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Anavex Life Sciences to Announce Fiscal 2020 Year End Financial Results December 28th, 2020

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Anavex Life Sciences Corp. (Nasdaq: AVXL) announced a conference call on December 28, 2020, at 4:30 PM ET to discuss financial results for its fiscal year ending September 30, 2020. The company focuses on therapeutics for neurodegenerative disorders, including Alzheimer’s and Parkinson’s diseases. Anavex's lead candidate, ANAVEX®2-73, has shown promise in various clinical trials, including a successful Phase 2a trial for Alzheimer’s disease. The call will include a Q&A session with equity analysts, allowing for insights on clinical programs and corporate developments.

Positive
  • ANAVEX®2-73 completed a successful Phase 2a clinical trial for Alzheimer’s disease.
  • Successful Phase 2 proof-of-concept study in Parkinson’s disease dementia.
  • Phase 2 study completed for adult patients with Rett syndrome.
Negative
  • None.

Conference Call and Webcast To be Held Monday, December 28th, 2020 4:30 pm Eastern Time

NEW YORK, Dec. 22, 2020 (GLOBE NEWSWIRE) -- Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company developing differentiated therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders including Alzheimer’s disease, Parkinson’s disease, Rett syndrome and other central nervous system (CNS) diseases, today announced that it will issue financial results for its fiscal year ended September 30, 2020 on Monday, December 28th, 2020.

Management will host a conference call on Monday, December 28th, 2020 at 4:30 pm Eastern Time to review financial results and provide an update on its clinical programs and corporate highlights. Following management’s formal remarks, there will be a question-and-answer session with equity analysts.

Conference Call / Webcast Information:

The live webcast of the conference call can be accessed online at https://wsw.com/webcast/cc/avxl16/1496358.

To join the conference call, live via telephone, interested parties within the U.S. should dial, toll-free, 1 (866) 939-3921 and international callers should dial 1 (678) 302-3550. Please use confirmation number 50061077, followed by the pound sign (#).

A replay of the conference call will also be available on www.anavex.com.

About Anavex Life Sciences Corp.

Anavex Life Sciences Corp. (Nasdaq: AVXL) is a publicly traded biopharmaceutical company dedicated to the development of differentiated therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders including Alzheimer’s disease, Parkinson’s disease, Rett syndrome and other central nervous system (CNS) diseases, pain and various types of cancer. Anavex’s lead drug candidate, ANAVEX®2-73, recently completed successfully a Phase 2a clinical trials for Alzheimer’s disease and a Phase 2 proof-of-concept study in Parkinson’s disease dementia and a Phase 2 study in adult patients with Rett syndrome. ANAVEX®2-73 is an orally available drug candidate that restores cellular homeostasis by targeting sigma-1 and muscarinic receptors. Preclinical studies demonstrated its potential to halt and/or reverse the course of Alzheimer’s disease. ANAVEX®2-73 also exhibited anticonvulsant, anti-amnesic, neuroprotective and anti-depressant properties in animal models, indicating its potential to treat additional CNS disorders, including epilepsy. The Michael J. Fox Foundation for Parkinson’s Research previously awarded Anavex a research grant, which fully funded a preclinical study to develop ANAVEX®2-73 for the treatment of Parkinson’s disease. ANAVEX®3-71, which targets sigma-1 and muscarinic receptors, is a promising clinical stage drug candidate demonstrating disease-modifying activity against the major hallmarks of Alzheimer’s disease in transgenic (3xTg-AD) mice, including cognitive deficits, amyloid and tau pathologies. In preclinical trials, ANAVEX®3-71 has shown beneficial effects on mitochondrial dysfunction and neuroinflammation. Further information is available at www.anavex.com. You can also connect with the company on Twitter, Facebook and LinkedIn.

Forward-Looking Statements

Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in any of such statements due to various factors, including the risks set forth in the Company’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and Anavex Life Sciences Corp. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.

For Further Information:

Anavex Life Sciences Corp.
Research & Business Development
Toll-free: 1-844-689-3939
Email: info@anavex.com

Investors and Media:
Clint Tomlinson
Email: ir@anavex.com


FAQ

What are the financial results for Anavex Life Sciences for FY 2020?

Anavex will disclose its financial results for the fiscal year ending September 30, 2020, during the conference call on December 28, 2020.

When is the Anavex conference call scheduled?

The Anavex conference call is scheduled for December 28, 2020, at 4:30 PM ET.

What does Anavex Life Sciences develop?

Anavex Life Sciences develops differentiated therapeutics for neurodegenerative and neurodevelopmental disorders, including Alzheimer's disease, Parkinson's disease, and Rett syndrome.

What is ANAVEX®2-73?

ANAVEX®2-73 is Anavex's lead drug candidate, designed to restore cellular homeostasis and has shown potential in treating Alzheimer's disease and other CNS disorders.

What is the significance of the recent clinical trials by Anavex?

The recent clinical trials for ANAVEX®2-73 show efficacy for treating Alzheimer's disease, Parkinson's disease dementia, and Rett syndrome, potentially impacting future treatment options.

Anavex Life Sciences

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Biotechnology
Biological Products, (no Disgnostic Substances)
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United States of America
NEW YORK