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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 Amorfixon Nov 04, 2020 4:29pm
251 Views
Post# 31837253

Biogen / PMN

Biogen / PMNThis is what Promis was and is all about, a therapeutic for misfolded proteins and Dr.Cashmans dream and validated science to get this to the finish line. What plagues us more then anything is bad management and ridiculous financings. Now we have Biogen again increasing their market cap by about 40 Billion dollars and Promis being held down by an existing financing at 12 cents. Anybody can see this is bad timing and a ridiculous financing at a ridiculous price. Continuous discussions with Goldstein has amounted to landing on deaf ears, he thinks he knows better then anyone, but he does not. He treats this like a private Company and does whatever he wants. I have been here the longest and know more about the history of this Company then anyone and I can tell you Elliott must resign, he is a disaster for this Company. A small Biotech paying fees of 1 million Dollars a year is to say the least crazy. I am hopeful we can joint venture PMN310 with a bigger pharmaceutical and get this to clinical. Positive news from the FDA should get suitors to adopt abeta amyloids as a path forward. Totally dissapointed with this Board.
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