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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 Annayyaon Sep 18, 2020 1:13pm
134 Views
Post# 31582033

RE:RE:RE:RE:Management Failure

RE:RE:RE:RE:Management FailureThe PDUFA date is March 7, 2021 for FDA Approval of Aducanumab. It's not an extremely long wait but PMN might need a couple PPs by then. The only way they can increase SP value in the mean time is through the covid test with neutralizing antibodies identification success news and possible revenue in Q4 2020, which they talked about in the previous corporate update. However, it seems covid research is also progressing slower than I expected. They really need a catalyst to improve share price before doing a PP. I am beginning to wonder if it's the current large investors pushing the price down so they can load up heavily at a discounted price (with the assumption that aducanumab will be approved which will make PMN310 a huge success with big pharma partners).
G1945V wrote: "And if Aducanumab doesn't gain acceptance." then, in my opinion, the beta-amyloid hypothesis may very well end up dead in the water. PMN will have a much bigger hill to climb, sourcing badly needed funds to prove their more targeted toxic form of amyloid-beta with PMN310.  
 
I believe that Aducanumab will succeed, which will pave the way for PMN310 in a big way.    
 
jmo
G1945V



 


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