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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

Bullboard Posts
Comment by retiredcopon Dec 20, 2019 2:02pm
156 Views
Post# 30477612

RE:RE:Good news....amyloids and tau

RE:RE:Good news....amyloids and tau many have wondered what a small partnership may be worth.. at least with PD or ALS or           our  Tau... this might give us some idea on the going price right now...\
For rights to the experimental tau drug, Biogen will pay Ionis $45 million up front, up to $155 million based on whether the therapy hits certain milestones, and royalties from any sales for the experimental treatment, which is in a Phase 1 clinical study for patients with mild Alzheimer’s. Under the deal, Ionis will handle the Phase 1 testing, which started in 2017, and a one-year extension study that began this year. Biogen will handle all subsequent studies and further development.
Bullboard Posts