ProMIS Neurosciences posts Q3 loss of $11.8 million on increased clinical trial spending

Reuters
2025/11/12
ProMIS Neurosciences posts Q3 loss of $11.8 million on increased clinical trial spending

ProMIS Neurosciences Inc. reported financial results for the third quarter ended September 30, 2025. Research and development expenses increased to $9.8 million for the quarter, compared to $2.6 million in the same period of 2024. For the nine months ended September 30, 2025, research and development expenses were $24.0 million, up from $6.3 million in the prior year period. The accumulated deficit as of September 30, 2025, was $119.7 million, compared to $90.7 million as of September 30, 2024. Total shareholders' equity was $9.2 million, down from $16.5 million in the previous year. During the period, ProMIS focused on advancing its PRECISE-AD trial for its first clinical candidate, PMN310, and strengthened its board with the addition of Slanix Paul Alex, Pharm.D. The company also raised additional capital to support its strategic and clinical goals.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ProMIS Neurosciences Inc. published the original content used to generate this news brief on November 12, 2025, and is solely responsible for the information contained therein.

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