Rapport Therapeutics, Inc. Common Stock logo

RAPPRapport Therapeutics, Inc. Common Stock

NASDAQ · Healthcare · Biotechnology

$48.56

-$0.11 (-0.23%)

Rapport Therapeutics, Inc. Common Stock (RAPP) is a biotechnology company listed on NASDAQ. It is led by Abraham N. Ceesay M.B.A., based in 1325 Boylston Street, Boston, MA, United States, 02215, with about 69 employees. Rapport Therapeutics, Inc., operates as a clinical-stage biopharmaceutical company that focuses on the discovery and development of transformational small molecule medicines for patients suffering from central nervous system (CNS) disorders. Its lead product candidate is receptor associated protein (RAP)-219, an investigational small molecule that is designed to inhibit TARPy8-containing AMPARs with picomolar affinity for the treatment of focal epilepsy and other CNS disorders, including peripheral neuropathic pain and bipolar disorder. The company also develops RAP-199, a TARPy8 targeted molecule with differentiated chemical and pharmacokinetic properties; and nicotinic acetylcholine receptor (nAChR) programs, such as a6 nAChR to treat chronic pain and a9a10 nAChR for the treatment of hearing disorders. The company was formerly known as Precision Neuroscience NewCo, Inc. and changed its name to Rapport Therapeutics, Inc. in October 2022. Rapport Therapeutics, Inc. was incorporated in 2022 and is based in Boston, Massachusetts.

Net income was -$77.7M. RAPP currently screens at market cap $532.9M.

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About Rapport Therapeutics, Inc. Common Stock

Rapport Therapeutics, Inc., operates as a clinical-stage biopharmaceutical company that focuses on the discovery and development of transformational small molecule medicines for patients suffering from central nervous system (CNS) disorders. Its lead product candidate is receptor associated protein (RAP)-219, an investigational small molecule that is designed to inhibit TARPy8-containing AMPARs with picomolar affinity for the treatment of focal epilepsy and other CNS disorders, including peripheral neuropathic pain and bipolar disorder. The company also develops RAP-199, a TARPy8 targeted molecule with differentiated chemical and pharmacokinetic properties; and nicotinic acetylcholine receptor (nAChR) programs, such as a6 nAChR to treat chronic pain and a9a10 nAChR for the treatment of hearing disorders. The company was formerly known as Precision Neuroscience NewCo, Inc. and changed its name to Rapport Therapeutics, Inc. in October 2022. Rapport Therapeutics, Inc. was incorporated in 2022 and is based in Boston, Massachusetts.

RAPP Key Statistics

Market Cap

$532.87M

Volume

324,499

Previous Close

$49.33

Day Range

$49.00$51.38

00

EPS

-$3.78

Revenue

$0.00

Net Income

-$78.31M

Gross Profit

$0.00

Free Cash Flow

$0.00

Employees

69

RAPP Financials

Annual income statement in USD. Latest reported periods first.

RAPP annual income statement across FY2024, FY2023
LineFY2024FY2023
Revenue$0.00$0.00
Cost of Revenue$0.00$0.00
Gross Profit$0.00$0.00
Operating Income$0.00$0.00
Net Income-$78.31M-$34.79M
EPS (Diluted)-$3.78-$23.10

Total Assets

$314.93M

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$56.80M

Operating Cash Flow

-$64.83M

Free Cash Flow

$0.00

Rapport Therapeutics, Inc. Common Stock Company Information

CEO, President, Treasurer & Director
Abraham N. Ceesay M.B.A.
Headquarters
1325 Boylston Street, Boston, MA, United States, 02215
Phone
857 321 8020
IPO / Founded
2024-06-07
Industry
Biotechnology
Data Updated:

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