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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. (AVXL) announced positive progress in its Phase 2b/3 Alzheimer’s disease study of ANAVEX®2-73 (blarcamesine). The Independent Data Safety Monitoring Board (DSMB) recommended continuing the trial without modifications after reviewing interim safety data. The study, which has fully enrolled 509 patients, is centered on assessing safety and cognitive function, using primary endpoints like ADAS-Cog. Topline data is expected in the second half of 2022, with potential implications for treating neurodegenerative disorders.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that its CEO, Christopher U. Missling, PhD, will participate in a panel at the 5th Pharma Pricing, Reimbursement & Market Access 2021 conference on September 29, 2021. The discussion will focus on drug development for Fragile X Syndrome through community-based collaboration. Anavex specializes in developing therapeutics for neurodegenerative disorders such as Alzheimer's and Parkinson's disease, with its lead drug candidate, ANAVEX®2-73, showing promising results in clinical trials for these conditions.
Anavex Life Sciences Corp. (NASDAQ: AVXL) announced its uplisting to the NASDAQ Global Select Market, effective September 27, 2021. This marks a significant achievement for Anavex, previously listed on the NASDAQ Capital Market, highlighting the company's compliance with stringent financial and governance standards. President & CEO, Christopher U Missling, emphasized this transition as a reflection of the company's growth and long-term potential. Anavex focuses on developing therapeutics for neurodegenerative disorders, with its lead candidate, ANAVEX®2-73, showing promising results in clinical trials.
Anavex Life Sciences Corp. (Nasdaq: AVXL) will present at the 2021 Cantor Virtual Global Healthcare Conference on September 27, 2021, at 10:40 AM (ET). The company specializes in developing therapeutics for neurodegenerative disorders, including Alzheimer’s, Parkinson’s, and Rett syndrome. Anavex's lead drug candidate, ANAVEX®2-73, has shown promise in clinical trials, demonstrating potential benefits for both Alzheimer’s and Parkinson’s disease. The live audio webcast of the presentation will be available on the company’s website and will be accessible for 30 days post-event.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that CEO Christopher U. Missling, PhD, will present at the H.C. Wainwright 23rd Annual Global Investment Conference from September 13-15, 2021. A webcast of the on-demand presentation will be available starting September 13 at 7:00 A.M. (ET) through their website and the conference platform. Anavex specializes in therapeutics for neurodegenerative disorders, having successfully completed clinical trials for its lead drug candidate ANAVEX®2-73, designed for Alzheimer’s and Parkinson’s diseases.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced the publication of preclinical data on ANAVEX®2-73 (blarcamesine) for treating Fragile X Syndrome in Scientific Reports. The study demonstrated the drug's ability to reverse hyperactivity, restore associative learning, and reduce anxiety in Fmr1 knockout mice. Positron emission tomography confirmed dose-dependent receptor occupancy. These findings pave the way for a Phase 2/3 clinical trial, potentially expanding treatment options for the 62,500 Fragile X patients in the US.
Anavex Life Sciences Corp. (Nasdaq: AVXL) reported promising developments in its late-stage clinical trials for ANAVEX®2-73 (blarcamesine). A total of 509 patients have been enrolled in the Phase 2b/3 trial for Alzheimer’s disease, exceeding enrollment targets. The company holds a strong cash position of $157.6 million. However, the net loss for the quarter totaled $10.2 million, or $0.14 per share, which is an increase from $6.5 million in the same quarter last year. Upcoming topline data releases in 2H 2021 for Rett syndrome and 2H 2022 for Alzheimer’s disease are anticipated.
Anavex Life Sciences Corp. (Nasdaq: AVXL) will announce its financial results for the fiscal quarter ending June 30, 2021, on August 12, 2021, at 4:30 PM EDT. A conference call will follow, allowing management to discuss financial results and strategies for growth. Anavex specializes in developing therapeutics for neurodegenerative and neurodevelopmental disorders, including Alzheimer's and Parkinson's diseases. The company's lead drug, ANAVEX®2-73, has shown promise in clinical trials.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced participation by CEO Christopher U. Missling, PhD, in the BTIG Virtual Biotechnology Conference 2021 on August 10, 2021, at 9:30 a.m. EDT. The conference will focus on the company's development of therapeutics for neurodegenerative disorders like Alzheimer's and Parkinson's diseases. Anavex's lead drug, ANAVEX®2-73, showed promise in clinical trials and targets sigma-1 and muscarinic receptors to restore cellular balance. A webcast of the event will be available on Anavex's website under the Investors section.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced promising data indicating that ANAVEX®2-73 can prevent cognitive decline associated with Alzheimer's disease. In preclinical studies, the drug showed significant protection against Aβ25-35-induced cognitive impairments. The company plans to initiate a Phase 3 trial focusing on prevention in at-risk patients. Previously, clinical studies demonstrated cognitive improvements in Alzheimer's patients after treatment with ANAVEX®2-73 over 57 weeks. These advancements highlight the drug's potential in addressing significant unmet needs in neurodegenerative therapies.
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