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ProMIS Neurosciences Inc.

ProMIS Neurosciences is a development stage biotechnology company whose unique core technology is the ability to rationally predict the site and shape (conformation) of novel targets known as Disease Specific Epitopes (DSEs) on the molecular surface of proteins. In neurodegenerative diseases, such as Alzheimer’s, ALS and Parkinson’s disease, the DSE’s are misfolded regions on otherwise normal proteins. In the infectious disease setting, these disease-specific epitopes represent peptide antigens that can be used as an essential component to create accurate and sensitive serological assays to detect the presence of antibodies that arise in response to a specific infection, such as COVID-19.

Expert Comments:

ProMIS Neurosciences cites "unequivocally positive data" and encouraging FDA actions with respect to the therapeutic.
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ProMIS Neurosciences has demonstrated positive outcomes in proof-of-concept studies.
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One highlight is ProMIS Neurosciences' development of a SARS CoV-2 antibody test.
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Clive Maund,

"This is a good point for ProMIS Neurosciences Inc.'s stock to start advancing again. . .the reason for us taking an interest in it here is that, given the proximity of support, we can place a fairly close stop to take us out if the support fails, which means that we have a favorable risk/reward ratio because the upside is relatively unlimited. The company is therefore rated an Immediate Buy here."

ProMIS Neurosciences and its collaborator make their relationship official with a joint venture agreement.
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ProMIS Neurosciences states that the current version of the ProMIS-BCNI assay achieves 99.9% sensitivity and 99.5% specificity for SARS CoV-2, the coronavirus causing COVID-19.
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Testing and validation of ProMIS Neurosciences' antibody targets will be conducted over the coming weeks.
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ProMIS is harnessing its unique technology platform to develop a more error-free antibody test.
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ProMIS Neurosciences reported it has generated novel intrabodies that are highly selective for misfolded forms of TAR DNA-binding protein 43 implicated in several neurologic disorders.
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Cosme Ordonez, Noble Capital Markets

"ProMIS Neurosciences Inc. announced a collaboration to develop a sensitive and specific laboratory test to detect antibodies against SARS-CoV-2, the virus causing Covid-19. Given ProMIS' experience with peptide and antibody based technologies, we believe the company and its collaborators will be able to develop a specific test without cross-reactivity with other viruses in the coronavirus family. Thus far, high test specificity has been a challenge for the industry. . . In our opinion, ProMIS could potentially attract a big pharmaceutical company to sign a partnership to advance development of vectorization technology."

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Clive Maund –

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Investing Highlights
Unique tech. platform creates highly selective antibodies for root cause of Alzheimer’s, ALS and Parkinson’s
2nd generation PMN 310, anticipated to show significant advantages in efficacy & safety vs Biogen’s 1st to market aducanumab in Alzheimer’s
Unique platform supports development of highly sensitive & specific blood test for antibodies specific for COVID-19
catalyst Calendar
Potential successful serological antibody test for COVID-19 (end June 2020); expansion of current co
Potential collaborations with pharma partners/patient associations forALS, Parkinson’s disease (comi
Anticipated approval of Biogen’s aducanumab for AD, rolling BLA ongoing, news expected around end Q3