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Prelude Therapeutics

PRLD
NASDAQHealth Care
$5.23
USD
+0.96(+22.48%)
At close: Apr 30, 20:00 UTC
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Open

$5.18

Prev. Close

$5.19

High

$5.21

Low

$5.18

Market Snapshot

Market Cap

$268.43M

P/E Ratio

-2.7

EPS

-1.69

Employees

79

Why PRLD moved

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About

Prelude Therapeutics, Inc. is a clinical-stage oncology company, which engages in the development of novel precision cancer medicines. The company is headquartered in Wilmington, Delaware and currently employs 79 full-time employees. The company went IPO on 2020-09-25. The company has developed a diverse pipeline consisting of multiple distinct programs: kinases, targeted protein degraders, and precision antibody drug conjugates. Its product candidates include PRT3789, PRT2527 and PRT7732. PRT3789 is a highly selective degrader of SMARCA2 protein, which, along with SMARCA4, controls gene regulation through chromatin remodeling. Its CDK9 program is an essential regulator of cancer-promoting transcriptional programs, including those driven by MCL1, MYC and MYB. PRT2527 is designed to be a potent and selective CDK9 inhibitor that has the potential to avoid off-target toxicities observed with other less selective CDK9 inhibitor. PRT7732 is a highly selective and orally bioavailable SMARCA2 degrader.

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