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Praxis Precision Medicines Inc. (PRAX) specializes in the development of therapies for central nervous system (CNS) disorders. The focus is on diseases affecting the brain and spinal cord. Many of these conditions, such as epilepsy and movement disorders, are chronic, widespread, or particularly difficult to treat. This implies a high unmet medical need. If the company manages to bring an effective drug to market, the potential demand is significant, and competition for new, better treatments is low. A situation like this could be on the horizon,...
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