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Prevail Therapeutics

Full company profile

uuid00049m1

Namestring
Prevail Therapeutics
Legal namestring
Prevail Therapeutics Inc.
Company typeenum
Private
Founded yearint
2019
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
51–100
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
gene therapy development, neurodegenerative disease therapeutics, AAV vector delivery, GBA1 gene replacement, siRNA therapeutics
Industry4 codes
1AAV Vector Gene Therapy Developers
CodeHLAAACAAPrimaryYes
2Neurology/CNS Gene Therapies
CodeHLAAACAHPrimaryNo
3siRNA Therapeutics (gene silencing)
CodeHLAAADABPrimaryNo
4Genome Editing Gene Therapies (CRISPR/TALEN/ZFN; in vivo/ex vivo)
CodeHLAAACADPrimaryNo
NAICS code1 code
  • Research and Development in Biotechnology (except Nanobiotechnology)541714
SIC code2 codes
  • Pharmaceutical Preparations2834
  • Services-Commercial Physical & Biological Research8731
Product category
Gene Therapy / Biopharmaceuticals
No data
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Gene Therapy Commercialization
TypeOne Time License
Description

Once clinical trials are completed and regulatory approvals are obtained, Prevail expects to generate revenue through commercialization of gene therapies for Parkinson's disease and Gaucher disease. The company operates as a wholly owned subsidiary of Eli Lilly and Company, which provides commercial infrastructure for eventual product launch.

fiercebiotech.com
2Partnership Milestone Payments
TypeLicensing Royalties
Description

Prevail receives milestone payments from collaboration partners such as Scribe Therapeutics for achievement of development, regulatory, and commercial milestones, plus royalties on future sales.

fiercebiotech.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components4 values
Technology or R&D, Personnel, Operations, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Prevail Therapeutics is a biotechnology company developing gene therapies and siRNA therapies that target the underlying genetic causes of neurodegenerative and rare diseases. Its pipeline includes AAV-based gene therapies for Parkinson's disease with GBA1 variants and Type 1 Gaucher disease, plus an siRNA therapy for sporadic Parkinson's disease, currently administered through three active clinical trial programs (PROPEL, PROCEED, PROSPECT).

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • Clinical trials are evaluating safety, tolerability, and effectiveness of gene therapies designed to slow disease progression in Parkinson's and Gaucher disease patients
Product overview1 text field

Prevail Therapeutics, a wholly owned subsidiary of Eli Lilly and Company, is developing three distinct clinical-stage genetic therapies targeting the root causes of neurodegenerative and rare diseases: PROPEL (gene therapy for Parkinson's disease with GBA1 variants, delivered via cisterna magna injection), PROCEED (gene therapy for Type 1 Gaucher disease, administered as a single intravenous infusion), and PROSPECT (siRNA therapy for sporadic Parkinson's disease, delivered via intrathecal injection). The company focuses on gene therapy and siRNA approaches that address underlying genetic causes rather than symptom management alone.

Product and service1 record
1PROPEL
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2023-01-01
Description

Scribe Therapeutics and Prevail Therapeutics entered a strategic collaboration to develop in vivo CRISPR-based genetic medicines for neurological and neuromuscular diseases. Under the deal terms, Scribe receives $75 million upfront plus equity investment, with potential milestone payments exceeding $1.5 billion and tiered royalties on future sales. Scribe also retains the option to co-fund and share profits on one collaboration program in the United States. The collaboration focuses on leveraging Scribe's X-Editor (XE) CRISPR technology for in vivo genome editing in the CNS.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Gene therapy company developing AAV-based therapies with CNS programs including Huntington's disease. Highly comparable as a clinical-stage AAV developer focused on neurodegenerative rare diseases with similar regulatory pathway and manufacturing constraints.

TypeDirect peer
Description

Commercial-stage gene therapy company with multiple approved AAV-delivered therapies and active pipeline in rare neurological diseases. Comparable as a fellow AAV gene therapy developer with operational scale in CNS and rare disease markets.

TypeBroad incumbent
Description

Global pharmaceutical incumbent with significant gene therapy capabilities (including Spark Therapeutics) and active neurodegenerative disease programs. Comparable as a broad incumbent with overlapping CNS and gene therapy ambitions.

