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News Focus
Silver North Intersects 1.83 metres True Width of 1,088 g/t Silver, 3.90 g/t Gold (click to learn more)
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ProMIS Neurosciences Inc PMN

Healthcare Biotechnology
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

ProMIS Neurosciences Inc > AD treatment market $18.5B by 2029
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Post by Gbathaton May 10, 2023 2:29pm
154 Views
Post# 35441333

AD treatment market $18.5B by 2029

AD treatment market $18.5B by 2029https://www.yahoo.com/now/alzheimer-therapeutics-market-worth-usd-083100336.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAHSsLPNAD-NneaUynFCb18TT7ZTpjRL068iFgdQH_sjj-_socfoLUmZxNsGNCdT6iMu9CVN2NVB1JKo-7-RHK1sQXDX9CBQdSMEc0d_6UDhYoMMtp2uyrG8A-IeGsLwxSKZUBOHRlI3kAkzA9mK7HoLE3q-Jt50zt_G_ZXK31VHd

AD treatment market $18.5B by 2029

Capturing just 5% of that market puts a company at nearly $1B in revenues and likely a multi-billion dollar valuation (market cap)

Current market cap for PMN is around $50M.  If we assume about $200M in additional capital raise needed, so $250M future market cap.   Lots of upside potential if it goes from $250M to $5B and beyond.

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