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Bullboard - Stock Discussion Forum 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... see more

NDAQ:PMN - Post Discussion

ProMIS Neurosciences Inc > Biogen Phase 1
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Post by TopBroker on Aug 30, 2021 12:23am

Biogen Phase 1

Mar. 20, 2015 — March 20, 2015, 8:54 AM PDT ... Biogen Idec stock has reached new highs and added $40 billion to the company's market cap.

For those of you who do not follow the markets. Biogen on the day they announced the results from their phase one adunucanumab antibody , their market cap increased by 40 Billion dollars during the trading day.
Comment by Gbathat on Aug 30, 2021 12:48am
Thanks TB.  Given the slightly more competitive landscape these days, I'd be good with a meager $10B, lol. Hopefully PMN's idea to collect biomarker data during Phase I could support the best-in-class hypothesis and chum the waters.  Just demonstrating fewer ARIA E side effects at much higher doses would also be a big selling point.  Exciting times ahead. 
Comment by JackRedwood on Aug 30, 2021 9:14am
At 430 Mil Shares outstanding and if you want a 10 Bil Cap the SP would have to be at $23.00 CAD
Comment by DavidKingCanada on Aug 30, 2021 9:16am
At 23 per Share, I'd retire and have over 10 Mil in the Bank Not happening with PMN, chances are more for a Buyout before the SP ever goes above a Dollar.
Comment by Fryinpan on Aug 30, 2021 7:46am
Phase one actually ended in 2012. Phase 1b ended in March 2015.  "Biogen brought aducanumab to a phase 1 trial in 2011 whereby giving a single ascending dose by intravenous infusion to participants with mild-to-moderate AD demonstrated a good safety profile when compared to those receiving the placebo dose. Biogen next conducted a phase 1b randomized, double-blind, placebo ...more  
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