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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

Post by Mole101on Nov 04, 2020 10:28am
148 Views
Post# 31835470

U.S. FDA staff says effectiveness data to support approval .

U.S. FDA staff says effectiveness data to support approval .

Biogen up 26% ...

U.S. FDA staff says effectiveness data to support approval of Biogen Alzheimer's drug

·1 min read

Nov 4 (Reuters) - Biogen Inc's experimental Alzheimer's disease drug was found effective enough in a large trial to support approval, a U.S. Food and Drug Administration panel said on Wednesday, boosting the chances of a swift approval of the drug.

As a next step to a regulatory approval, the drug will be reviewed by FDA's independent experts in a meeting on Friday that will make recommendations to the agency.

U.S. Food and Drug Administration's independent experts will consider the remarks in a meeting on Friday, before making their recommendations to the agency.

A final decision on the drug, jointly developed with Japan's Eisai Co Ltd, is due by March 2021. (Reporting by Manas Mishra and Manojna Maddipatla in Bengaluru; Editing by Shinjini Ganguli)


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