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Bullboard - Stock Discussion Forum 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... see more

NDAQ:PMN - Post Discussion

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Post by Gbathat on Sep 06, 2020 1:57pm

A positive

To fight the incessant negativity on this board, I want to recap two key pieces of information from the Zacks report.

1. The joint venture in diagnostics is a 50/50 venture.  That is great news. 

2. The PMN310 delay to Ph1 is due to biogen delays.  While delays are not good, at least the delay is external.

Bottom line: diagnostics are our best chance for best term revenue, and given the covid and ALZ markets,  those markets could be sizable relative to our market cap.  Hopefully the biogen aducanunab approval goes smoothly as well so that the best in class effort can accelerate.
Comment by farmerjane on Sep 06, 2020 4:44pm
Can you explain what PMN310 delay has to do with Biogen?
Comment by Gbathat on Sep 06, 2020 7:02pm
From the Zack's article, it sounds like the potential funding for PHI testing is contingent on the FDA approval of Biogen's aducanumab, which would essentially validated amyloid beta as a target for AD treatment. While the aducanumab data shows limited efficacy, it does show significant levels of benefit.  Personally, I wish the PHI would just launch, but it's not my $10M, so it ...more  
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