Prime Medicine, Inc., a biotechnology company, engages in delivering genetic therapies to address the spectrum of diseases by deploying gene editing technology in the United States. It offers Prime Editing technology comprising a programmable DNA binding domains, such as Cas domains, are typically modified such that they do not cause a double-stranded break in the DNA, as well as a RT domain that copies the edited DNA sequence directly into the target genomic site where the edit is made; and pegRNA which contains a search sequence, also known as a spacer, which provides a target genomic address for the Prime Editor. The company 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 headquartered in Cambridge, Massachusetts.
Metrics to compare | PRME | Sector Sector - Average of metrics from a broad group of related Healthcare sector companies | Relationship RelationshipPRMEPeersSector | |
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P/E Ratio | −2.8x | −0.5x | −0.5x | |
PEG Ratio | −0.12 | 0.00 | 0.00 | |
Price/Book | 5.3x | 1.8x | 2.6x | |
Price / LTM Sales | 148.2x | 9.5x | 3.1x | |
Upside (Analyst Target) | 70.6% | 145.7% | 46.1% | |
Fair Value Upside | Unlock | 14.7% | 6.9% | Unlock |