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Anavex Life Sciences to Present at the 23rd Annual Needham Virtual Healthcare Conference

Key Takeaway: Anavex Life Sciences Corp. (Nasdaq: AVXL) announced its participation in the 23rd Annual Needham Virtual Healthcare Conference, set for April 8-11, 2024. CEO Christopher U Missling, PhD, will present on April 8th at 8:45 AM (ET). The conference aims to spotlight the company's developments in therapeutics for neurodegenerative disorders. Anavex's lead candidate, ANAVEX®2-73, has demonstrated success in various clinical trials, particularly for Alzheimer's disease and Parkinson's disease dementia.

Market Sentiment Analysis

POSITIVE FACTORS

  • Anavex Life Sciences is actively developing therapeutics for various neurodegenerative disorders.
  • The company will present at a notable conference, indicating visibility and investor interest.
  • Lead drug candidate ANAVEX®2-73 has shown promising results in clinical trials.

Full Press Release Details

NEW YORK, March 25, 2024 (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, schizophrenia and other central nervous system (CNS) diseases, today announced that it will present at the 23rd Annual Needham Virtual Healthcare Conference, April 8 – 11, 2024. Christopher U Missling, PhD, President & Chief Executive Officer will present the Company scheduled at 8:45 AM (ET) on Monday, April 8th, 2024.
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, schizophrenia 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 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 and one Phase 2/3 in pediatric patients with Rett syndrome. ANAVEX®2-73 is an orally available drug candidate that restores cellular homeostasis by targeting SIGMAR1 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 SIGMAR1 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 disorders does Anavex Life Sciences target?

Anavex focuses on neurodegenerative and neurodevelopmental disorders like Alzheimer's, Parkinson's, and schizophrenia.

When will Anavex present at the Needham Conference?

Anavex will present on April 8, 2024, at 8:45 AM (ET).

What is ANAVEX®2-73 used for?

ANAVEX®2-73 is an oral drug candidate for treating Alzheimer's and Parkinson's diseases.

How can I access Anavex's conference presentation?

You can access the live audio webcast on Anavex's Investors section of their website.

What is the primary focus of Anavex's research?

Anavex's primary focus is developing therapeutics for central nervous system diseases.

Last updated: Mar 25, 2024