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Praxis Precision Medicines

#36,908 H-1B sponsor of 76,738#817 Pharma & biotech sponsor of 1,270
H-1B Visa Sponsorship 2026

Pharma & biotech Β· H-1B sponsor Β· FY2017–2026

🏒 Boston, MA HQ🌐 praxismedicines.com

Does Praxis Precision Medicines sponsor H-1B visas?

Yes. Praxis Precision Medicines has filed 9 H-1B LCAs with the U.S. Department of Labor between FY2021 and FY2026. In FY2025–2026 Praxis Precision Medicines filed 3 H-1B LCAs at a median base salary of $140,000, about 15% above the national H-1B median of $121,966 for the same period. No PERM green-card cases are on record.

It files most often for Chief Scientific Officer roles, most in Boston, MA.

H-1B filings
9
(FY2021–2026)
Median base pay
$140k
from 3 filings (FY2025–2026)
Pay vs market
+15%
above national median ($122k, FY2025–2026)
Green-card (PERM) filings
0
no green-card cases

H-1B pay & filings by year

Median base salary (line) and H-1B filing volume (bars), by fiscal year

Show the numbers behind this chart
Praxis Precision Medicines, Inc. H-1B LCA filings and median base salary by fiscal year
Fiscal yearH-1B LCA filingsMedian base salary
FY2026 (partial)3$140k
FY20242$338k
FY20221$460k
FY20213$145k

A fiscal year marked partial is still in progress, so its total is lower than a complete year and the two are not comparable.

H-1B wage floor & filing outcomes

What this employer pays against the DOL legal minimum, how senior the roles are, and how the filings were decided

Pay vs the legal floor
$210k
64% above the $128k prevailing wage
Role seniority (wage levels)
67% senior
126
LCA decisions
100.0% certified
9 of 9 filings
USCIS I-129 petition outcomes Β· FY2017–2023
Approved3 petitions
Denied0 petitions
LCA filings by type Β· FY2021–2026
New employment4 filings44.4%
Transfers in4 filings44.4%
Renewals1 filings11.1%

Worker backgrounds

From green-card (PERM) cases

Sponsors H-1B workers but has few or no green-card (PERM) cases under this name, so worker backgrounds aren’t available.

Pay against the local market

Praxis Precision Medicines’s most-filed occupations and metros, FY2024–FY2026. Its median base salary is 154% of the local BLS median for the same work.

OccupationMetroFilingsPraxis Precision Medicines payLocal BLS median‑vs market
Managers, All OtherBoston, MA1$225,000$174,840129%
Data ScientistsAtlanta, GA1$140,000$104,480134%
StatisticiansBoston, MA1$225,000$99,230227%
Data ScientistsManchester, NH1$126,000$99,730126%

About Praxis Precision Medicines

Legal name
Praxis Precision Medicines, Inc.
Incorporated in
Delaware
Headquarters
99 High Street, 30th Floor, Boston, MA 02110
Industry
Pharma & biotech
Employees (US, est)
105 (2024)
Revenue FY2025
$0M -100% from $9M
Net income FY2025
$-303M -66% from $-183M
R&D FY2025
$267M

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