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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 Gbathaton Mar 24, 2021 10:05am
200 Views
Post# 32865667

not much pps movement

not much pps movementI'm surprised the pps has not gotten much of a boost from the recent news. I guess the headline is financing-focused.  Hopefully the actions mentioned further down in the PR become their own PRs soon.

If I recall, their number for PHI was $10M.  Perhaps there will be a 50-50 JV with a larger company in the pipe, at $5M a piece.  I think a partnership with a trusted 'big' from pharma would go a long way in building investor confidence. The comments about DD by the new investors were definitely encouraging in the meantime.

There is no reason to go it alone on the PMN310 venture. Profits would be huge for a small company no matter how you slice the final product, and the underlying objective of treating Alz is just too important to wait. PMN also has lots of other products in the pipeline.  

I am very excited about the future here.  So much potential.  
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