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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

Comment by Gbathaton May 25, 2021 8:03am
110 Views
Post# 33258688

RE:ProMIS initiates commercialization of COVID-19 assay

RE:ProMIS initiates commercialization of COVID-19 assayGreat news!

Interesting that there is no mention of Immusafe here.  If I recall, Immusafe is targeting the market for "physicians and their patients." Per the COVID immunity passport website.

COVID immunity passport dot com appears to be targeting the general public.

This new PR indicates ProMIS is directly targeting the government sector and large organizations.

It will be interesting to learn how each of these three revenue streams is split between PMN and BCNI and what the size of each market will be. We know the Immusafe JV is 50-50, and due to insurance coverage, I suspect that will be the largest market.

The total picture is still developing here. My guess is this PR was triggered by the hiring of the new executive being a material event.

But things are looking very good!
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