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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 > Positive first results!
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Comment by G1945Von Jul 26, 2024 11:07am
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Post# 36149819

RE:RE:RE:Positive first results!

RE:RE:RE:Positive first results!
M101 wrote: Since the deal is all about risk mitigation for the largest investors I'm guessing the early action is just  account shuffling for tax. 

How long did really they sit on this deal waiting for 1a topline? I'm thinking at least a  year and possibly right back to the 60:1 consolidation. $2 was always the target for select investors so last year's first tranch got a 5% discount whle there's a meaningless premium for the last tranch which will be a steal when it's very quietly exercised.

Bonuses for everyone who kept their mouths shut, business as usual.  





However, would you not think that a positive Ph1a top line and the financing would be good news, enough to move the share price in a positive direction?


G1945V
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