TypeBroad incumbent
Description

Large pharmaceutical incumbent with a gene therapy division and CNS pipeline. Comparable as a broad incumbent pursuing AAV gene therapy for rare neurological diseases through a wider portfolio approach.

TypeBroad incumbent
Description

Global pharmaceutical incumbent with approved gene therapies (Zolgensma, Kymriah) and active CNS programs. Comparable as a broad incumbent with established gene therapy commercialization infrastructure.

TypeDirect peer
Description

AAV gene therapy platform company with CNS pipeline including Parkinson's disease programs. Comparable as a peer AAV developer pursuing neurodegenerative indications with proprietary delivery technology.

TypeBroad incumbent
Description

Specialty biopharmaceutical company with gene therapy programs targeting CNS diseases including Parkinson's. Comparable as an incumbent with overlapping AAV gene therapy ambitions in neurodegenerative rare diseases.

TypeDirect peer
Description

Leading siRNA therapeutics company with approved products and active CNS-pipeline development. Comparable for Prevail's PROSPECT program targeting α-synuclein in Parkinson's disease via siRNA approach.

TypeDirect peer
Description

Clinical-stage AAV gene therapy company focused on CNS/neurological diseases including Parkinson's disease programs. Most direct competitor to Prevail with overlapping AAV delivery approaches and Parkinson's disease as a lead indication.

TypeEmerging player
Description

CRISPR-based in vivo genome editing company and Prevail's strategic partner. Comparable as a peer in CRISPR gene editing for neurological diseases via the X-Editor platform collaboration.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks4 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature5 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds3 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors11 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Prevail Therapeutics

Gene Therapy / Biopharmaceuticalsprevailtherapeutics.com

Prevail Therapeutics firmographics

Firmographics
Name
Prevail Therapeutics
Legal name
Prevail Therapeutics Inc.
Website
https://prevailtherapeutics.com
Company type
Private
Founded year
2019
Operating status
Operating
Headcount range
51–100 employees
Ownership category
akta.pro rank

Prevail Therapeutics industry classification

Industry
Product category
Gene Therapy / Biopharmaceuticals
NAICS
Research and Development in Biotechnology (except Nanobiotechnology) (541714)
SIC
Pharmaceutical Preparations (2834), Services-Commercial Physical & Biological Research (8731)
akta.pro primary industry
AAV Vector Gene Therapy Developers (HLAAACAA)
akta.pro secondary industries
Neurology/CNS Gene Therapies (HLAAACAH), siRNA Therapeutics (gene silencing) (HLAAADAB), Genome Editing Gene Therapies (CRISPR/TALEN/ZFN; in vivo/ex vivo) (HLAAACAD)

Keywords

  • Gene therapy development
  • Neurodegenerative disease therapeutics
  • AAV vector delivery
  • GBA1 gene replacement
  • SiRNA therapeutics

Where Prevail Therapeutics is headquartered

Location

Headquarters

HQ city
New York
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Prevail Therapeutics business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

  1. Gene Therapy Commercialization: Once clinical trials are completed and regulatory approvals are obtained, Prevail expects to generate revenue through commercialization of gene therapies for Parkinson's disease and Gaucher disease. The company operates as a wholly owned subsidiary of Eli Lilly and Company, which provides commercial infrastructure for eventual product launch.
  2. Partnership Milestone Payments: Prevail receives milestone payments from collaboration partners such as Scribe Therapeutics for achievement of development, regulatory, and commercial milestones, plus royalties on future sales.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Prevail Therapeutics product offering

Product offering

Core offering

Prevail Therapeutics is a biotechnology company developing gene therapies and siRNA therapies that target the underlying genetic causes of neurodegenerative and rare diseases. Its pipeline includes AAV-based gene therapies for Parkinson's disease with GBA1 variants and Type 1 Gaucher disease, plus an siRNA therapy for sporadic Parkinson's disease, currently administered through three active clinical trial programs (PROPEL, PROCEED, PROSPECT).

