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ProMIS Neurosciences Inc PMN

ProMIS Neurosciences Inc. is a clinical-stage biotechnology company. It 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). 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 candidates are PMN310, PMN267, and PMN442. The PMN310 is a monoclonal antibody designed to treat AD by selectively targeting toxic, misfolded oligomers of amyloid-beta. PMN267 product candidate targeting ALS. PMN442 is a drug candidate being developed for MSA designed to selectively target and protect against pathogenic a-syn species.


NDAQ:PMN - Post by User

Bullboard Posts
Comment by G1945Von Jan 12, 2021 12:47pm
146 Views
Post# 32276709

RE:RE:RE:RE:game on

RE:RE:RE:RE:game onA bit more reporting on Aducanumab
BiopharmaDive  Jan 5 2021:

"Biogen's aducanumab for Alzheimer's 

The FDA is facing a no-win decision on Biogen's Alzheimer's treatment aducanumab. After collaborating with the company on review of its approval application in spite of mixed and controversial data, a panel of outside advisers voted decisively against the drug's benefit-risk profile. 

Now, if FDA follows the advisory committee's advice, it risks disappointing the patients, families and advocates who have pushed for new Alzheimer's therapies. If regulators ignore the committee, they risk damaging their reputation as independent arbiters of safety and effectiveness.

How the agency chooses will have enormous consequences, not least of which will be the ripple effects on Alzheimer's research. Many drugs that work similarly to aducanumab, which blocks the accumulation of a protein called amyloid beta in the brains of Alzheimer's patients, have failed previously. 

While most Wall Street analysts doubt the FDA will approve the drug, some are holding out the possibility of a surprise by the decision deadline of March 7. "

"There are two reasons that FDA could go against the recommendation," Stifel analyst Paul Matteis wrote in a Dec. 17 note to clients. "[First], FDA briefing documents were overwhelmingly positive, and [second] one thing that's clear is FDA believes aducanumab is safe, even in the community setting." 



G1945V
Bullboard Posts