ProQR

ProQR

PRQR
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PRQR · Stock Price

USD 1.58+0.04 (+2.60%)
Market Cap: $164.4M

Historical price data

Market Cap: $164.4MPipeline: 7 drugs (2 Phase 3)Founded: 2012Employees: 100-250HQ: Leiden, Netherlands

Overview

ProQR Therapeutics is a mission-driven, clinical-stage biotechnology company dedicated to developing life-changing RNA therapies for severe rare and common genetic diseases. Its core achievement is the invention of the Axiomer® RNA editing platform, a next-generation technology enabling precise single-nucleotide correction, which has attracted a major multi-target collaboration with Eli Lilly. The company's strategy is to advance its internal pipeline in ophthalmology while leveraging partnerships to expand the application of Axiomer into new therapeutic areas like the liver and central nervous system, aiming to establish clinical proof-of-concept and build a sustainable, platform-based biotech.

OphthalmologyGenetic DisordersLiverCentral Nervous System

Technology Platform

Proprietary Axiomer® RNA editing platform that uses engineered oligonucleotides (EONs) to recruit endogenous ADAR enzymes for precise single-nucleotide (A-to-I) correction of RNA, addressing the root cause of genetic diseases.

Pipeline

7
7 drugs in pipeline2 in Phase 3
DrugIndicationStageWatch
sepofarsenLeber Congenital Amaurosis 10Phase 2/3
sepofarsenLeber Congenital Amaurosis 10Phase 2/3
QR-1123Autosomal Dominant Retinitis PigmentosaPhase 1/2
QR-421aRetinitis PigmentosaPhase 1/2
QR-010 + PlaceboCystic FibrosisPhase 1/2

Funding History

4
Total raised:$230M
PIPE$100M
IPO$70M
Series B$40M
Series A$20M

Opportunities

The Axiomer platform has the potential to treat over 20,000 genetic mutations, creating a vast pipeline opportunity across rare and common diseases.
The Eli Lilly partnership provides significant non-dilutive funding, validates the platform, and expands its reach into high-value liver and CNS indications.

Risk Factors

The lead program AX-0810 is in early-stage trials, and the entire Axiomer platform remains unproven in humans, carrying high clinical and technological risk.
As a pre-revenue company, ProQR remains dependent on capital markets and partnership milestones, with potential for shareholder dilution if further financing is required.

Competitive Landscape

ProQR competes in the emerging RNA editing field against companies like Wave Life Sciences and Ascidian, and more broadly against CRISPR-based gene editing and traditional oligonucleotide therapies. Its key differentiators are the use of endogenous ADAR enzymes and a first-mover clinical candidate, but the space is rapidly evolving and highly competitive.

Company Timeline

2012Founded

Founded in Leiden, Netherlands

2014IPO

IPO — $70.0M

2014Series B

Series B: $40.0M

2020PIPE

PIPE: $100.0M