Product overview

Prevail Therapeutics, a wholly owned subsidiary of Eli Lilly and Company, is developing three distinct clinical-stage genetic therapies targeting the root causes of neurodegenerative and rare diseases: PROPEL (gene therapy for Parkinson's disease with GBA1 variants, delivered via cisterna magna injection), PROCEED (gene therapy for Type 1 Gaucher disease, administered as a single intravenous infusion), and PROSPECT (siRNA therapy for sporadic Parkinson's disease, delivered via intrathecal injection). The company focuses on gene therapy and siRNA approaches that address underlying genetic causes rather than symptom management alone.

Differentiator

Problem solved

Functional benefit

Products and services

  • PROPEL

Quantifiable outcome

  • Clinical trials are evaluating safety, tolerability, and effectiveness of gene therapies designed to slow disease progression in Parkinson's and Gaucher disease patients

Companies that use Prevail Therapeutics

Customer profile

Segments3 records

Ideal customer profiles3 records

Prevail Therapeutics technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature5 records

Prevail Therapeutics partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Scribe TherapeuticscoreTechnology or Integration · 1 January 2023Scribe Therapeutics and Prevail Therapeutics entered a strategic collaboration to develop in vivo CRISPR-based genetic medicines for neurological and neuromuscular diseases. Under the deal terms, Scribe receives $75 million upfront plus equity investment, with potential milestone payments exceeding $1.5 billion and tiered royalties on future sales. Scribe also retains the option to co-fund and share profits on one collaboration program in the United States. The collaboration focuses on leveraging Scribe's X-Editor (XE) CRISPR technology for in vivo genome editing in the CNS.

Scale indicators3 records

Recent moves5 records

Expansion highlights4 records

Prevail Therapeutics competitors and assessment

Company assessment

Direct peers

  • uniQure: Gene therapy company developing AAV-based therapies with CNS programs including Huntington's disease. Highly comparable as a clinical-stage AAV developer focused on neurodegenerative rare diseases with similar regulatory pathway and manufacturing constraints.
  • Sarepta Therapeutics: Commercial-stage gene therapy company with multiple approved AAV-delivered therapies and active pipeline in rare neurological diseases. Comparable as a fellow AAV gene therapy developer with operational scale in CNS and rare disease markets.
  • REGENXBIO: AAV gene therapy platform company with CNS pipeline including Parkinson's disease programs. Comparable as a peer AAV developer pursuing neurodegenerative indications with proprietary delivery technology.
  • Alnylam Pharmaceuticals: Leading siRNA therapeutics company with approved products and active CNS-pipeline development. Comparable for Prevail's PROSPECT program targeting α-synuclein in Parkinson's disease via siRNA approach.
  • Voyager Therapeutics: Clinical-stage AAV gene therapy company focused on CNS/neurological diseases including Parkinson's disease programs. Most direct competitor to Prevail with overlapping AAV delivery approaches and Parkinson's disease as a lead indication.

Broad incumbents

  • Roche/Genentech: Global pharmaceutical incumbent with significant gene therapy capabilities (including Spark Therapeutics) and active neurodegenerative disease programs. Comparable as a broad incumbent with overlapping CNS and gene therapy ambitions.
  • Pfizer (Gene Therapy): Large pharmaceutical incumbent with a gene therapy division and CNS pipeline. Comparable as a broad incumbent pursuing AAV gene therapy for rare neurological diseases through a wider portfolio approach.
  • Novartis (Gene Therapy): Global pharmaceutical incumbent with approved gene therapies (Zolgensma, Kymriah) and active CNS programs. Comparable as a broad incumbent with established gene therapy commercialization infrastructure.
  • BioMarin Pharmaceutical: Specialty biopharmaceutical company with gene therapy programs targeting CNS diseases including Parkinson's. Comparable as an incumbent with overlapping AAV gene therapy ambitions in neurodegenerative rare diseases.

Emerging players

  • Scribe Therapeutics: CRISPR-based in vivo genome editing company and Prevail's strategic partner. Comparable as a peer in CRISPR gene editing for neurological diseases via the X-Editor platform collaboration.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks4 records

Key highlights6 records

Customer concentration

Prevail Therapeutics financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Prevail Therapeutics leadership team

Management profile

Number of profiles

Profiles4 records

Prevail Therapeutics funding detail

Funding detail

Funding overview

Funding rounds3 records

Investors11 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Prevail Therapeutics M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Prevail Therapeutics

What does Prevail Therapeutics do?

