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.
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