ProMIS Neurosciences Appoints Internationally Recognized Neuroscientist Dr. Cheryl Wellington to its Scientific Advisory Board

Rhea-AI Summary

ProMIS Neurosciences has appointed Dr. Cheryl Wellington to its Scientific Advisory Board, enhancing its focus on neurodegenerative diseases like Alzheimer's and traumatic brain injury. Dr. Wellington, a professor at UBC, brings expertise in blood-based biomarkers, which offer non-invasive advantages for clinical trials. The company emphasizes targeting misfolded proteins to advance its therapeutic approaches. Dr. Wellington expressed enthusiasm for ProMIS's mission to address the root causes of brain diseases, signaling potential advancements in treatment methodologies.

Positive

• Appointment of Dr. Cheryl Wellington to Scientific Advisory Board, enhancing expertise in neurodegenerative diseases.
• Dr. Wellington's background in blood-based biomarkers may improve diagnostic and monitoring capabilities in clinical trials.

Negative

• The reliance on developing blood-based biomarkers might face challenges in validation and acceptance within the medical community.

TORONTO, Ontario and CAMBRIDGE, Mass., Jan. 27, 2022 (GLOBE NEWSWIRE) -- ProMIS Neurosciences, Inc. (TSX: PMN) (OTCQB: ARFXF), a biotechnology company focused on the discovery and development of antibody therapeutics targeting misfolded proteins such as toxic oligomers implicated in the development of neurodegenerative diseases, announced today that it has appointed Dr. Cheryl Wellington to its scientific advisory board (SAB).

Dr. Cheryl Wellington, Professor of Pathology and Laboratory Medicine at the University of British Columbia (UBC), has built an internationally recognized research program that focuses on neurological diseases, with a particular emphasis on Alzheimer’s Disease (AD) and Traumatic Brain Injury (TBI). 

“We are delighted to welcome Dr. Wellington to the ProMIS SAB,” stated Dr. Neil Cashman, ProMIS’ Chief Scientific Officer. “In addition to her outstanding contributions to the understanding of AD and TBI, we are duly impressed by her research group that is one of the most experienced in North America on ultrasensitive blood-based biomarker tests for a number of neurological and neurodegenerative conditions, including Alzheimer’s disease.”

The emerging ability to measure biomarkers such as NfL (neurofilament light chain), P-tau (phosphorylated tau protein) and GFAP (glial fibrillary acidic protein) in blood samples as opposed to cerebrospinal fluid (CSF) offers several advantages such as its relatively non-invasive nature, lower risk of complications and ease with which blood draws can be repeated on a regular basis. These advantages make blood-based biomarkers ideal tools in AD clinical trials to assist in diagnosis and monitoring of patient progress on therapy.

Commenting on her appointment to the ProMIS SAB, Dr. Wellington stated: “ProMIS’s approach to targeting the root cause of many brain diseases is of exceptional interest and importance. I am honored to join the Scientific Advisory Board to advise and assist in their programs.”

About ProMIS Neurosciences
ProMIS Neurosciences, Inc. is a development stage biotechnology company focused on discovering and developing antibody therapeutics selectively targeting misfolded proteins such as toxic misfolded oligomers implicated in the development and progression of neurodegenerative diseases, in particular Alzheimer’s disease (AD), amyotrophic lateral sclerosis (ALS) and Parkinson’s disease (PD). The Company’s proprietary target discovery engine is based on the use of two complementary computational modeling techniques. The Company applies its molecular dynamics, computational discovery platform -ProMIS™ and Collective Coordinates - to predict novel targets known as Disease Specific Epitopes on the molecular surface of misfolded proteins. ProMIS is headquartered in Toronto, Ontario, with offices in Cambridge, Massachusetts. ProMIS is listed on the Toronto Stock Exchange under the symbol PMN, and on the OTCQB Venture Market under the symbol ARFXF
Visit us at www.promisneurosciences.com, follow us on Twitter and LinkedIn

For Investor Relations please contact:
Alpine Equity Advisors
Nicholas Rigopulos, President
nick@alpineequityadv.com
Tel. 617 901-0785

The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. This information release contains certain forward-looking information. Such information involves known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements to be materially different from those implied by statements herein, and therefore these statements should not be read as guarantees of future performance or results. All forward-looking statements are based on the Company's current beliefs as well as assumptions made by and information currently available to it as well as other factors. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Due to risks and uncertainties, including the risks and uncertainties identified by the Company in its public securities filings, actual events may differ materially from current expectations. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

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FAQ

Who is Dr. Cheryl Wellington and what is her role at ProMIS Neurosciences?

Dr. Cheryl Wellington is a Professor of Pathology at UBC, appointed to ProMIS's Scientific Advisory Board, bringing expertise in neurodegenerative diseases.

What are the implications of Dr. Wellington's appointment for ProMIS Neurosciences?

Her appointment strengthens ProMIS's focus on neurological diseases and may enhance its research capabilities in blood-based biomarkers.

What is the significance of blood-based biomarkers in Alzheimer's disease research?

Blood-based biomarkers are non-invasive, easier to collect, and could improve diagnosis and monitoring in clinical trials for Alzheimer's disease.