Rapport Therapeutics, Inc. (RAPP)
NASDAQ: RAPP · IEX Real-Time Price · USD
25.44
+2.18 (9.37%)
At close: Jul 1, 2024, 4:00 PM
26.01
+0.57 (2.24%)
Pre-market: Jul 2, 2024, 7:32 AM EDT

Company Description

Rapport Therapeutics is a clinical-stage biopharmaceutical company focused on discovery and development of transformational small molecule medicines for patients suffering from central nervous system (“CNS”) disorders.

Neuronal receptors are complex assemblies of proteins, comprising receptor principal subunits and their receptor associated proteins (“RAPs”), the latter of which play crucial roles in regulating receptor expression and function.

RAP-219, our most advanced product candidate, is designed to achieve neuroanatomical specificity through its selective targeting of a RAP known as TARPg8, which is associated with the neuronal AMPAR, a clinically validated target for epilepsy.

We completed our Phase 1 trials in healthy adults to assess the safety and tolerability of RAP-219, and we intend to initiate a Phase 2a proof-of-concept trial in adult patients with drug-resistant focal epilepsy in the second or third quarter of 2024, with topline results expected in mid 2025.

We believe RAP-219 also has therapeutic potential in peripheral neuropathic pain and bipolar disorder, and we intend to initiate Phase 2a trials in these indications in the second half of 2024 and in 2025, respectively.

We have also identified another TARPg8 targeted molecule with differentiated chemical and pharmacokinetic properties, RAP-199, for which we expect to initiate a Phase 1 trial in the first half of 2025.

Rapport Therapeutics, Inc.
Rapport Therapeutics logo
Country United States
Founded 2022
IPO Date Jun 7, 2024
Industry Biotechnology
Sector Healthcare
Employees 58
CEO Abraham N. Ceesay, M.B.A.

Contact Details

Address:
1325 Boylston Street, Suite 401
Boston, MA 02215
United States
Phone (857) 321-8020
Website rapportrx.com

Stock Details

Ticker Symbol RAPP
Exchange NASDAQ
Fiscal Year January - December
Reporting Currency USD
IPO Price $17.00
CIK Code 0002012593
Employer ID 88-0724208
SIC Code 2834

Key Executives

Name Position
Abraham N. Ceesay, M.B.A. Chief Executive Officer and Director
Troy Ignelzi Chief Financial Officer
David Bredt, M.D., Ph.D.(4) Chief Scientific Officer and Director
Bradley S. Galer, M.D. Chief Medical Officer
Cheryl Gault Chief Operating Officer
Kathy Wilkinson Chief People Officer
Swamy Yeleswaram, Ph.D. Chief Development Officer
Steven M. Paul, M.D. Director and Chairman
Terry-Ann Burrell, M.B.A. Director
James I. Healy, M.D., Ph.D. Director

Latest SEC Filings

Date Type Title
Jun 24, 2024 SC 13G/A [Amend] Statement of acquisition of beneficial ownership by individuals
Jun 21, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Jun 20, 2024 SC 13G Statement of acquisition of beneficial ownership by individuals
Jun 14, 2024 SC 13D General statement of acquisition of beneficial ownership
Jun 10, 2024 8-K Current Report
Jun 7, 2024 S-8 Securities to be offered to employees in employee benefit plans
Jun 7, 2024 424B4 Prospectus
Jun 6, 2024 EFFECT Notice of Effectiveness
Jun 6, 2024 CERT Certification by an exchange approving securities for listing
Jun 4, 2024 8-A12B Registration of securities