxis Precision Medicines, Inc. - Company Profile

Praxis Precision Medicines, Inc. is a biotechnology startup founded in 2015 and based in the United States. The company is dedicated to translating genetic insights into the development of therapies for central nervous system disorders characterized by neuronal imbalance. Praxis utilizes its proprietary small molecule platform, Cerebrum™, and antisense oligonucleotide (ASO) platform, Solidus™, to target biological imbalances in the brain for both rare and prevalent neurological disorders. With a vision to reshape the human condition, Praxis aims to develop high-impact medicines to improve the lives of patients and families affected by complex brain disorders. Its focus on understanding shared biological targets and circuits in the brain has attracted significant attention and investment. In March 28, 2024, the company received a substantial $200.00M Post-IPO Equity investment, reflecting growing confidence in Praxis' innovative approach to addressing neurological disorders. As the era of genetic neuroscience arrives, Praxis Precision Medicines is poised to make a significant impact in the field of precision medicine.

Taxonomy: biopharmaceutical, genetic neuroscience, precision medicine, central nervous system disorders, neuronal imbalance, rare diseases, neurological disorders, psychiatric disorders, small molecule platform, antisense oligonucleotide platform, epilepsy, clinical-stage, neurological therapies, genetic insights, biological targets

Funding Rounds & Investors of Praxis Precision Medicines, Inc. (6)

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Funding Stage Amount No. Investors Investors Date
Post-IPO Equity $200.00M - 28 Mar 2024
Post-IPO Equity $150.00M - 11 Jan 2024
Post-IPO Equity $91.25M - 13 May 2021
Series C $110.00M 10 Surveyor Capital, Point72 Ventures 28 Jul 2020
Venture Round $18.79M - 20 Mar 2018

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Latest News of Praxis Precision Medicines, Inc.

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