
ProMIS Slides To FY25 Net Loss; Expects Interim Data From Phase 1b Trial Of PMN310 In Early Q3 2026

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ProMIS Neurosciences Inc. reported a FY25 net loss of $39.72 million, a significant drop from a net income of $2.78 million in the previous year. The company is developing PMN310, a monoclonal antibody for Alzheimer's treatment, and has initiated the PRECISE-AD Phase 1b trial, enrolling 144 participants. Interim data is expected in early Q3 2026, with top-line results anticipated in early 2027. Following a private placement, ProMIS has $6.1 million in cash, expected to fund operations through 2027. The global Alzheimer's therapeutics market is projected to grow from $4.05 billion in 2022 to $15.19 billion by 2030.
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