financetom
Business
financetom
/
Business
/
Praxis Precision Medicines Says Vormatrigine Shows Seizure Reduction in Phase 2 Study; Shares Rise Pre-Bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Praxis Precision Medicines Says Vormatrigine Shows Seizure Reduction in Phase 2 Study; Shares Rise Pre-Bell
Aug 4, 2025 6:14 AM

08:36 AM EDT, 08/04/2025 (MT Newswires) -- Praxis Precision Medicines ( PRAX ) said Monday its experimental drug vormatrigine reduced seizure frequency by a median of 56.3% in patients with focal onset seizures during an eight-week phase 2 trial.

The company said the study showed that about 22% of patients treated with the drug candidate experienced a complete seizure-free period in the final 28 days, and over 54% saw a 50% reduction in seizures within the first week.

The drug candidate was also well-tolerated with a favorable safety profile, the company said.

Shares of Praxis rose more than 14% in recent premarket activity Monday.

Price: 61.90, Change: +7.15, Percent Change: +14.44

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Meta partners with Midjourney to license AI tech for future products
Meta partners with Midjourney to license AI tech for future products
Aug 22, 2025
Aug 22 (Reuters) - Meta has signed a deal with generative AI lab Midjourney to license the startup's aesthetic technology for the social media company's future models and products. The technical collaboration will link the companies' research teams, Alexandr Wang, the Facebook parent's chief AI officer, said on Friday. The move signals Meta's push to differentiate its products on visual...
Meta partners with Midjourney to license AI tech for future products
Meta partners with Midjourney to license AI tech for future products
Aug 22, 2025
(Reuters) -Meta has signed a deal with generative AI lab Midjourney to license the startup's aesthetic technology for the social media company's future models and products. The technical collaboration will link the companies' research teams, Alexandr Wang, the Facebook parent's chief AI officer, said on Friday. The move signals Meta's push to differentiate its products on visual quality, as it...
US halts work on Orsted offshore wind project off Rhode Island
US halts work on Orsted offshore wind project off Rhode Island
Aug 22, 2025
(Reuters) -The Trump administration on Friday ordered Denmark's Orsted to halt all activities related to its Revolution Wind project off the coast of Rhode Island, according to a letter posted on the website of the Bureau of Ocean Energy Management. The stop work order is related to unspecified national security concerns arising from the administration's review of offshore wind projects...
BRIEF-FCPT Announces Acquisition Of A Bojangles Property For $2.2 Million
BRIEF-FCPT Announces Acquisition Of A Bojangles Property For $2.2 Million
Aug 22, 2025
Aug 22 (Reuters) - Four Corners Property Trust Inc ( FCPT ) : * FCPT ANNOUNCES ACQUISITION OF A BOJANGLES PROPERTY FOR $2.2 MILLION Source text: Further company coverage: ...
Copyright 2023-2026 - www.financetom.com All Rights Reserved