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Anavex Life Sciences to Present at the 22nd Annual Needham Virtual Healthcare Conference 2023

Key Takeaway: Anavex Life Sciences Corp. announced that their President and CEO, Christopher U Missling, PhD, will present at the 22nd Annual Needham Virtual Healthcare Conference on April 17, 2023. The company is focused on developing therapeutics for neurodegenerative and neurodevelopmental disorders, including Alzheimer's and Parkinson's disease. Anavex has shown promising results with its lead drug candidate, ANAVEX®2-73, having successfully completed multiple clinical trials. The presentation aims to increase the company's visibility within the healthcare community.

Market Sentiment Analysis

POSITIVE FACTORS

  • Anavex will present at a major healthcare conference, providing visibility.
  • The company has promising drug candidates like ANAVEX®2-73 and ANAVEX®3-71 for CNS disorders.
  • Recent successes in clinical trials add credibility to their treatments.

Full Press Release Details

NEW YORK, April 10, 2023 (GLOBE NEWSWIRE) -- Anavex Life Sciences Corp. (“Anavex” or the “Company”) (Nasdaq: AVXL), a clinical-stage biopharmaceutical company developing differentiated therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders including Alzheimer’s disease, Parkinson’s disease, Rett syndrome and other Central Nervous System (CNS) diseases, today announced that Christopher U Missling, PhD, President & Chief Executive Officer of Anavex will present at the 22nd Annual Needham Virtual Healthcare Conference 2023 on Monday, April 17, 2023, at 8:00 AM ET.
A live audio webcast will be accessible through the Investors section of the Company’s website at www.anavex.com. An archived edition of the session will be available later that day.
About Anavex Life Sciences Corp.
Anavex Life Sciences Corp. (Nasdaq: AVXL) is a publicly traded biopharmaceutical company dedicated to the development of novel therapeutics for the treatment of neurodegenerative and neurodevelopmental disorders, including Alzheimer's disease, Parkinson's disease, Rett syndrome, and other central nervous system (CNS) diseases, pain, and various types of cancer. Anavex's lead drug candidate, ANAVEX®2-73 (blarcamesine), has successfully completed a Phase 2a and recently a Phase 2b/3 clinical trial for Alzheimer's disease, a Phase 2 proof-of-concept study in Parkinson's disease dementia, and both a Phase 2 and a Phase 3 study in adult patients with Rett syndrome. ANAVEX®2-73 is an orally available drug candidate that restores cellular homeostasis by targeting sigma-1 and muscarinic receptors. Preclinical studies demonstrated its potential to halt and/or reverse the course of Alzheimer's disease. ANAVEX®2-73 also exhibited anticonvulsant, anti-amnesic, neuroprotective, and anti-depressant properties in animal models, indicating its potential to treat additional CNS disorders, including epilepsy. The Michael J. Fox Foundation for Parkinson's Research previously awarded Anavex a research grant, which fully funded a preclinical study to develop ANAVEX®2-73 for the treatment of Parkinson's disease. ANAVEX®3-71, which targets sigma-1 and M1 muscarinic receptors, is a promising clinical stage drug candidate demonstrating disease-modifying activity against the major hallmarks of Alzheimer's disease in transgenic (3xTg-AD) mice, including cognitive deficits, amyloid, and tau pathologies. In preclinical trials, ANAVEX®3-71 has shown beneficial effects on mitochondrial dysfunction and neuroinflammation. Further information is available at www.anavex.com. You can also connect with the company on Twitter, Facebook, Instagram, and LinkedIn.
Forward-Looking Statements
Statements in this press release that are not strictly historical in nature are forward-looking statements. These statements are only predictions based on current information and expectations and involve a number of risks and uncertainties. Actual events or results may differ materially from those projected in any of such statements due to various factors, including the risks set forth in the Company’s most recent Annual Report on Form 10-K filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement and Anavex Life Sciences Corp. undertakes no obligation to revise or update this press release to reflect events or circumstances after the date hereof.
For Further Information:
Anavex Life Sciences Corp.
Research & Business Development
Toll-free: 1-844-689-3939

Frequently Asked Questions

What is Anavex Life Sciences Corp. known for?

Anavex specializes in developing therapeutics for neurodegenerative and neurodevelopmental disorders.

When will Anavex present at the Needham Conference?

Anavex will present on April 17, 2023, at 8:00 AM ET.

What is the lead drug candidate of Anavex?

Anavex's lead candidate is ANAVEX®2-73 (blarcamesine) for Alzheimer's disease.

What types of diseases does Anavex's research focus on?

Anavex focuses on Alzheimer's, Parkinson's, Rett syndrome, and other CNS diseases.

How can I access the Anavex conference presentation?

The presentation will be available via live audio webcast on Anavex's website.

Last updated: Apr 10, 2023