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Prime Medicine PRME Business Segments — Research costs
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Where this comes from
Reported directly by Prime Medicine in its filing.
Tagged under the XBRL concept prme:ResearchAndDevelopmentExpenseResearchCosts.
The source filing: Prime Medicine’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 8:03 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001628280-26-053883
| (in thousands) | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Research and development expenses | ||||
| Personnel expenses | 10,800 | 14,448 | 21,853 | 29,248 |
| Facility related | 10,577 | 13,765 | 20,843 | 24,734 |
| Research costs | 6,158 | 8,116 | 13,418 | 19,152 |
| General and administrative expenses: | ||||
| Personnel expenses | 5,559 | 7,082 | 11,091 | 14,238 |
| Other segment items (1) | 11,345 | 11,081 | 28,744 | 20,966 |
| Total operating expenses | 44,439 | 54,492 | 95,949 | 108,338 |
Item 1. Financial Statements (unaudited)
FAQ
- What is Prime Medicine's business segments — research costs?
- Prime Medicine (PRME) reported business segments — research costs of $6.16M in Q2 2026.
- How has Prime Medicine's business segments — research costs changed year-over-year?
- Prime Medicine's business segments — research costs decreased by 24.1% year-over-year, from $8.12M to $6.16M.
- What is the long-term trend for Prime Medicine's business segments — research costs?
- Over 2 years (2023 to 2025), Prime Medicine's business segments — research costs has grown at a -22.9% compound annual growth rate (CAGR), from $59.61M to $35.45M.
- What does business segments — research costs mean?
- Represents the expenditures dedicated to research and development activities within a specific business segment, aimed at discovering or advancing new technologies and products. This metric is critical for biotechnology companies, as it reflects the level of investment in the innovation pipeline and future growth potential. High spending in this area indicates a commitment to long-term product development and technological leadership.
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