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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) will present at the 41st Annual J.P. Morgan Healthcare Conference on January 12, 2023, in San Francisco, CA. CEO Christopher U Missling will speak from 08:15 AM to 08:55 AM (PT). The session will be available via a live audio webcast on the company's website and archived later that day. Anavex focuses on developing therapeutics for neurodegenerative disorders like Alzheimer's and Parkinson's, with promising drug candidates such as ANAVEX®2-73.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced a conference call on December 5, 2022, at 8:30 am ET to review Phase 2b/3 study results of ANAVEX®2-73-AD-004 for Alzheimer's disease. The call will be accessible through a webcast on the company's website. Anavex focuses on developing therapeutics for neurodegenerative disorders like Alzheimer’s and Parkinson’s. Its lead candidate, ANAVEX®2-73, has shown promise in multiple clinical trials. Interested participants can dial in or access the replay available for 30 days post-call.
Anavex Life Sciences announced positive topline results from its Phase 2b/3 ANAVEX®2-73-AD-004 clinical trial for ANAVEX®2-73 (blarcamesine) in treating mild cognitive impairment due to Alzheimer’s disease. The study met primary and key secondary endpoints, showing statistically significant improvements in cognitive function and clinical decline over 48 weeks. With treatment, patients had an 84% higher likelihood of cognitive improvement. Anavex plans to meet with regulatory authorities to discuss development pathways for this promising therapy.
Anavex Life Sciences Corp. (Nasdaq: AVXL) reported its financial results for the fiscal year ending September 30, 2022, noting a net loss of $48.0 million, or $0.62 per share. Cash and cash equivalents stood at $149.2 million. The company is advancing its clinical pipeline, including the upcoming readout of the Phase 2b/3 trial for ANAVEX®2-73 in Alzheimer’s disease. Additionally, ANAVEX®2-73 received orphan drug designation for Fragile X syndrome. The company highlighted its strategy in precision medicine and emphasized the economic burden of Alzheimer’s treatment, projected to exceed $1 trillion.
Anavex Life Sciences Corp. (Nasdaq: AVXL) will release its fiscal year 2022 financial results on November 28, 2022, at 8:30 am ET. Following the results, a conference call will be held to discuss the findings and the company's growth strategy. Anavex focuses on developing therapeutics for neurodegenerative disorders, including Alzheimer’s and Parkinson’s diseases. Its lead candidate, ANAVEX®2-73, has completed several clinical trials, showing promise in treating these conditions. A webcast of the call will be available on their website.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced that CEO Christopher U Missling, PhD, will present at the Guggenheim 4th Annual Immunology and Neurology Conference on November 14, 2022, at 11:20 AM ET, in New York. The conference will focus on their development of therapeutics for neurodegenerative diseases such as Alzheimer's and Parkinson's. A live webcast will be accessible through their website, with an archived version available later. Anavex's lead drug candidate, ANAVEX®2-73, shows promise in treating Alzheimer's and other CNS disorders.
Anavex Life Sciences Corp. (Nasdaq: AVXL) has received Orphan Drug Designation from the U.S. FDA for ANAVEX®2-73 (blarcamesine) aimed at treating Fragile X syndrome (FXS), which affects an estimated 62,500 individuals in the U.S. and over 1 million globally. This designation allows for development incentives, including tax credits and marketing exclusivity. The CEO emphasized the potential for ANAVEX®2-73 to significantly aid the FXS community, while the company continues its late-stage clinical trials across various neurological disorders.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced the presentation of Phase 2b/3 data for ANAVEX®2-73 (blarcamesine) aimed at treating Early Alzheimer's Disease, scheduled for December 1, 2022, at the CTAD Congress in San Francisco. A/Prof. Stephen Macfarlane will present the findings, which will also be published in a peer-reviewed journal. ANAVEX®2-73 is recognized as a significant therapeutic option targeting the sigma-1 receptor, showing promise from prior clinical trials in Alzheimer's and other CNS disorders. The economic burden of Alzheimer's is projected to exceed $1 trillion as the population ages.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced the issuance of U.S. Patent No. 11,446,275, enhancing its intellectual property for ANAVEX®2-73 (blarcamesine). This patent covers treatment methods for conditions related to methyl-CpG binding protein 2 defects, including Rett syndrome and autism, ensuring protection until at least 2037. Anavex has recently secured multiple patents supporting its drug portfolio, demonstrating commitment to innovation in therapies for neurodegenerative disorders. ANAVEX®2-73 has shown positive results in Phase 2 and Phase 3 trials.
Anavex Life Sciences Corp. (Nasdaq: AVXL) announced a new peer-reviewed publication in Science Translational Medicine, highlighting the role of sigma-1 receptor (SIGMAR1) in early Alzheimer's disease. The study suggests SIGMAR1 activation may serve as a compensatory mechanism, helping to restore neural balance and promote neuroplasticity. Top line results from the Phase 2b/3 study of ANAVEX®2-73 for Alzheimer's are expected in fall 2022. This research underscores the need for treatments targeting multiple pathways in Alzheimer's disease to effectively slow progression and improve cognitive function.
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