By The Life Science Report
Source: Streetwise Reports 10/31/2018
With this achievement, the firm expands its potential partnering opportunities.
ProMIS Neurosciences Inc. (PMN:TSX; ARFXF:OTCQB) identified novel targets on misfolded, pathological forms of tau, which have been implicated in neuronal dysfunction “seen in Alzheimer’s disease, frontotemporal dementia and other tauopathies such as repetitive head injury (chronic traumatic encephalopathy, or CTE),” the company announced.
This new development is significant for ProMIS as it now intends to create antibody therapies to selectively block these newly identified toxic forms of tau, to potentially treat Alzheimer’s disease and other neurodegenerative diseases.
A therapeutic to target toxic tau, yet to be developed, and ProMIS’ existing therapeutic to target toxic oligomers of amyloid beta, PMN310, could potentially be used together to treat Alzheimer’s disease in a “one-two punch” format, the company indicated.
“Having previously announced encouraging antibody candidates for amyotrophic lateral sclerosis (targeting TDP43) and Parkinson’s disease (targeting alpha-synuclein) and now novel targets on tau protein, we have additional exciting opportunities for high-value pharma partnering across a broad spectrum of neurodegenerative diseases in 2019,” said ProMIS President and CEO Dr. Elliot Goldstein.
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( Companies Mentioned: PMN:TSX; ARFXF:OTCQB,
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