Praxis Precision Medicines Inc. (PRAX) is under investigation by Bragar Eagel & Squire, P.C. for potential securities law violations following a mid-stage study of its anti-seizure medication, vormatrigine. The investigation was triggered by Praxis' disclosure of adverse events and the subsequent decline in its stock price. Affected investors can contact the law firm to discuss their legal options.
Praxis Precision Medicines Inc. (PRAX), a biotechnology company specializing in precision medicine, is facing a securities law investigation by Bragar Eagel & Squire, P.C. The investigation stems from the company's recent disclosure of adverse events in a mid-stage clinical study of its anti-seizure medication, vormatrigine. The investigation was triggered by the significant decline in PRAX's stock price following the announcement.
On August 4, 2025, Praxis reported its Q2 2025 financial results, including mid-stage study results for vormatrigine. The study revealed that 36 out of 61 patients experienced treatment-emergent adverse events, with nearly 25% of participants discontinuing the medication. This news led to a significant drop in Praxis's stock price, falling 5.55% to $51.09 per share on the same day [1].
The investigation by Bragar Eagel & Squire, P.C. focuses on whether Praxis issued false and/or misleading statements and/or failed to disclose pertinent information to investors. The law firm is advising investors to contact them to discuss their legal options.
Investors are advised to closely monitor this development, as it could impact Praxis's financial health and regulatory outlook. The recent clinical results and their implications for the company's pipeline and stock price will continue to be a focus for investors and financial professionals.
References:
[1] https://www.marketscreener.com/news/prax-investors-have-opportunity-to-join-praxis-precision-medicines-inc-fraud-investigation-with-th-ce7c51d8db89ff22
[2] https://www.ainvest.com/news/praxis-precision-medicines-stock-falls-5-55-mid-stage-study-results-2508/
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