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ProMIS Neurosciences presents promising 6‑month data on PMN310 and targets phase‑3 start in 2027
At the Cantor Fitzgerald Healthcare Conference, ProMIS emphasized that blinded interim results from the PRECISE‑AD study showed a favorable biomarker signal and no occurrence of ARIA‑E. The company sees a strong early safety profile for the monoclonal antibody PMN310 and expects the full 12‑month data from 128 patients in Q1 2027. ProMIS says it is funded through the end of 2027 and could, if the 12‑month results are convincing, move directly into a registration‑enabling phase‑3 trial; partnerships or self‑funding remain options. » More on de.investing.com
ProMIS Neurosciences shares rise after positive phase‑1b interim data on PMN310
ProMIS Neurosciences stock rose 16.1% in premarket trading after the presentation of six‑month, blinded interim results from the phase‑1b PRECISE‑AD study of PMN310. Among 136 patients there were no ARIA‑E cases; the overall incidence of ARIA was 4.4% and was limited to mild, asymptomatic microbleeds. There were no treatment‑related serious adverse events or study‑related discontinuations. The data are viewed as strong evidence of safety, particularly in APOE4 carriers, and were accompanied by new analyst coverage (Chardan: buy, price target $20.00), which drove the share price from $11.72 to $13.61. » More on de.investing.com
ProMIS Neurosciences presents interim results of PMN310 phase 1b study
ProMIS Neurosciences is hosting a webinar to discuss the blinded six-month interim results of the PRECISE-AD Phase 1b study for PMN310. Discussions will focus on aggregated safety data and trends in selected biomarkers from patients with early-stage Alzheimer’s. PMN310 is a humanized monoclonal IgG1 antibody that targets toxic amyloid‑beta oligomers without binding to plaques or vascular deposits, potentially reducing the risk of amyloid-related imaging abnormalities. The randomized, double-blind study of 144 participants across three dose cohorts is fully recruited; PMN310 received FDA Fast-Track designation in July 2025. » More on de.investing.com
Financials
| (EUR) | 2022 | YoY |
|---|---|---|
| Revenue | 0 | 100.00% |
| Gross profit | 0 | 100.00% |
| Net profit | -11.61m | 72.80% |
| EBITDA | -16.4m | 168.46% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €32.52m |
Number of shares | 8.58m |
52-week high/low | €7.01 - €2.11 |
| Dividends | No |
Beta | 1.19 |
P/E ratio | -0.25 |
PEG ratio | 0.00 |
P/B ratio | 0.77 |
P/S ratio | 0.00 |
Company profile
ProMIS Neurosciences, Inc. discovers and develops precision medicine solutions for the treatment of neurodegenerative diseases, primarily Alzheimer's disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA) in Canada. The company's proprietary discovery platform comprises ProMIS and Collective Coordinates algorithms to predict novel targets known as disease specific epitopes on the molecular surface of misfolded proteins. Its lead product candidates include PMN310, a monoclonal antibody (mAb) for toxic oligomers in AD; PMN267, a superoxide dismustase 1 and TAR-DNA binding protein 43 in ALS, as well as alpha synuclein in Parkinson's disease and Lewy body dementia; and PMN442, a mAb targeting toxic a-syn oligomers and seeding fibrils in MSA. The company was formerly known as Amorfix Life Sciences Ltd. and changed its name to ProMIS Neurosciences, Inc. in July 2015. ProMIS Neurosciences, Inc. was incorporated in 2004 and is headquartered in Toronto, Canada.
| Name | ProMIS Neurosciences |
| CEO | Gail M. Farfel |
| Headquarters | Toronto,
on Canada |
| Website | |
| Sector | Health Care |
| Industry | Pharmaceuticals |
| IPO | 25/10/2007 |
| Employees | 6 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Toronto Stock Exchange | PMN.TO |