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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 (Nasdaq: AVXL) reported positive preclinical results for ANAVEX®2-73 (blarcamesine) in a Fragile X syndrome (FXS) model at the 19th NFXF International Fragile X Conference. The study showed significant dose-dependent improvements in translatable EEG biomarkers, particularly in the auditory steady state response (ASSR) test. ANAVEX®2-73 enhanced neural synchrony in the frontal and auditory cortices, demonstrating potential to address behavioral, sensory, and cognitive abnormalities in FXS patients.
FXS, affecting an estimated 62,500 people in the US and 1,088,500 worldwide, is the most common inherited intellectual disability and single gene cause of autism spectrum disorder. Based on these results and previous studies, Anavex plans to initiate a clinical trial to evaluate ANAVEX®2-73's safety and efficacy in FXS patients.
Anavex Life Sciences presented results from their Phase IIb/III trial of blarcamesine (ANAVEX®2-73) for early Alzheimer's disease at the 2024 Alzheimer's Association Conference. The oral, once-daily treatment significantly slowed clinical decline by 38.5% (50 mg) and 34.6% (30 mg) compared to placebo over 48 weeks. Key findings include:
1. Significant improvement in the primary cognitive endpoint (ADAS-Cog13)
2. Positive trends in functional measures (ADCS-ADL)
3. Significant results in the key secondary composite endpoint (CDR-SB)
4. Reduced brain atrophy in key regions
5. Good safety profile with no neuroimaging adverse events
Anavex plans to submit for EMA approval in Q4 2024. The company believes blarcamesine's oral administration and safety profile could provide broader access to early Alzheimer's patients.
Anavex Life Sciences (Nasdaq: AVXL), a clinical-stage biopharmaceutical firm focusing on neurodegenerative, neurodevelopmental, and neuropsychiatric disorders, will be presenting at the H.C. Wainwright 5th Annual Neuro Perspectives Virtual Conference. The presentation will be given by CEO Christopher U. Missling, PhD, and will be available via audio webcast starting June 27, 2024, at 7:00 a.m. ET. Interested parties can access the webcast through the Investors section of Anavex’s official website.
Anavex Life Sciences has announced the expansion of its leadership team with the appointment of three new senior executives: Juan Carlos Lopez-Talavera, MD, PhD as Senior VP, Head of Research and Development; Terrie Kellmeyer, PhD as Senior VP of Clinical Development; and Jeffrey Edwards, PhD as VP of Clinical Pharmacology and Science. Each brings extensive experience in drug development, regulatory affairs, and clinical trials. This move aims to enhance operational efficiency and drive value creation, aligning with Anavex's strategy to bring innovative therapeutics to market for neurodegenerative and neuropsychiatric disorders.
Anavex Life Sciences (AVXL), a clinical-stage biopharmaceutical firm focusing on treatments for neurodegenerative, neurodevelopmental, and neuropsychiatric conditions, announced its participation in the H.C. Wainwright 2nd BioConnect Investor Conference. The event will occur on May 20, 2024, at 10:00am ET at NASDAQ World Headquarters in New York City.
Christopher U. Missling, PhD, Anavex's President and CEO, will engage in a fireside chat. A live audio webcast will be available on the company's website, with an archived version accessible later.
Anavex Life Sciences Corp. reported fiscal 2024 second quarter financial results, highlighting encouraging FDA guidance for Early Alzheimer’s disease and progress on Marketing Authorisation application to EMA for blarcamesine. Key pipeline updates include Alzheimer's, schizophrenia, Parkinson's, Rett syndrome, and Fragile X trials. Recent business highlights and financial data show positive outcomes with cash reserves of $139.4 million and net loss reduction.
Anavex Life Sciences Corp. will announce its fiscal 2024 second-quarter financial results on May 9, 2024. The company is a clinical-stage biopharmaceutical company focusing on developing therapeutics for neurodegenerative and neurodevelopmental disorders. The conference call will provide an update on the company's growth strategy.
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