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Prelude Therapeutics To Participate in Upcoming HC Wainwright and Morgan Stanley Healthcare Conferences

Key Takeaway: WILMINGTON, Del., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Prelude Therapeutics Incorporated (Prelude) (Nasdaq: PRLD), a clinical-stage precision oncology company, announced today that the company will be participating in two healthcare investment conferences next week in New York City
Price reaction · baseline $7.67 (2022-09-02 close) · hit after-hours · clean, no other PRLD news in the window
day 0 close · peak
-5.5%
day 1
-1.4%
day 3
+1%

BiopharmaWatch Analysis

From our catalyst data and publicly available data · not financial advice
Best trade, last catalyst
+217%
120-day peak, hindsight
Typical move
8.2%
average across 4 past catalysts
Cash runway
~29 mo
Minimal dilution risk
Lead asset
PRT1419
Phase 1 · Multiple Myeloma

Full Press Release Details

WILMINGTON, Del., Sept. 06, 2022 (GLOBE NEWSWIRE) -- Prelude Therapeutics Incorporated (Prelude) (Nasdaq: PRLD), a clinical-stage precision oncology company, announced today that the company will be participating in two healthcare investment conferences next week in New York City.
On Monday, September 12, at 1:30 p.m. ET, Kris Vaddi, Ph.D., Chief Executive Officer of Prelude, will participate in a fireside chat at the H.C. Wainwright 24th Annual Global Investment Conference. The live webcast is available here. The company will also be conducting one-on-one meetings with investors on Tuesday, September 13th.
On Wednesday, September 14, at 11:10 a.m. ET, Kris Vaddi, Ph.D. and Dr. Jane Huang, President and Chief Medical Officer, will participate in a fireside chat at the Morgan Stanley Global Healthcare Conference New York. The live webcast and replay are available here. The company will conduct one-on-one meetings with investors on Wednesday, September 14th.
Prelude is a clinical-stage precision oncology company developing innovative drug candidates targeting critical cancer cell pathways. Prelude’s diverse pipeline is comprised of highly differentiated, potentially best-in-class proprietary small molecule compounds aimed at addressing clinically validated pathways for cancers with selectable underserved patients. Prelude’s pipeline includes four candidates currently in clinical development: PRT811, a highly selective, potent, orally bioavailable PRMT5 inhibitor; PRT1419, a potent, selective inhibitor of MCL1; PRT2527, a potent and highly selective CDK9 inhibitor, and PRT3645, a brain penetrant CDK4/6 inhibitor. Additionally, Prelude is progressing a potential first-in-class SMARCA2/BRM protein degrader, with an IND expected in the second half of 2022.
Last updated: Sep 6, 2022