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Blue Chip Growth

Stock Report: Prana Biotechnology Ltd Sponsored ADR (PRAN) Report Updated: Oct 27, 2014 | Print This Page

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Prana Biotechnology Ltd Sponsored ADR (PRAN)

Rating: Hold Volatility: Aggressive
Total Grade: C Industry: Biotechnology
Competitors: UTHR, MNOV, CMRX, MDXG
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Company Profile

Prana Biotechnology Limited engages in the research and development of therapeutic drugs for the treatment of neurological disorders in Australia. The company primarily focuses on the Alzheimer‘s, Parkinson‘s, and Huntington‘s diseases, as well as various cancer, age-related macular degeneration and cataract, Motor Neuron, and Creutzfeldt-Jakob diseases. Its development stage product line comprises PBT2, a Phase IIb clinical trial product for the treatment of Alzheimer’s disease; and PBT2, a Phase IIa clinical trial product for the treatment of Huntington’s disease. The company was formerly known as Prana Corporation Ltd. and changed its name to Prana Biotechnology Limited in January 2000. Prana Biotechnology Limited was founded in 1997 and is based in Parkville, Australia.

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