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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 > Drinking the wrong Koolaid with Phase 1
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Post by FarmerBetty on Sep 16, 2022 5:27pm

Drinking the wrong Koolaid with Phase 1

Provide a company that exploded after phase 1 testing in Alzheimers clinical trials? 

75% of companies past phase 1 of clinical testing which is to a small group testing safety and tolerability.

Phase 2 and 3 tell the story !
Comment by Trek1701 on Sep 17, 2022 12:27am
You must be new here. Biogen's market cap increased by about $40 billion after encouraging results from phase 1 for BIIB037 in 2015. That trial measured benefits (cognition) as well as safety. Might have been a phase 1b but definitely not a phase 2 or 3. I think at least a few would describe a $40 billion market cap increase as "exploded". All it takes is a couple of minutes to ...more  
Comment by FarmerBetty on Sep 17, 2022 12:11pm
Took the offer and looked it up, Heres why Biogen lost 20 billion in market value in July 2015. "The primary culprits were weaker-than-expected- second quarter earning results and early stage data involving Alzheimers drug aducaumab that didn't exactly thrill investors".
Comment by Luxor101 on Sep 17, 2022 3:55pm
Look at Biogen in 2015 with phase one clinical results and think where this can go.
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