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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

Post by azzymaaon Sep 08, 2022 3:26pm
424 Views
Post# 34950292

Post from Yahoo Finance

Post from Yahoo FinanceWhat an embarrassment, this company’s leadership.
They have greatly exaggerated their claims to investors in private for years. ALS deal - nothing.
PD deal - nothing.
Diagnostic bio marker deals - nothing.
Covid test deals - nothing.
Multiple partnering deals imminent with terms exchanged - nothing.
Aducanumab inflection point - nothing.
NASDAQ inflection point - nothing.

Agora Financial exposure lifted the share price to over $0.70 in 2018 but company management did not seem happy and “managed” the share price back to $.06 over the next couple of years.

And of course, every December, tax loss selling driving the share price down. No doubt this year end will be the same.

Again, what an embarrassment.
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