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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

Bullboard Posts
Post by farmerjaneon Jun 14, 2012 12:51pm
284 Views
Post# 20014092

Good info, looking for takeout

Good info, looking for takeout

Interesting information, Retired Cop, I have been thinking take-out for sometime simply because the new partnerships the company has talked about for the last two years have not materialized. If you analyze the ownership of the products in the company the only real product outside of Amorfix's control is the ALS antibody with Biogen. The parnership with Prevent on the Vaccine side gives Amorfix an option with a Revenue Sharing formula to take control after Phase 1 Clinical trials, which is a great deal for both Amorfix and Prevent. For the most part  Amorfix's control of most products is wide open. So here is my dollar bet on a guess as to whats going to happen, if the company announces a Alzheimer's test 100 % probability of a take-out, I think their is a lower than 50% probability that the company continues with new partnerships, however their are creative ways in doing this that spreads the risk. Another scenario might be to sell off the Diagnostic side and keep the Therapuetic, should be seeing something soon.  

Bullboard Posts