Prevail Therapeutics is a biotechnology company developing gene therapies and siRNA therapies that target the underlying genetic causes of neurodegenerative and rare diseases. Its pipeline includes AAV-based gene therapies for Parkinson's disease with GBA1 variants and Type 1 Gaucher disease, plus an siRNA therapy for sporadic Parkinson's disease, currently administered through three active clinical trial programs (PROPEL, PROCEED, PROSPECT).

Is Prevail Therapeutics a public or private company?

Prevail Therapeutics is a private company. It is classified as corporate owned and is currently operating.

When was Prevail Therapeutics founded?

Prevail Therapeutics was founded in 2019. It employs 51 to 100 people.

Where is Prevail Therapeutics based?

Prevail Therapeutics is headquartered in New York, United States, in the North America region.

How does Prevail Therapeutics make money?

Two revenue lines are on record. Gene Therapy Commercialization is the primary driver. The others are partnership Milestone Payments.

Who are Prevail Therapeutics's main competitors?

Direct peers on record are uniQure, Sarepta Therapeutics, REGENXBIO, Alnylam Pharmaceuticals and Voyager Therapeutics. Broad incumbents are Roche/Genentech, Pfizer (Gene Therapy), Novartis (Gene Therapy) and BioMarin Pharmaceutical. Scribe Therapeutics is listed as an emerging player.

Does Prevail Therapeutics have an API?

No public API is recorded for Prevail Therapeutics.

What industry is Prevail Therapeutics in?

Prevail Therapeutics's product category is Gene Therapy / Biopharmaceuticals. Its primary akta.pro industry code is HLAAACAA, AAV Vector Gene Therapy Developers, with a secondary code of HLAAACAH, Neurology/CNS Gene Therapies. Its NAICS code is 541714 and its SIC code is 2834.

