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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 BottomBrokeron Feb 08, 2024 10:39am
112 Views
Post# 35869830

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ENDPOINTS NEWS Jan 31, 2024

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:ENDPOINTS NEWS Jan 31, 2024How do you explain the share price since the move to the Nasdaq? It was at  $6-8 when first listed. 

SINCE then, Promis has:

 - received approval for an IND from the FDA
 - released postitive pre-clinical data 
 - started Phase 1 trials

Pretty good news, right?

Well, as everyone knows, the share price has gone nowhere but down - almost back to penny-stock status not too long ago - and now is just barely keeping its head above Nasdaq-delisting terrority.

I don't know about anyone else, but that doesn't make a whole lot of sense to me. 


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