
Prime Medicine, Inc. Common Stock
PRME · NASDAQ · Healthcare / Biotechnology
Price History
Full chartMarket Stats
About
Prime Medicine, Inc., a biotechnology company, engages in delivering genetic medicines to address the spectrum of diseases by deploying gene editing technology in the United States. Its lead therapeutic product candidate is PM359 for Chronic Granulomatous Disease, which is in Phase 1/2 clinical trial; PM577 for Wilson Disease, that is in preclinical studies; and PM647 to treat genetic disorder caused by mutations in the SERPINA1 gene, resulting in production of misfolded Z-AAT protein that accumulates in the liver and leads to hepatocellular injury, cirrhosis, and increased risk of hepatocellular carcinoma. The company also provides vivo programs targeting diseases of the liver, and Cystic Fibrosis programs. In addition, it offers Prime Editing technology comprising a programmable DNA binding domains, such as Cas domains, are typically modified such that they do not cause a double-stranded break in the DNA, as well as a RT domain that copies the edited DNA sequence directly into the target genomic site where the edit is made; and pegRNA which contains a search sequence, also known as a spacer, which provides a target genomic address for the Prime Editor. The company has a research collaboration and license agreement with BMS; Cystic Fibrosis Foundation; Broad Institute; and Beam. Prime Medicine, Inc. was incorporated in 2019 and is headquartered in Cambridge, Massachusetts.
Company Details
- SectorHealthcare
- IndustryBiotechnology
- CEODr. Allan Reine M.D.
- Employees146
- Headquarters60 First Street, Cambridge, MA, United States, 02141, USA
- Websitehttps://primemedicine.com
Leadership
- Mr. Jeffrey D. Marrazzo M.B.A., M.P.A.Executive Chair · b. 1979
- Dr. Allan Reine M.D.CEO & Director · b. 1975
- Dr. Ann L. Lee Ph.D.Chief Technical Officer · b. 1962
- Dr. Andrew Anzalone M.D., Ph.D.Co-Founder & Head of Platform · b. 1987
- Dr. David R. Liu Ph.D.Co-Founder & Member of Scientific Advisory Board
- Ms. Svetlana MakhniChief Financial Officer · b. 1984
- Mr. Ryan E. Brown J.D.Chief Legal Officer · b. 1979
- Ms. Niamh AlixChief Human Resources Officer
- Mr. Mohammed Asmal M.D., Ph.D.Chief Medical Officer
- Dr. Matthew J. Hawryluk M.B.A., Ph.D.Chief Business Officer · b. 1979
Financials
Income Statement
Balance Sheet
Cash Flow
Earnings
Key Statistics & Ratios
Analyst Ratings
- Strong Buy6
- Buy2
- Hold4
Ownership Breakdown
- Institutions
- 70.97%
- Insiders
- 23.66%
- Retail / Other
- 5.37%
Top Institutional Holders
- Alphabet Inc16.56M9.13%
- BlackRock Inc8.50M4.69%
- State Street Corp6.35M3.50%
- ARK Investment Management LLC6.25M3.44%
- T. Rowe Price Investment Management,Inc.5.48M3.02%
- Vanguard Capital Management, LLC4.47M2.47%
- Balyasny Asset Management LLC4.12M2.27%
- Casdin Capital, LLC3.17M1.75%
- Woodline Partners LP3.00M1.66%
- UBS Group AG2.89M1.59%
- Geode Capital Management, LLC2.74M1.51%
- Sumitomo Mitsui Trust Group Inc2.41M1.33%
- Amova Asset Management Americas, Inc2.41M1.33%
- Citadel Advisors Llc2.05M1.13%
Top Fund Holders
- ARK Genomic Revolution ETF7.96M4.39%
- State Street® SPDR® S&P® Biotech ETF5.52M3.04%
- Vanguard MStar Total Stk Mkt Idx Invest3.12M1.72%
- Amova ARK Pstv Chg Innovt P JPY Acc2.57M1.42%
- ARK Venture D2.48M1.37%
- iShares Russell 2000 ETF2.47M1.36%