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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 > Financing explanation?
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Comment by bball67on Jul 27, 2024 12:52pm
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Post# 36151213

RE:Financing explanation?

RE:Financing explanation?This is my understanding. A Warrant holders will have 60 days to exercise warrants following an 8k SEC filing of biomarker results by Promis. This will be biomarker results for 7+ biomarkers done on patients monthly for the first six months of phase 1b. If PMN 310 is having an effect on patients, blood biomarker readouts would be showing improvements. About six months after this, Promis will announce clinical results with another 8k filing. B warrant holders would have 60 days to exercise these warrants after the SEC filing. 
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