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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 > Cassava Drama
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Post by FarmerBetsy on Jan 22, 2025 7:57am

Cassava Drama

The drama continues after the stock tanking is the class action law suit. Acoording to the complaint, defendants provided investors and materila information concerning Cassava's leading drug candidate, sinufilam. Defendants' statements included, among other things, clear confidence in simufilam's ability to treat Alzheimer's Disease. Former Pormis chief medical officer James Kupeic is chief medical officer at Cassava
Comment by M101 on Jan 22, 2025 11:24am
I had a problem with their science presentation independent from the eventual fraud, the core hypothesis* was never fleshed out on the website as it is with Promis.    *"Simufilam’s primary mechanism is to disrupt the toxic signaling of soluble Aβ42 via the α7nAChR that hyperphosphorylates tau" https://www.mdpi.com/1422-0067/24/18/13927