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PRME Prime Medicine, Inc.
Trading 09-20 10:39:24 EDT
3.84
-0.07
-1.74%
High3.93
Low3.81
Vol168.19K
Open3.91
D1 Closing3.91
Amplitude3.14%
Mkt Cap446.84M
Tradable Cap208.15M
Total Shares116.30M
T/O654.55K
T/O Rate0.31%
Tradable Shares54.18M
P/B--
ROE--
EPS0.00
52wk High--
52wk Low--
P/E--
Dividend--
Div.Yield--
ROA--
Here's Why We're A Bit Worried About Prime Medicine's (NASDAQ:PRME) Cash Burn Situation
Prime Medicine, Inc., a biotechnology company, delivers genetic therapies to address diseases by deploying gene editing technology. The company offers Prime Editors with a Prime Editor protein, comprising a fusion between a Cas protein and a reverse transcriptase enzyme; and a pegRNA, which targets the Prime Editor to a specific genomic location and provides a template for making the desired edit to the target DNA sequence. It has a research collaboration with Cimeio Therapeutics to develop Prime Edited Shielded-Cell & Immunotherapy Pairs for genetic diseases, acute myeloid leukemia, and myelodysplastic syndrome. Prime Medicine, Inc. was incorporated in 2019 and is based in Cambridge, Massachusetts.