Prime Medicine Stock (NASDAQ:PRME)
Previous Close
$2.71
52W Range
$1.40 - $6.94
50D Avg
$3.34
200D Avg
$3.96
Market Cap
$509.34M
Avg Vol (3M)
$2.42M
Beta
2.31
Div Yield
-
PRME Company Profile
Prime Medicine, Inc. operates as a biotechnology firm, dedicated to delivering genetic therapies for various diseases by strategically employing advanced gene editing technology. Central to their platform is the "Prime Editor" system, which combines a unique Prime Editor protein—a hybrid composed of a Cas protein and a reverse transcriptase enzyme—with a specialized pegRNA molecule. This pegRNA plays a crucial role by both guiding the Prime Editor to a precise location within the genome and providing the essential template for introducing the desired modification to the target DNA sequence. The company, founded in 2019, maintains its headquarters in Cambridge, Massachusetts.