Relutrigine (PRAX-562) is under FDA review to treat Developmental epileptic encephalopathies (DEEs). Balance sheet: about 33 months of cash, runway into 2028 (company-guided).
The FDA PDUFA target date for PRAX (Praxis Precision Medicines Inc.) is 2026-09-27 for Relutrigine (PRAX-562). Dates are company/FDA-sourced and can slip. Verify against primary filings.
What is PRAX's drug Relutrigine (PRAX-562)?
Relutrigine (PRAX-562) is Praxis Precision Medicines Inc.'s candidate under FDA review for Developmental epileptic encephalopathies (DEEs).
What typically happens to a mid-cap stock into a PDUFA date?
Historically, mid-cap names had a median decision-day move around ±2% (763-PDUFA cohort, 2024-26). This is historical context by market-cap tier, not a prediction for this drug.
Decision-day move · mid-cap cohortn=222 · median -0.0% · 49% up
Distribution of next-day % moves after the FDA decision for mid-cap PDUFAs (2020–26). Red = down, green = up, blue = flat (±3%). Historical dispersion, not a forecast.