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Praxis Precision Medicines, Inc.

PRAXBiotechBoston, United States

Praxis Precision Medicines, Inc. is a biopharmaceutical firm operating at the clinical stage, dedicated to creating innovative treatments for central nervous system (CNS) conditions that stem from an imbalance in neuronal activity. The company's primary investigational compounds currently undergoing evaluation include: PRAX-114, an extrasynaptic-preferring positive allosteric modulator of the GABAA receptor, which is currently in Phase IIa clinical trials for addressing both major depressive disorder and perimenopausal depression. Additionally, PRAX-944, a small molecule designed to selectively inhibit T-type calcium channels, is also progressing through Phase IIa clinical trials to manage essential tremor. Beyond these, Praxis is also advancing a pipeline of other promising drug candidates, such as: PRAX-562, a persistent sodium current blocker, undergoing Phase I clinical evaluation for treating severe pediatric epilepsy and adult cephalgia (headaches). PRAX-222, an antisense oligonucleotide (ASO) aimed at individuals suffering from gain-of-function (GOF) SCN2A epilepsy. And a program targeting KCNT1 for the treatment of KCNT1 GOF epilepsy. To further its research and development efforts, Praxis maintains several strategic alliances. These include a cooperation and licensing arrangement with RogCon Inc.; a licensing deal with Purdue Neuroscience Company; a comprehensive research collaboration, option, and license agreement with Ionis Pharmaceuticals, Inc.; and a collaborative project with The Florey Institute focused on the creation of three new antisense oligonucleotides (ASOs). Established in 2015, the company's headquarters are situated in Boston, Massachusetts.

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Praxis Precision Medicines, Inc. at a glance

Praxis Precision Medicines, Inc. is a biotech company headquartered in Boston, United States. It is publicly listed (PRAX) with a market capitalisation of $7.2B. Xcout tracks 31 named people at Praxis Precision Medicines, Inc., including Marcio Souza (President, Chief Executive Officer & Director). Xcout recorded 140 job postings from Praxis Precision Medicines, Inc. in the last 90 days, naming tools such as Salesforce, Confluence, Databricks.

Industry
Biotech
Headquarters
Boston, United States
Market cap
$7.2B
Employees
168
Ticker
PRAX
Job postings recorded (90 days)
140
Xcout AI Rank
10/100 ▲
Xcout Green Rank
2/100 ▲

Praxis Precision Medicines, Inc. leadership

  • Marcio SouzaPresident, Chief Executive Officer & Director
  • Megan SniecinskiChief Operating Officer
  • Megan T. SniecinskiChief Operating Officer
  • Timothy Edwin KellyChief Financial Officer & Treasurer
  • Tim KellyChief Financial Officer
  • Alyssa J. S. WyantChief Regulatory & Quality Officer

25 more named people on record for Praxis Precision Medicines, Inc., with roles, board committees and tenure — see the full roster →

Praxis Precision Medicines, Inc. funding rounds on record

Every round on record:

DateRoundAmountInvestors
—$110M15 named
Launch / Initial$100M—

Some filings are not shown as funding rounds.

Who invested in each round, lead investors, valuations and the co-investor graph — open the full funding history →

Hiring at Praxis Precision Medicines, Inc.

Xcout recorded 140 job postings from Praxis Precision Medicines, Inc. in the last 90 days, from a hiring record Xcout has kept since June 2026.

Tools named in Praxis Precision Medicines, Inc.'s job postings

SalesforceConfluenceDatabricksJiraPalo Alto Networks

The weekly hiring trend, the roles and locations behind it — see Praxis Precision Medicines, Inc.'s hiring signals →

Hiring vs the trend

Lagging in AI hiring

Based on 107 job postings in the last 8 weeks (10 Aug – 4 Oct 2026), compared with 158 scale-up healthcare companies.

This describes a hiring pattern — how often Praxis Precision Medicines, Inc.’s job postings ask for AI skills, and how that changed against the previous 8 weeks, ranked among its peers. It says nothing about the company’s products or performance.

Signed-in members see the AI-skill share and its change with peer percentiles, role mix, posting momentum and advertised US pay against the market.

