PRTA posted a Q1 profit as a $50M Novo Nordisk milestone payment boosted revenue and improved its 2026 cash outlook.
The mean of analysts' price targets for Prothena (PRTA) points to a 120.2% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Prothena Corporation plc is maintained at a Hold rating due to mixed phase 2 data and long timelines for key programs. PRTA's leading assets, prasinezumab (Parkinson's disease) and coramitug (ATTR-CM), are in phase 3 trials with primary completion expected in 2029. The Bristol-Myers Squibb partnership provides up to $1.55 billion in milestones and royalties, with BMS-986446 in phase 2 for early Alzheimer's.
| Biotechnology Industry | Healthcare Sector | Gene G. Kinney CEO | XMUN Exchange | IE00B91XRN20 ISIN |
| US Country | 163 Employees | - Last Dividend | - Last Split | 21 Dec 2012 IPO Date |
Prothena Corporation plc is a pioneering force in the biotechnology space, concentrating its efforts on the discovery and development of groundbreaking therapies targeted at diseases caused by protein dysregulation. As a late-stage clinical biotechnology entity based in Dublin, Ireland, and incorporated in 2012, Prothena has made significant strides in addressing some of the most challenging neurodegenerative diseases and related conditions. Leveraging a deep understanding of protein dysregulation, the company has embarked on several ambitious projects, including clinical trials aimed at tackling conditions such as AL amyloidosis, Parkinson's disease, ATTR amyloidosis, and Alzheimer’s disease through innovative therapeutic antibodies and vaccines. With a robust pipeline fueled by both in-house research and strategic partnerships with industry giants such as F. Hoffmann-La Roche Ltd. and Bristol-Myers Squibb, Prothena stands at the forefront of developing promising treatments for diseases with substantial unmet medical needs.
Prothena Corporation plc's dedication to addressing protein dysregulation has culminated in a diverse portfolio of investigational therapies at various stages of clinical development. These include:
These investigational products reflect Prothena’s commitment to innovative treatments that address the underlying causes of debilitating diseases, with the potential to significantly impact patient care.