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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 > sage advice
View:
Post by M101 on Jan 17, 2025 4:36pm

sage advice

I would love to know what our major investors are thinking about Sage suing Biogen today (I don't have the details). Is this why they want total control or are they already acting on behalf of some big pharma player? 
Thoughts? 

https://www.biopharmadive.com/news/biogen-sage-acquisition-deal-offer-wall-street/737141/
Comment by G1945V on Jan 18, 2025 5:49am
M101, can you please connect the dots so I know if and how this saga (between Biogen and Sage) may or may not relate to PMN if this is where you are going?  G1945V
Comment by M101 on Jan 18, 2025 11:24am
Sage is a Boston are pharma with a CNS focused drug platform including a couple of approved depression drugs. They were in a development agreement with Biogen which is about to end, and now Biogen has made a hostile takeover bid. From Sage website: "**Biogen terminated its rights as to the SAGE-324 program in September 2024; the termination will be effective on February 17, 2025 ...more