Investors

Tech stack

PythonGCPAWSSnowflakeAzuredbtDynamoDBPulumiTerraformTypeScript

Praxis Precision Medicines, Inc. competitors

A few of Praxis Precision Medicines, Inc.'s closest competitors — see the full list of competitors and alternatives →

Alto Neuroscience, Inc.ANRO · BiotechMountain View, United States
70% matchPublic

Alto Neuroscience, Inc. operates as a biopharmaceutical entity in the clinical stage, specializing in the creation of novel psychiatric medications. Its development pipeline includes ALTO-100, an investigational therapy targeting individuals affected by major depressive disorder (MDD) and post-traumatic stress disorder. Also in its portfolio is ALTO-300, a small molecule designed to function as both a melatonergic agonist and serotonergic antagonist, exhibiting antidepressant properties for MDD patients. For addressing the cognitive impairments linked with schizophrenia, Alto Neuroscience is advancing ALTO-101, an innovative small molecule phosphodiesterase 4 inhibitor. The company's therapeutic candidates further extend to ALTO-203, a pioneering small-molecule histamine H3 receptor inverse agonist intended for MDD patients experiencing heightened anhedonia, and ALTO-202, an orally available antagonist of the GluN2B subunit of the NMDA receptor, also under investigation for MDD. Beyond these individual drug candidates, the firm is engaged in developing novel drug combinations that demonstrate synergistic pharmacodynamic effects. Crucially, Alto Neuroscience leverages an advanced AI-enabled biomarker platform that synthesizes data concerning patients' brain activity and behavioral patterns. This platform's purpose is to accurately identify which individuals are most likely to respond positively to its cutting-edge product candidates. Alto Neuroscience, Inc., established in 2019, maintains its headquarters in Los Altos, California.

Market cap$1.1B
Employees76
Alto Neuroscience, Inc. competitors & alternatives →
Precision BioSciences, Inc.DTIL · BiotechnologyDurham, United States
67% matchPublic

Precision BioSciences, Inc. is a clinical-stage biotechnology firm based in the United States, specializing in the creation of both in vivo gene editing solutions and ex vivo allogeneic CAR T-cell therapies. At its core is ARCUS, a proprietary genome editing platform designed to address and potentially cure genetic diseases. The company's portfolio also encompasses Ex vivo Allogeneic CAR T Immunotherapy, an innovative approach where specific immune cells, known as T-cells, are genetically modified outside the body to precisely identify and eliminate cancer cells. Among its prominent therapeutic candidates are: PBCAR0191, currently undergoing Phase 1/2a clinical trials for adult patients battling relapsed/refractory (R/R) non-Hodgkin lymphoma or R/R B-cell precursor acute lymphoblastic leukemia (B-ALL). PBCAR19B, an anti-CD19 CAR T candidate leveraging a "stealth cell" platform through a single-step gene edit, engineered to reduce the likelihood of chromosomal abnormalities. PBCAR269A, an investigational allogeneic CAR T immunotherapy formulated to target BCMA, intended for the treatment of R/R multiple myeloma. Precision BioSciences has strategically formed several collaborative alliances. These include an agreement with Les Laboratoires Servier for the development and commercialization of allogeneic chimeric antigen receptor T-cell therapies, aimed at various antigen targets, including hematological cancers beyond CD19, and solid tumors. The company is also partnering with Tiziana Life Sciences to assess foralumab, a fully human anti-CD3 monoclonal antibody, for its utility as a lymphodepleting agent in potential cancer treatments. Furthermore, a collaboration with iECURE, Inc. focuses on advancing ARCUS-based gene editing therapies. Established in 2006, Precision BioSciences, Inc. maintains its corporate headquarters in Durham, North Carolina.

Market cap$185.5M
Employees66
Precision BioSciences, Inc. competitors & alternatives →

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More on Praxis Precision Medicines, Inc. in Xcout Intel

  • 31 named people with titles, LinkedIn and board committees
  • 2 funding rounds with the investors in each, and who they co-invest with
  • Weekly hiring history and the mix of roles behind it
  • 1 corporate event with sources — deals, leadership changes, layoffs
  • The full competitor set, tracking, exports and API access
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