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Live signals
FierceBiotechLilly drops another gene therapy trial from $1B Prevail buyoutEli Lilly has removed a Phase 1/2 study of its GBA1 gene therapy LY3884961 in Gaucher disease type 1 (GD1) from its pipeline, marking the second lead program from its $1 billion Prevail Therapeutics acquisition to be terminated. The company stated the program did not meet its high internal bar for success, though no safety signal was observed, and reported a $206.5 million charge in Q3 2022 related to changes in estimated launch timing. Lilly is continuing the GBA1 gene therapy program in Parkinson's disease and retains other gene therapy assets acquired through its 2022 Akouos takeover for hearing loss and vestibular schwannoma.FierceBiotechLilly drops 3 pipeline drugs, including gene therapy from $1B Prevail buyoutEli Lilly has discontinued three clinical-stage drugs from its pipeline, including LY3884963, a gene therapy for frontotemporal dementia that originated from its $1 billion acquisition of Prevail Therapeutics in 2020, citing lack of compelling efficacy as the reason for termination. The company also dropped an anti-CD19 antibody (LY3541860) being tested for multiple sclerosis and rheumatoid arthritis, and a radioligand therapy (AC-225-PSMA-62) for prostate cancer, stating none of the terminations were safety-related. Lilly emphasized it has no large-scale workforce reductions planned and continues developing other gene therapies including a mid-stage GBA1 candidate for Parkinson's disease and Gaucher disease.ScribetxScribe → Scribe Announces Collaboration with Prevail, a Wholly Owned Subsidiary of Lilly, to Accelerate In Vivo CRISPR-based Genetic Medicines for Neurological and Neuromuscular DiseasesScribe Therapeutics announced a strategic collaboration with Prevail Therapeutics, a wholly owned subsidiary of Eli Lilly and Company, to develop in vivo CRISPR-based genetic medicines for neurological and neuromuscular diseases. Under the deal terms, Scribe will receive $75 million upfront plus equity investment, with potential milestone payments exceeding $1.5 billion and tiered royalties on future sales. Scribe also retains the option to co-fund and share profits on one collaboration program in the United States.GlobeNewswireAskBio Names Mansuo Shannon Chief Scientific OfficerMansuo Shannon was named Chief Scientific Officer of AskBio on April 8, 2024, succeeding R. Jude Samulski. She brings over 16 years of experience, including roles at Prevail Therapeutics and Eli Lilly, and will lead the company's gene therapy R&D. Samulski will remain on the board.PR NewswireLilly Announces the Institute for Genetic Medicine and $700 Million investment in Boston Seaport SiteEli Lilly and Company announced the launch of the Lilly Institute for Genetic Medicine and an investment of approximately $700 million to establish a state-of-the-art research facility in Boston's Seaport district. The institute, which will leverage RNA and DNA-based technologies to develop genetic medicines, builds on Lilly's 2020 acquisition of Prevail Therapeutics and will be headquartered in 334,000 sq. ft. of leased space in a 12-story building developed by Alexandria Real Estate Equities. The Boston site is projected to grow from 120 to more than 250 researchers within five years, while also supporting biotech start-ups that could create up to 150 additional jobs.PR NewswireLilly Completes Acquisition of Prevail TherapeuticsEli Lilly and Company completed its acquisition of Prevail Therapeutics Inc. on January 22, 2021, establishing a gene therapy program for neurodegenerative diseases such as Parkinson's, Gaucher, and dementia. Shareholders received $22.50 per share in cash plus one non-tradable contingent value right worth up to $4.00 per share if a specified regulatory milestone is achieved by December 2024, with approximately 79.8 percent of Prevail shares tendered. The transaction will be reflected in Lilly's 2021 financial results, though the company stated there will be no change to its 2021 financial guidance.PR NewswireLifshitz Law Firm, P.C. Announces Investigation of BPFH, SIVB, CATM, CHNG, MGLN, PS, PRVL, RP, and WDRLifshitz Law Firm, P.C. announced investigations into possible breach of fiduciary duties in connection with eight proposed acquisitions: Boston Private Financial Holdings by SVB Financial Group, Cardtronics for $35.00 per share, Change Healthcare by Optum for $25.75 per share, Magellan Health by Centene Corporation for $95.00 per share, Pluralsight by Vista Equity Partners for $20.26 per share, Prevail Therapeutics by Eli Lilly and Company for $22.50 plus contingent value rights up to $4.00 per share, RealPage by Thoma Bravo for $88.75 per share, and Waddell & Reed Financial by Macquarie Asset Management for $25.00 per share. The law firm is inviting affected investors to contact them for additional information. This appears to be a law firm press release announcing legal investigations into multiple pending merger transactions.PR NewswireMERGER INVESTIGATION ALERT: Halper Sadeh LLP Encourages CPAH, ANH, TCF, PRVL, and WORK Shareholders to Contact the FirmHalper Sadeh LLP is investigating potential securities law violations and breaches of fiduciary duties involving multiple companies, including CounterPath Corporation, Anworth Mortgage Asset Corporation, TCF Financial Corporation, Prevail Therapeutics Inc., and Slack Technologies Inc. The investigations concern mergers and acquisitions, with each company involved in sale or merger transactions.PR NewswireALERT: Halper Sadeh LLP Continues to Investigate the Following Mergers - MTSC, PRVL, ANH, CPAH, CLCTInvestor rights law firm Halper Sadeh LLP announced investigations into five merger transactions for potential violations of federal securities laws and breaches of fiduciary duties relating to shareholder interests. The mergers under scrutiny include MTS Systems' sale to Amphenol for $58.50 per share, Prevail Therapeutics' sale to Eli Lilly for $22.50 cash plus up to $4.00 per share in contingent value rights, Anworth Mortgage's sale to Ready Capital, CounterPath's sale to Alianza for $3.49 per share, and Collectors Universe's sale to an investor group for $75.25 per share. The firm is offering free consultations to affected shareholders and may seek increased consideration, additional disclosures, or other relief on their behalf.PR NewswireSHAREHOLDER ALERT: WeissLaw LLP Reminds ANCN, PRVL, BRPA, and TPGY Shareholders About Its Ongoing InvestigationsWeissLaw LLP issued shareholder alerts announcing ongoing investigations into possible breaches of fiduciary duty by the boards of four companies in connection with proposed transactions: Anchiano Therapeutics (merger with Chemomab), Prevail Therapeutics (acquisition by Eli Lilly), Big Rock Partners Acquisition Corp. (merger with NeuroRx), and TPG Pace Beneficial Finance Corp. (merger with EVBox). The law firm is reaching out to shareholders of each company to discuss potential legal claims related to the proposed deals, including concerns over ownership percentages and per-share consideration terms.