Prime Medicine, Inc./$PRME

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About Prime Medicine, Inc.

Prime Medicine Inc is a biotechnology company committed to delivering genetic therapies to address diseases by deploying gene editing technology, Prime Editing. The Prime Editing technology is a next-generation technology that can search and replace to restore normal genetic function in the genome and can treat a wide spectrum of diseases with high unmet medical needs and efficient and broad gene editing technology.

Ticker

$PRME
Primary listing

Industry

Biotechnology

Employees

214

ISIN

US74168J1016

PRME Metrics

BasicAdvanced
$407M
-
-$1.61
1.90
-

Bulls say / Bears say

Prime Medicine's strategic restructuring focuses on large genetic liver diseases and cystic fibrosis, potentially expanding its market reach and revenue streams. (globenewswire.com)
The company reported a significant increase in cash, cash equivalents, and investments to $144.3 million as of March 31, 2025, enhancing its financial stability. (investors.primemedicine.com)
Positive initial data from the Phase 1/2 clinical trial of PM359 in Chronic Granulomatous Disease (CGD) provides clinical proof-of-concept for Prime Editing technology. (globenewswire.com)
Prime Medicine reported a net loss of $51.9 million for Q1 2025, indicating ongoing financial challenges. (investors.primemedicine.com)
The company's operating expenses increased to $53.8 million in Q1 2025, up from $48.9 million in the same period the previous year, reflecting rising costs. (investors.primemedicine.com)
Despite increased cash reserves, the company's cash, cash equivalents, and investments decreased from $190.4 million at the end of 2024 to $144.3 million by March 31, 2025, suggesting a high burn rate. (investors.primemedicine.com)
Data summarised monthly by Lightyear AI. Last updated on 26 Jun 2025.
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
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