Rapport Therapeutics Stock (NASDAQ:RAPP)


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$41.99

52W Range

$13.43 - $43.76

50D Avg

$37.47

200D Avg

$30.90

Market Cap

$1.53B

Avg Vol (3M)

$382.04K

Beta

0.95

Div Yield

-

RAPP Company Profile


Rapport Therapeutics, Inc. functions as a clinical-phase biopharmaceutical enterprise, concentrating its efforts on discovering and developing innovative small-molecule therapeutics for individuals living with central nervous system (CNS) disorders. Its flagship product candidate, RAP-219, is an experimental small molecule precisely designed to inhibit TARPy8-containing AMPARs with exceptional potency (picomolar affinity). This promising compound aims to treat focal epilepsy and a range of other neurological conditions, including peripheral neuropathic pain and bipolar disorder. The company's pipeline further includes RAP-199, another molecule targeting TARPy8, which boasts distinct chemical and pharmacokinetic profiles. Moreover, Rapport is advancing several nicotinic acetylcholine receptor (nAChR) programs, such as an a6 nAChR therapy for chronic pain and an a9a10 nAChR treatment intended for hearing impairments. Formed in 2022 under the initial name Precision Neuroscience NewCo, Inc., the company adopted its current identity as Rapport Therapeutics, Inc. in October 2022, and its operations are based in Boston, Massachusetts.

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Industry

Biotechnology

Sector

Healthcare

Exchange

NASDAQ

ADR

-

Country

US

Employees

84

IPO Date

Jun 07, 2024

Website

RAPP Performance


RAPP Financial Summary


Dec 25Dec 24Dec 23
Revenue---
Operating Income$-125.10M$-83.06M$-36.18M
Net Income$-111.48M$-78.31M$-34.79M
EBITDA$-125.10M$-77.47M$-34.66M
Basic EPS$-2.86$-0.38$-0.19
Diluted EPS$-2.86$-0.38$-0.19

Fiscal year ends in Dec 25 | Currency in USD

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