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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 bball67on Sep 23, 2021 6:19pm
163 Views
Post# 33911912

RE:fidelity?

RE:fidelity?I don,t know who the buyer is but there is a Fidelity connection with the Boston Group, Mike Gordon. Jeff Vinik and Mike Gordon ran the largest growth fund at Fidelity in the 1990's. Then they were promoted to run the largest mutual fund in existence at the time, the Magellan Fund at Fidelity. Then they left and started a huge hedge fund which was very successful and these guys became very wealthy. I think Mike is a 10% owner of the Red Sox, Patriots and their soccer team. I believe he is very involved with the Boston Group investment in Promis. I would not be surprised if he has recommended purchase of the stock to others including former collegues at Fidelity. 
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