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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 retiredcopon Apr 08, 2022 10:08am
96 Views
Post# 34587578

RE:RE:Biogen update

RE:RE:Biogen update

CNN)Medicare will restrict coverage of the controversial and costly Alzheimer's drug Aduhelm to those enrolled in qualifying clinical trials, the Centers for Medicare and Medicaid Services announced Thursday.

The final decision, which follows a proposed policy released in January, will have far-reaching consequences for millions of Alzheimer's patients and tens of millions of Medicare enrollees. It's the latest step in the drug's contentious path to market.

It is expected to restrict the number of people who can receive the medication. The coverage policy would also apply to other drugs in this class -- monoclonal antibodies that target amyloid, or plaque, for the treatment of Alzheimer's disease -- that the Food and Drug Administration may approve in the future.

CNN)Medicare will restrict coverage of the controversial and costly Alzheimer's drug Aduhelm to those enrolled in qualifying clinical trials, the Centers for Medicare and Medicaid Services announced Thursday.

The final decision, which follows a proposed policy released in January, will have far-reaching consequences for millions of Alzheimer's patients and tens of millions of Medicare enrollees. It's the latest step in the drug's contentious path to market.

It is expected to restrict the number of people who can receive the medication. The coverage policy would also apply to other drugs in this class -- monoclonal antibodies that target amyloid, or plaque, for the treatment of Alzheimer's disease -- that the Food and Drug Administration may approve in the future.


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