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Anavex Life Sciences

Anavex Life Sciences logo
🇺🇸United States
Ownership
Public
Established
2006-01-01
Employees
40
Market Cap
$515.5M
Website
http://www.anavex.com
Introduction

Anavex Life Sciences Corp. is a clinical stage biopharmaceutical company, which engages in the development of different therapeutics for the treatment of neurodegenerative and neurodevelopmental diseases. Its lead compound, ANAVEX2-73, is being developed to treat Alzheimer's and Parkinson's disease and central nervous system diseases, including Rett syndrome. The company was founded by Harvey Lalach and Athanasios Skarpelos on January 23, 2004 and is headquartered in New York, NY.

anavex.com
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Anavex's Blarcamesine Achieves Pre-specified Efficacy in Slowing Alzheimer's Disease Progression

Blarcamesine, an oral drug, significantly slowed Alzheimer's disease progression by 36.3% over 48 weeks, with stronger effects in patients with the common SIGMAR1 wild type gene. It activates SIGMAR1, enhancing autophagy to restore cellular homeostasis, offering a novel treatment with a good safety profile.
defenseworld.net
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Anavex Life Sciences (NASDAQ:AVXL) Rating Reiterated by HC Wainwright

HC Wainwright reaffirms 'buy' rating on Anavex Life Sciences (NASDAQ:AVXL) with a $40.00 price target. EF Hutton Acquisition upgrades to 'strong-buy'. AVXL stock opened at $5.65, with a 52-week range of $3.25-$10.45. Institutional investors like Virtu Financial and Mirae Asset Global Investments increased stakes. Anavex focuses on CNS disease therapeutics, with ANAVEX 2-73 as a lead candidate for Alzheimer's and Parkinson's.
theglobeandmail.com
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Anavex Life Sciences Announces Encouraging Preliminary Biomarker Results from Ongoing ...

ANAVEX®3-71 shows dose-dependent effects on EEG biomarkers in schizophrenia patients, reversing abnormalities. Part B of the Phase 2 study, with longer treatment duration, is ongoing.
rttnews.com
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Anavex Reports Promising EEG Biomarker Results From Phase 2 Study Of ANAVEX 3-71

Anavex Life Sciences announced preliminary EEG biomarker results from Part A of its Phase 2 study of ANAVEX 3-71 for schizophrenia, showing a dose-dependent effect on key EEG biomarkers with no serious adverse events. Part B, ongoing with more participants and longer treatment, aims for comprehensive efficacy and safety data by H1 2025.
globenewswire.com
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Tau Inhibitors Clinical Trial Pipeline Analysis

Tau Inhibitors Clinical Trial Pipeline Analysis shows 25+ key companies expected to transform treatment, with increased funding accelerating advancements in neurodegenerative disease therapies.

Ushering in a new era of fit-for-purpose clinical endpoints for Rett syndrome

Clinical trials for Rett syndrome need better outcome measures to objectively confirm symptom improvement. Existing measures lack specificity for motor and autonomic functions. Acadia Pharmaceuticals' Daybue became the first FDA-approved treatment, while Anavex Life Sciences' ANAVEX2-73 failed in Phase III. Experts advocate for a holistic approach including behavioural and biomarker assessments. Video motor assessments and wearable biosensors are suggested for more objective evaluations.
biospace.com
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AI in Clinical Trials Market Size to Reach USD 20.16 Billion By 2033

The AI in clinical trials market is projected to grow from USD 1.58 billion in 2023 to USD 20.16 billion by 2033, driven by cost reduction, personalized medicine, and regulatory recognition. Key segments include North America, services, deep learning, infectious diseases, and pharmaceuticals. AI revolutionizes drug development through data analysis, patient recruitment, and safety monitoring.
biospace.com
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Late-Stage Alzheimer's Pipeline Goes Beyond Amyloid and Tau

Eisai and Biogen's Leqembi and Eli Lilly's Kisunla are first anti-amyloid antibodies to slow Alzheimer's cognitive decline. 32 therapeutics in Phase III trials target neuroprotection, neurotransmitters, neurogenesis, inflammation, and proteinopathies. Leqembi and Kisunla have limited efficacy and notable side effects, prompting diverse opinions on clinical benefit. Next-gen therapeutics aim for easier administration and multiple pathways to treat Alzheimer's.
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