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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 JoeyBostonon Jul 17, 2023 8:03pm
223 Views
Post# 35545175

Amyloid Hypothesis gaining strength

Amyloid Hypothesis gaining strengthCouple of takeaways for me today:

1). With Acumen clinical results, the Amyloid hypothesis continues to be gaining strength (Biogen, Lilly & now Acumen with recent positive clinical results). I think that helps everyone in this ecosystem, including Promis. Increases the likelihood of pharma investing in these companies.
2). Huge volume today, including big volume buys. The question is who are these "investors"? As someone mentioned earlier, were Insiders buying today? Obviously, there will be traders who will be in and out. But, hopefully, we got "new" big investors today who are here for the long-term.

Congrats to Longs.
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