PR

Prime Medicine IncNASDAQ PRME Stock Report

Last reporting period 30 Sep, 2024

Updated 20 Nov, 2024

Last price

Market cap $B

1.45

Small

Exchange

XNAS - Nasdaq

PRME Stock Analysis

PR

Uncovered

Prime Medicine Inc is uncovered by Eyestock quantitative analysis.

Rating

To assess the quality of a company's business, we have collected all financial data from the statements and presented them in the form of a single number - the company's rating. Rating value of 100 is the threshold for determining a viable investment.

-5/100

Low score

Market cap $B

1.45

Dividend yield

Shares outstanding

97.209 B

Prime Medicine, Inc. operates as a biotechnology company. The company is headquartered in Cambridge, Massachusetts and currently employs 175 full-time employees. The company went IPO on 2022-10-20. The firm is engaged in multiple drug discovery programs that target liver, eye, ex-vivo hematopoietic stem cell and neuro-muscular indications. The firm's Prime Editing, a transformative technology that addressed the cause of genetic disease. The firm's collaborative approach help fight disease and accelerating the development of Prime Editing to deliver therapies for patients. Its Prime Editing is used to modify gene-regulatory sequences. These edits can be made in therapeutically relevant cells and organs, including specialized terminally differentiated cells. Its Prime Editing acts as a Deoxyribonucleic acid (DNA) word processor, with the power to search and replace genetic sequences at their exact location in the genome, all without making double-strand breaks in DNA.

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