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ProMIS Neurosciences Inc PMN

ProMIS Neurosciences Inc. is a development stage biotechnology company. The Company is focused on generating and developing antibody therapeutics selectively targeting toxic misfolded proteins in neurodegenerative diseases such as Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and multiple system atrophy (MSA), an alpha-synucleinopathy. Its proprietary target discovery engine applies a thermodynamic, computational discovery platform - ProMIS and Collective Coordinates - to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. Using this approach, the Company is developing novel antibody therapeutics for AD, ALS and MSA. Its product portfolio includes PMN310 / Amyloid-beta, PMN267 / TDP-43, and PMN442 / Alpha-synuclein. The Company plans to investigate additional synucleinopathies, including Parkinson's disease (PD) and dementia with Lewy bodies (DLB). Its wholly owned subsidiary is ProMIS Neurosciences (US) Inc.


NDAQ:PMN - Post by User

Comment by garygpon Aug 02, 2023 1:20pm
119 Views
Post# 35569361

RE:RE:RE:adding

RE:RE:RE:addingM101, these are exactly my thoughts. 

So the greater question becomes, because this unknown entity has played ball with the company are they rewarded the next round of financing on their terms or does the board say "not so fast Jack, you got a deal some months ago so now you pay up?"  This would set a new financing markedly higher.  I think I know the answer, I was wondering your thoughts.  PMN and the Board are just about as far from the drivers seat as they can be so there should not really be any surprises.  This all started back in mid July.

The fact that PMN needs continual financings is as big a secret as Justin and Sophies love life.  g.
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