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ProMIS Neurosciences Inc.'s (PMN:TSX; ARFXF:OTCQB) lead therapeutic candidate for Alzheimer's disease, PMN310, will be evaluated in a Phase 1b clinical trial in early 2023, Argus Research analyst Steve Silver reported in a June 27 report. PMN310 is a monoclonal antibody that binds with high affinity and selectivity to toxic oligomers of amyloid-beta, a recognized root cause of Alzheimer's disease.
"We estimate that more than 100 candidates for Alzheimer's disease are currently in the clinic and view PMN310 as potentially representing a best-in-class opportunity," Silver wrote.
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