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Anavex Life Sciences Corp. (Nasdaq: AVXL) is a clinical-stage biopharmaceutical company dedicated to the development of novel therapeutics for neurodegenerative and neurodevelopmental disorders. Headquartered in New York, Anavex focuses on precision medicine to treat diseases with high unmet medical needs, such as Alzheimer's disease, Parkinson's disease, Rett syndrome, and schizophrenia.
Anavex's lead compound, ANAVEX 2-73 (blarcamesine), is an orally available small molecule targeting sigma-1 and muscarinic receptors. It aims to restore cellular homeostasis, showing promise in multiple CNS disorders. Blarcamesine has successfully completed Phase 2a and Phase 2b/3 trials for Alzheimer's disease and various studies in Rett syndrome, including a recent Phase 2/3 EXCELLENCE pediatric trial demonstrating significant improvements in Rett Syndrome Behaviour Questionnaire (RSBQ) scores.
The company also has other promising drug candidates, such as ANAVEX 3-71, targeting sigma-1 and M1 muscarinic receptors. This candidate has exhibited disease-modifying activity in Alzheimer's disease models and is currently in a Phase 2 trial for schizophrenia.
Anavex actively engages in partnerships and collaborations, including support from the Michael J. Fox Foundation for Parkinson's Research. With a robust intellectual property portfolio, Anavex is committed to advancing its pipeline through rigorous clinical trials to bring effective treatments to market.
Recent highlights include presenting at key industry conferences and filing a Marketing Authorisation application with the European Medicines Agency (EMA) for blarcamesine in Alzheimer's disease. Anavex also recently bolstered its executive team with seasoned professionals to drive its R&D and clinical strategies forward.
For more information, visit www.anavex.com or follow the company on Twitter, Facebook, Instagram, and LinkedIn.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced positive top-line results from its Phase 3 AVATAR trial of ANAVEX®2-73 in adult women with Rett syndrome. Key findings include statistically significant improvements in primary and secondary efficacy endpoints: 72.2% of patients showed improvement in RSBQ AUC (p = 0.037) compared to 38.5% on placebo. The study also indicated changes in biomarkers GABA and L-AAA. Anavex plans to engage with the FDA regarding the approval pathway, as there are currently no FDA-approved treatments for Rett syndrome.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced positive top-line results from its Phase 1 clinical trial of ANAVEX®3-71, a treatment for neurodegenerative diseases. The trial met primary and secondary safety endpoints, showing that the drug was well tolerated across all dose cohorts (5 mg to 200 mg) with no serious adverse events or dose-limiting toxicities. The drug exhibited linear pharmacokinetics and no significant food effects. Anavex plans to advance ANAVEX®3-71 into Phase 2 trials, aiming for a biomarker-driven program in treating Frontotemporal Dementia and Alzheimer's disease.
Anavex Life Sciences Corp. (AVXL) has announced significant leadership changes, promoting Walter E Kaufmann, M.D. to Chief Scientific Officer and appointing Edward R Hammond, M.D., M.P.H., PhD as Chief Medical Officer, effective immediately. Dr. Kaufmann brings extensive academic experience from institutions like Harvard and Johns Hopkins, while Dr. Hammond has over 15 years in clinical drug development from AstraZeneca. The company is focused on advancing its clinical candidates targeting neurodegenerative disorders, which shows potential for growth in patient care.
On January 5, 2022, Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that CEO Christopher U. Missling, PhD, will present at the H.C. Wainwright Virtual BioConnect 2022 Conference from January 10-13, 2022. The presentation will focus on Anavex's innovative therapeutics for neurodegenerative disorders, including Alzheimer’s and Parkinson’s diseases. A webcast will be available on Anavex's website starting January 10, 2022. Anavex is known for its lead candidate, ANAVEX®2-73, which has shown promise in clinical trials for treating these conditions.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that President and CEO Christopher U. Missling, PhD, will present at the 40th Annual J.P. Morgan Healthcare Conference on January 13, 2022, at the Westin St. Francis Hotel in San Francisco, CA. Anavex is focused on developing therapeutics for neurodegenerative diseases like Alzheimer’s and Parkinson’s. Their lead drug, ANAVEX®2-73 (blarcamesine), has shown promise in Phase 2 trials for Alzheimer’s and Parkinson’s disease dementia, indicating its potential to treat various CNS disorders. A live webcast of the presentation will be available online.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that its CEO, Christopher U. Missling, PhD, will participate in a virtual fireside chat at the 4th Annual Evercore ISI HealthCONx Conference on December 2, 2021, at 12:10 p.m. ET. Anavex is focused on developing therapeutics for neurodegenerative diseases such as Alzheimer’s and Parkinson’s. Its lead candidate, ANAVEX®2-73, has completed a Phase 2a trial for Alzheimer’s and shown promise for Parkinson’s dementia and Rett syndrome. A live webcast of the event will be available on the company’s website.
Anavex Life Sciences Corp. (Nasdaq: AVXL) reported its financial results for the fiscal year ending September 30, 2021. The company has a strong cash position of $152.1 million, significantly up from $29.2 million in 2020. However, it reported a net loss of $37.9 million (or $0.54 per share), worsening from $26.3 million (or $0.45 per share) the previous year. Anavex is advancing three clinical trials, with top-line results expected in late 2021 and 2022 for Alzheimer's and Rett syndrome treatments. The company aims for growth through its SIGMAR1 platform.
Anavex Life Sciences Corp. (Nasdaq: AVXL) will announce its fiscal year financial results for the period ended September 30, 2021, during a conference call on November 24, 2021, at 4:30 PM EDT. The call will provide insights into the company's growth strategy.
Founded to develop therapeutics for neurodegenerative disorders, Anavex's lead candidate, ANAVEX®2-73, has shown promising results in clinical trials for conditions like Alzheimer’s and Parkinson’s diseases. The event will include a Q&A session following management’s remarks.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that CEO Christopher U. Missling will participate in the Lausanne VIII Workshop for Leaders and Innovators in Alzheimer’s from November 15 to 18, 2021. The workshop, focusing on novel therapeutic approaches, aims to address Alzheimer’s disease challenges and promote solutions by 2025. The event, organized by OECD and supported by various international organizations, highlights the growing urgency of Alzheimer's, which currently affects 5.7 million Americans and is projected to cost $1.1 trillion by 2050.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that CEO Christopher U. Missling, PhD, will present at the Dawson James Securities 6th Annual Conference on October 21, 2021, at 1:30 PM ET. Anavex focuses on developing therapeutics for neurodegenerative disorders like Alzheimer’s and Parkinson’s diseases. Their lead candidate, ANAVEX®2-73, has shown promise in clinical trials, including a Phase 2 for Alzheimer's. The company will provide a webcast of the presentation on its website, accessible for 30 days.
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