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NASDAQ · Healthcare

Invest in ProMIS Neurosciences stock from India

Indian and foreign residents can buy ProMIS Neurosciences (PMN) shares directly through Paasa.

By Paasa · Updated

ProMIS Neurosciences at a glance

Price
$10.64-$0.02 (0.14%)
Market cap
$95.37M
Day range
$10.53 – $11.04
P/E
-0.63
Dividend yield
None
Volume
16.83K
1 month
-22.88%
6 months
-27.85%
YTD
+55.71%
1 year
-3.32%
5 years
-94.94%

Live chart and statistics

ProMIS Neurosciences statements, FY2021–FY2025

Fiscal year20252024202320222021
Revenue$0.0$0.0$0.0$0.0$16.7K
Gross profit$0.0$0.0−$10.4M$0.0−$5.8M
Operating income−$40.2M−$16.8M−$18.9M−$23.4B−$10.6M
Net income−$39.7M$2.8M−$17.5M−$18.1B−$12.0M
Earnings per share−$22.61$2.75−$35.50−$60.25−$51.77
EBITDA−$39.7M$2.9M−$17.8M−$17.8B−$9.3M
Total assets$9.2M$18.9M$13.6M$12.6M$22.4M
Total debt$0.0$0.0$0.0$0.0$4.9M
Cash and short-term investments$6.2M$13.3M$12.6M$10.8M$21.5M
Shareholders' equity−$1.3M$16.5M$3.8M−$2.5M$7.2M
Operating cash flow−$28.1M−$27.2M−$10.8M−$22.9M−$9.4M
Free cash flow−$28.1M−$27.2M−$10.8M−$22.9M−$9.4M
Capital expenditure$0.0$0.0$0.0−$2.7K−$6.1K

Fiscal years as reported, the latest ending 31 Dec 2025. Figures in USD; a dash means the provider reported nothing for that line.

Peer comparison

CompanyTickerPriceMarket cap
Adlai NortyeANL$15.65$830.70M
MapLight TherapeuticsMPLT$10.15$430.73M
TharimmuneTHAR$3.54$139.94M
Edesa BiotechEDSA$3.56$34.29M
LipocineLPCN$2.16$17.81M
Adaptimmune TherapeuticsADAP$0.05$12.53M
Ernexa TherapeuticsERNA$3.16$5.16M
OSROSRH$0.12$3.86M

Peers as grouped by the data provider. This is not an investment recommendation.

Analyst price targets

Low
$29.00
High
$33.00
Median
$31.00
Consensus
$31.00

Ratings: 3 buy · 0 hold · 0 sell. Consensus: Buy.

Published sell-side 12-month targets in USD, aggregated by the data provider. They are not Paasa's view and not a forecast.

How to invest in ProMIS Neurosciences from India

  1. Step 1

    Open your Paasa account

    KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.

  2. Step 2

    Add funds from your Indian bank account

    Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.

  3. Step 3

    Search PMN and buy

    Find ProMIS Neurosciences by name or by its ticker, PMN, and place your order. Fractional shares are available and there is no minimum trade size, so you can buy by amount instead of whole shares.

Why invest in ProMIS Neurosciences from India

What ProMIS Neurosciences does

ProMIS Neurosciences, Inc. is a Canadian biotechnology firm dedicated to creating targeted therapeutic solutions for debilitating neurodegenerative conditions such as Alzheimer's disease (AD), amyotrophic lateral sclerosis (ALS), and multiple system atrophy (MSA). The company leverages a unique computational discovery platform, utilizing its ProMIS and Collective Coordinates algorithms, to identify novel, disease-specific targets – known as epitopes – located on the surface of misfolded proteins. ProMIS Neurosciences operates in the Biotechnology industry within the Healthcare sector.

Hold a dollar asset

ProMIS Neurosciences shares are priced in US dollars, so a weaker rupee adds to what they're worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.

Buy a fraction of a share

Buy by amount, not by share, and get the matching fraction of one ProMIS Neurosciences share. There is no minimum trade size.

Paasa handles the paperwork

Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.

Frequently asked questions

Can I buy ProMIS Neurosciences stock from India?

Yes. Indian residents and NRIs can buy ProMIS Neurosciences (PMN) shares directly through Paasa. ProMIS Neurosciences is listed on NASDAQ, in the Biotechnology industry. Your money leaves India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name at Interactive Brokers.

Do I need to buy a full ProMIS Neurosciences share?

No. You can buy part of one ProMIS Neurosciences share and add to your position over time. One share is $10.64, and you can buy whole shares or any fraction; there is no minimum trade size.

How are ProMIS Neurosciences dividends taxed for Indian investors?

ProMIS Neurosciences trades on NASDAQ but is domiciled in Canada, so any withholding on its dividends follows that country's rules rather than those of the US. Some non-US companies list in the US through American Depositary Receipts, which can carry dividend withholding at the company's home-country rate. Dividends are taxed at your slab rate in India. Paasa's dividend report shows the gross amount and any tax withheld for each payment.

What tax do I pay in India when I sell ProMIS Neurosciences shares?

The US does not levy capital gains tax on shares for Indian residents. In India, gains on shares held for more than 24 months are long-term and taxed at 12.5%, and gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. Both are worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.

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