Insights

Strategic financing Praxis has secured substantial funding (funding of 1.7B) and recent public offering activity, suggesting strong investor confidence and potential for scaled partnerships, collaborations, or co-development deals to leverage their Cerebrum and Solidus platforms.

CNS precision focus The company targets central nervous system disorders with genetic epilepsies translating into broader neurological conditions, presenting cross-sell opportunities to neuroscience and neurology pharma channels, contract work for target validation, and platform licensing for discovery.

Platform leverage With proprietary small molecule Cerebrum and antisense Solidus platforms, Praxis offers differentiated capabilities for target discovery and gene-silencing therapies, enabling collaboration offers for drug discovery as a service or platform licensing.

Investor activity Active participation in major investor conferences and a recent Goldman Sachs presentation indicate visibility to large biopharma partners and potential advisory or financing discussions that could evolve into strategic partnerships or licensing deals.

Global collaboration potential Ongoing research into sodium channel modulators and ASO delivery (including LNP formulations) points to opportunities with CROs, gene therapy specialists, and delivery-focused partners to accelerate development timelines and expand global reach.

Similar companies to Praxis Precision Medicines, Inc.

Praxis Precision Medicines, Inc. Tech Stack

Praxis Precision Medicines, Inc. uses 8 technology products and services including Zoho, NetSuite, Azure Active Directory, and more. Explore Praxis Precision Medicines, Inc.'s tech stack below.

Media & News

Praxis Precision Medicines, Inc.'s Email Address Formats

Praxis Precision Medicines, Inc. uses at least 4 email formats:
Praxis Precision Medicines, Inc. Email FormatsExamplePercentage
FLast@praxismedicines.comJDoe@praxismedicines.com
90%
First@praxismedicines.comJohn@praxismedicines.com
8%
FirstLast@praxismedicines.comJohnDoe@praxismedicines.com
1%
FirLast@praxismedicines.comJohDoe@praxismedicines.com
1%

Frequently Asked Questions

What is Praxis Precision Medicines, Inc.'s official website and social media links?

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Praxis Precision Medicines, Inc.'s official website is praxismedicines.com and has social profiles on LinkedIn and Crunchbase.

How much revenue does Praxis Precision Medicines, Inc. generate?

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As of August 2026, Praxis Precision Medicines, Inc.'s annual revenue is estimated to be $1M - $10M.

What is Praxis Precision Medicines, Inc.'s SIC code and NAICS code?

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Praxis Precision Medicines, Inc.'s SIC code is 8731 - Commercial Physical and Biological Research and NAICS code is 541714 - Research and Development in Biotechnology (except Nanobiotechnology).

How many employees does Praxis Precision Medicines, Inc. have currently?

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As of August 2026, Praxis Precision Medicines, Inc. has approximately 281 employees across 5 continents, including North America, Europe and South America. Key team members include Chief Regulatory And Quality Officer: A. W., Head Of Patient Services: S. M. and Head Of Business Operations Outsourcing: I. L. Explore Praxis Precision Medicines, Inc.'s employee directory with LeadIQ.

What industry does Praxis Precision Medicines, Inc. belong to?

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Praxis Precision Medicines, Inc. operates in the Biotechnology Research industry.

What technology does Praxis Precision Medicines, Inc. use?

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Praxis Precision Medicines, Inc.'s tech stack includes Zoho, NetSuite, Azure Active Directory, Atlassian Jira, DocuSign, Greenhouse, Microsoft Teams and Atlassian Confluence.

What is Praxis Precision Medicines, Inc.'s email format?

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Praxis Precision Medicines, Inc.'s email format typically follows the pattern of FLast@praxismedicines.com. Find more Praxis Precision Medicines, Inc. email formats with LeadIQ.

How much funding has Praxis Precision Medicines, Inc. raised to date?

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As of August 2026, Praxis Precision Medicines, Inc. has raised $1.7B in funding. The last funding round occurred on Jan 06, 2026 for $525M.
Praxis Precision Medicines, Inc. logo

Praxis Precision Medicines, Inc.

Biotechnology ResearchMassachusetts, United States201-500 Employees

Praxis Precision Medicines is a clinical-stage biotechnology company focused on central nervous system disorders characterized by neuronal imbalance. It translates genetic insights into therapies by targeting brain circuits involved in excitation and inhibition, pursuing treatments for both rare and more prevalent neurological conditions. The company advances discovery and development through proprietary platforms for small molecule therapies and antisense oligonucleotides.

Based in Boston, Massachusetts, Praxis operates in the CNS precision neuroscience space, developing medicines for patients and families affected by complex brain disorders. In June 2026, Praxis announced it would present a corporate overview at the Goldman Sachs 47th Annual Global Healthcare Conference in Miami, Florida.

Section iconCompany Overview

SIC Code
8731 - Commercial Physical and Biological Research
NAICS Code
541714 - Research and Development in Biotechnology (except Nanobiotechnology)
Employees
201-500

Section iconFunding & Financials

  • $1.7B

    Praxis Precision Medicines, Inc. has raised a total of $1.7B of funding over 8 rounds. Their latest funding round was raised on Jan 06, 2026 in the amount of $525M as a Post IPO Equity.

  • $1M - $10M

    Praxis Precision Medicines, Inc.'s revenue is estimated to be in the range of $1M - $10M

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