earnings
confidence high
sentiment neutral
materiality 0.60
ProMIS Q1 net loss $7.3M; completes first cohort enrollment in PRECISE-AD trial
ProMIS Neurosciences Inc.
2025-Q1 EPS reported
-$0.21
- Net loss $7.3M vs $3.6M YoY; R&D expense $5.5M on PMN310 Phase 1b trial costs.
- Cash $8.4M at March 31, 2025, down from $13.3M at Dec 31, 2024.
- First cohort fully enrolled and dosed in PRECISE-AD (Phase 1b) for PMN310 in Alzheimer's.
- Six-month interim results expected 1H 2026; topline data by end of 2026.
- PRECISE-AD designed to detect ARIA with 95% confidence; powered for biomarker changes at 6 months.