Prime Medicine, Inc.PRME

$3.23+0.07 (+2.22%)
NASDAQHealthcare24:00 UTC

Company snapshot

Market Cap
$572M
Small-cap
-60%
2022 — today
10-Year Price
-78%
2022 — today
52-Week Range
$2.16$6.67
Current $3.23· 24%

Prime Medicine, Inc. operates as a biotechnology firm, dedicated to delivering genetic therapies for various diseases by strategically employing advanced gene editing technology. Central to their platform is the "Prime Editor" system, which combines a unique Prime Editor protein—a hybrid composed of a Cas protein and a reverse transcriptase enzyme—with a specialized pegRNA molecule. This pegRNA plays a crucial role by both guiding the Prime Editor to a precise location within the genome and providing the essential template for introducing the desired modification to the target DNA sequence. The company, founded in 2019, maintains its headquarters in Cambridge, Massachusetts.

Valuation in context

P/E ratio
-2.5
N/A
Not meaningful — company is unprofitable
P/B ratio
7.5
Historically pricey
Historically pricey — last 10 years
FCF Yield
-27.8%
Below average
Below the 10-year average
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