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Anavex Life Sciences to Announce Fiscal 2022 Year End Financial Results on Monday November 28, 2022

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Anavex Life Sciences Corp. (Nasdaq: AVXL) will release its fiscal year 2022 financial results on November 28, 2022, at 8:30 am ET. Following the results, a conference call will be held to discuss the findings and the company's growth strategy. Anavex focuses on developing therapeutics for neurodegenerative disorders, including Alzheimer’s and Parkinson’s diseases. Its lead candidate, ANAVEX®2-73, has completed several clinical trials, showing promise in treating these conditions. A webcast of the call will be available on their website.

Positive
  • Successful completion of Phase 2a clinical trial for ANAVEX®2-73 in Alzheimer's disease.
  • Phase 2 proof-of-concept study in Parkinson's disease dementia completed.
  • Ongoing Phase 2 and Phase 3 studies in patients with Rett syndrome demonstrate strong pipeline.
Negative
  • None.

Webcast and Conference Call To be Held Monday November 28, 2022, 8:30 am ET

NEW YORK, Nov. 23, 2022 (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, 2022 on Monday November 28, 2022.

Management will host a conference call on Monday November 28, 2022, at 8:30 am ET to review financial results and provide an update on the execution of the Company’s growth strategy. Following management’s remarks, there will be a question-and-answer session.

Webcast / Conference Call Information:

The live webcast of the conference call will be available on Anavex’s website at www.anavex.com.

The conference call can be also accessed by dialing +1 929 205 6099 for participants in the U.S. using the reference passcode 511901. A replay of the conference call will also be available on Anavex’s website for up to 30 days.

About Anavex Life Sciences Corp.

Anavex Life Sciences Corp. (Nasdaq: AVXL) is a publicly traded biopharmaceutical company dedicated to the development of novel 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 (blarcamesine), has successfully completed a Phase 2a clinical trial for Alzheimer's disease, a Phase 2 proof-of-concept study in Parkinson's disease dementia, and both a Phase 2 and a Phase 3 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 M1 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, Instagram, 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:
Andrew J. Barwicki
Investor Relations
Tel: 516-662-9461
Email: andrew@barwicki.com


FAQ

When will Anavex Life Sciences release its fiscal year 2022 financial results?

Anavex Life Sciences will release its fiscal year 2022 financial results on November 28, 2022.

What is the focus of Anavex Life Sciences' research?

Anavex Life Sciences focuses on developing therapeutics for neurodegenerative and neurodevelopmental disorders like Alzheimer's and Parkinson's diseases.

How can I access the Anavex Life Sciences conference call?

The conference call can be accessed via a live webcast on Anavex’s website or by dialing +1 929 205 6099 using passcode 511901.

Anavex Life Sciences

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