STOCK TITAN

Prime Medicine Stock Price, News & Analysis

PRME NASDAQ

Company Description

Overview of Prime Medicine Inc.

Prime Medicine Inc. is a biotechnology company specializing in next-generation gene editing therapies through its proprietary Prime Editing platform. By utilizing advanced gene editing techniques, the company is developing one-time, curative treatments for a broad spectrum of genetic diseases. Leveraging a combination of precision, efficiency, and an innovative method for target-specific genetic repair, Prime Medicine addresses conditions with high unmet medical needs using a versatile and adaptable platform.

Core Business Areas

The company operates at the cutting edge of biotechnology by focusing on:

  • Gene Editing Technology: The exclusive Prime Editing platform is designed to make precise modifications at the exact location in the genome, minimizing off-target effects and offering potential application across numerous genetic conditions.
  • Curative Genetic Therapies: Developing one-time treatments that aim to restore normal genetic functions by correcting disease-causing mutations. Its approach emphasizes permanent solutions to genetic disorders rather than symptomatic treatments.
  • Therapeutic Diversification: With programs spanning hematology, immunology, liver, lung, ocular, neuromuscular diseases, and beyond, Prime Medicine is positioned in several niches where traditional therapies are limited.

Scientific Innovation and Operational Excellence

At the heart of Prime Medicine is its commitment to precision medicine. The Prime Editing technology, which underpins its product candidates, is engineered to execute highly specific genetic modifications without introducing unwanted DNA breaks. This technology has been applied across ex vivo treatments where hematopoietic stem cells are modified outside the body, underscoring the company’s emphasis on both safety and efficacy. The firm's approach is bolstered by methodical preclinical trials that support the rationale behind its clinical programs and several collaborative efforts that reinforce technical expertise and delivery capabilities.

Market Position and Industry Context

In the competitive arena of genetic therapies, Prime Medicine distinguishes itself by focusing on conditions with clear biological targets and defined clinical paths. The company’s strategy to leverage its modular Prime Editing platform across different therapeutic areas allows it to explore new indications with precision. Strategic collaborations with established pharmaceutical firms further solidify its market position, combining innovative gene editing with extensive expertise in clinical research and cell therapy development. This balanced integration of technology and partnership serves to enhance operational resilience and research depth in an evolving biotech landscape.

Key Differentiators

Prime Medicine stands out for its:

  • Innovative Prime Editing Platform: Offering unmatched precision and versatility compared to other gene editing technologies.
  • Diversified Pipeline: Encompassing multiple therapeutic areas with a clear focus on diseases that have been challenging to address with conventional methodologies.
  • Scientific Rigor: An approach grounded in robust preclinical data and ongoing clinical investigations that instill confidence in its methodologies.
  • Collaborative Strategy: Strategic partnerships that extend its technology into cell therapies and other advanced treatment modalities, thereby broadening its impact in the biotechnology field.

Operational and Clinical Considerations

Prime Medicine’s development programs are based on achieving significant clinical milestones in defined therapeutic areas. Through extensive preclinical research and a disciplined approach to clinical trial design, the company ensures that its gene editing interventions are both reproducible and scalable. The strategic emphasis on safety, regulatory adherence, and technical innovation helps position Prime Medicine as a credible entity within the gene therapy sector. Its ability to address complex genetic mutations across multiple cell types highlights a commitment to overcoming longstanding challenges in genetic medicine.

Conclusion

Overall, Prime Medicine Inc. represents a sophisticated integration of scientific innovation with strategic operational execution. With its proprietary Prime Editing technology, the company is systematically advancing potential cures for previously intractable genetic diseases. The comprehensive approach in its research, combined with strategic partnerships, demonstrates an in-depth expertise and commitment to transforming how genetic disorders are treated. This thorough, technical, and methodologically sound framework underlines not only the company's current achievements but also its role in reshaping the landscape of genetic therapies.

Stock Performance

$—
0.00%
0.00
Last updated:
-66.67 %
Performance 1 year
$162.6M
Market Cap
131.2M
Shares outstanding

SEC Filings

No SEC filings available for Prime Medicine.

Financial Highlights

$2,983,000
Revenue (TTM)
-$195,882,000
Net Income (TTM)
-$1.65
Diluted EPS (TTM)
-$122,865,000
Operating Cash Flow
-6,566.61%
Net Profit Margin
-6,787.36%
Oper. Profit Margin

Upcoming Events

June 1, 2026
IND/CTA filing
January 1, 2027
Clinical data readout
January 1, 2026
IND/CTA filing for PM577

Frequently Asked Questions

What is the current stock price of Prime Medicine (PRME)?

The current stock price of Prime Medicine (PRME) is $1.69 as of April 25, 2025.

What is the market cap of Prime Medicine (PRME)?

The market cap of Prime Medicine (PRME) is approximately 162.6M.

What is the revenue (TTM) of Prime Medicine (PRME) stock?

The trailing twelve months (TTM) revenue of Prime Medicine (PRME) is $2,983,000.

What is the net income of Prime Medicine (PRME)?

The trailing twelve months (TTM) net income of Prime Medicine (PRME) is -$195,882,000.

What is the earnings per share (EPS) of Prime Medicine (PRME)?

The diluted earnings per share (EPS) of Prime Medicine (PRME) is -$1.65 on a trailing twelve months (TTM) basis.

What is the operating cash flow of Prime Medicine (PRME)?

The operating cash flow of Prime Medicine (PRME) is -$122,865,000.

What is the profit margin of Prime Medicine (PRME)?

The net profit margin of Prime Medicine (PRME) is -6,566.61%.

What is the operating margin of Prime Medicine (PRME)?

The operating profit margin of Prime Medicine (PRME) is -6,787.36%.

What is the current ratio of Prime Medicine (PRME)?

The current ratio of Prime Medicine (PRME) is 5.58, indicating the company's ability to pay short-term obligations.

What is the operating income of Prime Medicine (PRME)?

The operating income of Prime Medicine (PRME) is -$202,467,000.

What is the core technology behind Prime Medicine?

Prime Medicine uses its proprietary Prime Editing platform, which enables highly precise gene editing aimed at correcting disease-causing mutations with minimal off-target effects.

Which therapeutic areas does Prime Medicine focus on?

The company is active in multiple therapeutic areas including hematology, immunology, liver, lung, ocular, and neuromuscular diseases, with an emphasis on conditions having high unmet medical needs.

How does Prime Medicine generate revenue?

Revenue is primarily expected to be derived from licensing its advanced genetic editing technologies, strategic collaborations, and potential future commercialization of its gene therapy products.

What differentiates Prime Medicine from other gene editing companies?

Its focus on a versatile, precise editing platform that minimizes off-target effects and the development of one-time, curative therapies distinguishes it from companies offering traditional gene modification tools.

How does Prime Medicine ensure the safety and efficacy of its treatments?

Through rigorous preclinical research, scalable production processes, and carefully designed clinical trials, Prime Medicine emphasizes both technical accuracy and safety in its gene editing approaches.

What role do strategic partnerships play in Prime Medicine's business model?

Strategic collaborations with established pharmaceutical companies enhance Prime Medicine’s research capabilities, provide access to additional expertise, and help optimize the development and potential commercialization of its technologies.

How does Prime Medicine address challenges in genetic therapies?

The company uses its modular Prime Editing platform to target well-defined genetic diseases, focusing on precise edits that restore normal function while reducing the risk of unintended genetic modifications.

What are the key clinical milestones for Prime Medicine?

Key milestones include the advancement of product candidates through clinical trials, achieving regulatory clearances, and demonstrating reproducible, durable genetic corrections in preclinical models.