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Anavex Life Sciences to Present at the Needham Virtual Healthcare Conference

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Anavex Life Sciences Corp. (Nasdaq: AVXL), a clinical-stage biopharmaceutical company, announced its participation in the 21st Annual Needham Virtual Healthcare Conference on April 14, 2022, at 3:45 PM ET. The presentation will be accessible via a live audio webcast through their website. Anavex specializes in developing therapeutics for neurodegenerative disorders, with its lead drug candidate, ANAVEX®2-73, demonstrating potential in clinical trials for Alzheimer's and Parkinson's diseases. The company continues to innovate in the field of central nervous system diseases.

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NEW YORK, April 07, 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 Anavex Management Team will present at the 21st Annual Needham Virtual Healthcare Conference on Thursday, April 14, 2022, at 3:45 PM ET.

A live audio webcast will be accessible at https://wsw.com/webcast/needham117/avxl/2272873 or through Company’s website at www.anavex.com. An archived edition of the session will be available later that day.

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 (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 muscarinic M1 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 present at the Needham Virtual Healthcare Conference?

Anavex will present at the 21st Annual Needham Virtual Healthcare Conference on April 14, 2022, at 3:45 PM ET.

How can I access Anavex's presentation at the conference?

You can access Anavex's presentation via a live audio webcast on their website or through the provided link.

What is Anavex’s lead drug candidate?

Anavex's lead drug candidate is ANAVEX®2-73 (blarcamesine), which targets neurodegenerative diseases like Alzheimer's and Parkinson's.

What diseases does Anavex focus on?

Anavex focuses on neurodegenerative disorders such as Alzheimer’s disease, Parkinson’s disease, and Rett syndrome.

What are the key achievements of ANAVEX®2-73?

ANAVEX®2-73 has completed a Phase 2a clinical trial for Alzheimer’s disease and demonstrated positive results in Parkinson’s disease dementia.

Anavex Life Sciences

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