ProMIS appoints experienced industry veteran Larry Altstiel as Chief Medical Officer
19 Abril 2022 - 8:00AM
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 Larry Altstiel M.D.
Ph.D., as Chief Medical Officer.
“Larry Altstiel has been a respected leader for over twenty
years in the Alzheimer’s clinical research community, and we are
delighted to welcome him to the ProMIS team”, stated Gene Williams,
ProMIS Chairman and CEO. “His deep knowledge of clinical research,
regulatory pathways, and the neurodegenerative disease community
will be a tremendous asset to ProMIS as we develop our portfolio of
differentiated product candidates.”
“ProMIS has shown compelling scientific rationale for the
differentiation of PMN310 in Alzheimer’s disease” according to Dr.
Altstiel. “ProMIS has developed unique and valuable methods for
identification of misfolded proteins and toxic oligomeric forms of
these proteins that may contribute to the development of a number
of neurodegenerative diseases. In particular this approach supports
the likely differentiation of PMN310 from other antibody approaches
targeting other forms of Abeta. ProMIS’ unique technology platform
has also led to the generation of potentially differentiated
therapies in ALS and other neurodegenerative diseases. I look
forward to helping advance this exciting portfolio in the
clinic.”
Larry Altstiel, M.D., Ph.D. brings decades of medical expertise
in neurodegenerative diseases and experience in the pharmaceutical
industry. At Pfizer, as vice president and head of neuroscience
clinical research, Larry led the selection of drug candidates,
development and oversight of multiple preclinical studies and
clinical studies from Phase 1 through Phase 3. He is currently part
time Chief Medical Officer at Pinteon Therapeutics. He received his
Ph.D. in cell biology, virology, and physical chemistry from The
Rockefeller University, completed a postdoctoral fellowship in cell
biology at Harvard University and received an M.D. from the
University of Miami Leonard M. Miller School of Medicine. He also
completed a residency in Neurology at the Neurological Institute of
New York, Columbia University College of Physicians and
Surgeons.About ProMIS
Neurosciences
ProMIS Neurosciences, Inc. is a development stage biotechnology
company focused on discovering and developing antibody therapeutics
selectively targeting 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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