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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 that Christopher U. Missling, PhD, will present at the H.C. Wainwright Virtual BioConnect Conference from January 11-14, 2021. This clinical-stage biopharmaceutical company focuses on developing innovative therapies for neurodegenerative disorders such as Alzheimer’s and Parkinson’s diseases. Anavex's lead drug candidate, ANAVEX®2-73, has shown promise in recent clinical trials, demonstrating its ability to restore cellular balance and potentially reverse Alzheimer’s disease progression. A webcast of the presentation will be available on Anavex’s website.
Anavex Life Sciences Corp. (AVXL) announced its fiscal year 2020 results, reporting a net loss of $26.3 million, or $0.45 per share, consistent with the previous year. The company has cash reserves of $47.6 million. Key advancements include successful trials for ANAVEX®2-73 in Rett syndrome and Parkinson's disease dementia, with future pivotal trials planned. The firm aims to engage the FDA regarding accelerated approval. Anavex’s patent application for ANAVEX®2-73 has been allowed, extending protection until at least 2037.
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.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced a webinar hosted by Ladenburg Thalmann on December 22, 2020, at 3:30 p.m. ET. The webinar will focus on Rett Syndrome and Phase 2 data for ANAVEX®2-73 (blarcamesine). Esteemed speakers include Dr. Jeffrey Neul and Dr. Randi Jenssen Hagerman, with Robert LeBoyer moderating. ANAVEX®2-73 has shown promising results in Phase 2 clinical trials for Alzheimer’s disease and Parkinson’s disease dementia. The webinar aims to discuss its potential in treating neurodevelopmental disorders.
On December 15, 2020, Anavex Life Sciences Corp. (Nasdaq: AVXL) announced positive results from a Phase 2 trial of ANAVEX®2-73 (blarcamesine) for treating Rett syndrome in adult females. The trial met primary safety and secondary efficacy endpoints, showing statistically significant improvements in Rett syndrome symptoms, particularly in the Rett Syndrome Behaviour Questionnaire (RSBQ) and Clinical Global Impression Improvement Scale (CGI-I). All participants exhibited a favorable safety profile, leading to plans for an FDA meeting regarding the approval pathway for ANAVEX®2-73.
Anavex Life Sciences Corp. (Nasdaq: AVXL) has received a Notice of Allowance from the USPTO for patent application number 16/717,921. This patent enhances the company's intellectual property for ANAVEX®2-73 (blarcamesine) and other sigma-1 receptor agonist candidates targeting neurodevelopmental disorders like Rett syndrome and autism. The patent is valid until at least 2037 and increases coverage for various treatment methods. Currently, ANAVEX®2-73 is being assessed in multiple clinical trials for Rett syndrome, with previous FDA designations for its therapeutic potential.
On November 25, 2020, Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that CEO Christopher U. Missling will present at the Evercore ISI 3rd Annual HealthCONx Conference on December 3, 2020, at 11:45 a.m. ET. This virtual event will be accessible via a live webcast. Anavex is focused on developing therapeutics for neurodegenerative disorders, such as Alzheimer's and Parkinson's diseases, with their lead drug candidate, ANAVEX®2-73 (blarcamesine), showing potential in a Phase 2a trial. More details can be accessed through the company’s website.
Anavex Life Sciences Corp. (Nasdaq: AVXL) recently presented findings from a Phase 2 clinical trial of ANAVEX®2-73 (blarcamesine) at the CTAD conference. The study involved 132 patients with Parkinson's disease dementia (PDD) and demonstrated statistically significant improvements in cognitive functions, specifically in Attention (p = 0.039) and Episodic Memory (p = 0.003). ANAVEX®2-73 was well tolerated, showing a favorable safety profile compared to typical dementia drugs. The company plans to submit results for publication and seek FDA guidance for a pivotal trial in PDD.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced promising results from its Phase 2 trial of ANAVEX®2-73 (blarcamesine) for patients with Parkinson’s disease dementia (PDD). The trial demonstrated significant cognitive improvements with a favorable safety profile at doses up to 50 mg once daily. The study included 132 participants and confirmed the effectiveness of targeting SIGMAR1 as a genetic biomarker. Anavex plans to submit results to the FDA for regulatory guidance and anticipates a pivotal trial for PDD. This could address the urgent need for novel therapies in PDD, as none have been approved in over 20 years.
Anavex Life Sciences Corp. (Nasdaq: AVXL) has completed the U.S. Phase 2 study of ANAVEX®2-73 (blarcamesine) for Rett syndrome, with results expected next quarter. The trial enrolled 31 patients and focused on safety, tolerability, and efficacy, showing significant improvements in key effectiveness measures. ANAVEX®2-73, a sigma-1 receptor activator, aims to restore neural cell function. The drug has received multiple FDA designations, emphasizing its potential in addressing this serious condition where no approved treatments currently exist.
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