MASHINIi

Prime Medicine, Inc..

PRME.US | Research and experimental development on natural sciences and engineering

Prime Medicine, Inc. is a biotechnology company dedicated to creating and delivering a new class of gene therapy, Prime Editing, to patients. Prime Editing is a versatile gene editing technology that can precisely correct disease-causing genes. The company is focused on developing Prime Editing ther...Show More

Ethical Profile

Mixed.

Prime Medicine, Inc. has faced scrutiny over data security after a vendor-related breach allegedly exposed patient data, including names, addresses, dates of birth, and Social Security numbers, from nine hospitals. The company reportedly patched the vulnerability. While Prime Medicine's core mission is dedicated to advancing human health through novel gene editing therapies for serious diseases, its development process inherently involves complex ethical considerations. These include potential reliance on animal testing in preclinical stages and the need for rigorous transparency in clinical trials.

Value Scores

Better Health for All20
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing0
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business0
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products0
-100100

Better Health for All

20

Prime Medicine's core business is developing one-time curative genetic therapies using Prime Editing, a technology with the potential to repair almost all types of genetic mutations.

1
The company is progressing a diversified portfolio of eighteen programs focused on genetic diseases, cancers, immune diseases, and other conditions, aiming to deliver transformative health benefits.
2
The company's R&D expenses were $30.9 million for the three months ended March 31, 2023, compared to $13.7 million for the same period in 2022.
3
Prime Medicine has received two U.S. patents for its Prime Editing technology in April and May 2023.
4
The company is preparing its first treatments for clinical trials and plans to initiate IND-enabling studies for PM359 in chronic granulomatous disease in 2023.
5

Fair Money & Economic Opportunity

0

Prime Medicine, Inc. is a clinical-stage biotechnology company focused on gene editing therapeutics.

1
The provided articles detail its financial metrics, stock performance, and IPO. There is no evidence that the company engages in lending, insuring, moving, or storing money, nor does it offer any consumer financial products or services. Therefore, all KPIs related to Fair Money & Economic Opportunity are not applicable to Prime Medicine's core business operations.

Fair Pay & Worker Respect

0

No specific, quantifiable evidence was found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect. Information regarding living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, voluntary turnover rate, labor violation incidents, insecure contract share, or health insurance coverage was not available.

1
While employee counts and a workforce reduction were mentioned, these do not directly provide the voluntary turnover rate.
2
The company's Code of Business Conduct and Ethics outlines policies but does not report on the number of substantiated labor law violations.
3

Fair Trade & Ethical Sourcing

0

No evidence available to assess Prime Medicine, Inc. on Fair Trade & Ethical Sourcing.

Honest & Fair Business

0

No evidence available to assess Prime Medicine, Inc. on Honest & Fair Business.

Kind to Animals

0

No evidence available to assess Prime Medicine, Inc. on Kind to Animals.

No War, No Weapons

0

No evidence available to assess Prime Medicine, Inc. on No War, No Weapons.

Planet-Friendly Business

0

The provided articles pertain to 'Prime Healthcare' and 'Prime Inc.', not 'Prime Medicine, Inc. (PRME.US)', the company specified for assessment.

1
As such, no relevant evidence for any of the Planet-Friendly Business KPIs could be extracted for Prime Medicine, Inc.
2
All KPIs are therefore omitted due to a lack of specific, concrete data points for the company under review.

Respect for Cultures & Communities

0

No evidence available to assess Prime Medicine, Inc. on Respect for Cultures & Communities.

Safe & Smart Tech

0

No specific, concrete evidence was found in the provided articles pertaining to Prime Medicine, Inc. (PRME.US) for any of the Safe & Smart Tech KPIs. The articles that mention "Prime" refer to "Prime Healthcare," which is a distinct entity from Prime Medicine, Inc.

1

Zero Waste & Sustainable Products

0

No specific, quantitative data points were found in the provided articles to assess Prime Medicine, Inc. (PRME.US) against any of the 'Zero Waste & Sustainable Products' KPIs. One article discussed Prime Therapeutics, a different entity.

1
The other two articles about Prime Medicine (PRME.US) focused on strategic restructuring
2
and a job description for an EH&S Manager
3
, neither of which contained relevant performance metrics for waste management, product sustainability, or other related initiatives.

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.